If not carbon pricing in Ontario – which works well – then what, Mr. Ford?

Climate and Energy

by Dale Beugin, Don Drummond, Glen Hodgson and Mel Cappe We’d like to correct the record on some of the myths and misunderstandings surrounding carbon pricing. The economic evidence clearly contradicts some of the recent rhetoric coming from Ontario. In short: Carbon pricing works. Carbon pricing is cheaper than any other policy option. And getting […]

Can Ontario hit its targets without carbon pricing?

Climate and Energy Pollution

Ontario’s new government plans to dismantle the provincial cap-and-trade system and resist the federal backstop, essentially opposing carbon pricing in all forms. Though he hasn’t provided details, the premier-designate says he will “come down heavy on polluters.” Let’s take his statement seriously. What would a real plan to decarbonize Ontario look like—without a price on […]

Doug Ford victory speech after Ontario election. Ford plans to get rid of Ontario's cap-and-trade (carbon pricing) system (that he refers to as a carbon tax).

Tread Carefully: Ontario’s cap-and-trade system meets a fork in the road

Climate and Energy Pollution

Ontario elected a new government yesterday, and as far as carbon pricing is concerned, change is afoot. The province’s cap-and-trade system is working well, but the incoming Progressive Conservatives have signaled their discontent with the status quo. In this blog, we’ll look at their options—everything from leaving the WCI entirely to changing how auction revenues […]

Opinion: The real costs and benefits of carbon pricing

Climate and Energy

Yes, carbon pricing, like all climate policies, will have economic costs. But that doesn’t mean we should take no policy action. Last week saw lots of talk around the economic costs of carbon pricing. In one sense, that’s appropriate. In fact, policy costs are exactly why economists like carbon pricing—because it can reduce greenhouse gas […]

Picture of Boston, demonstrating the US where carbon pricing is working

Carbon pricing works in the U.S.

Climate and Energy Pollution

Carbon pricing is emerging as the tool of choice to reduce emissions. More governments are relying on carbon pricing, and more evidence is piling up that it works. Ecofiscal’s latest report highlights three case studies, including one on California. Today, we’ll dive deeper into the U.S.’s other cap-and-trade system: the Northeast’s Regional Greenhouse Gas Initiative […]

Send this to friend