Summary of Saskatchewan Court Decision on the Federal Carbon Pricing Law

Climate and Energy

The Saskatchewan Court of Appeal ruled that the federal Greenhouse Gas Pollution Pricing Act (GGPPA) is constitutionally valid; it falls within federal authority under the “National Concern” power – a branch of the Peace, Order and Good Government power. What is the decision? 3 of the 5 judges joined in this majority opinion. The two […]

a large series of off-ramps connecting a larger road network

What “demand is inelastic” actually means

Pollution

“A carbon tax does nothing for the environment.” “Road tolls won’t affect driving habits.” “Prices don’t matter when we’re using water for everyday life.” We hear these arguments frequently when discussing ecofiscal policies. Critics might even drop a little economics jargon. But that doesn’t mean these arguments are grounded in good economics. In this blog, […]

There’s probably more consensus on output-based pricing than you think

Climate and Energy

Meeting Canada’s climate targets in a way that is best for our economic prosperity requires broad policy that creates consistent incentives across all emissions in the economy, from individual households and small businesses to heavy industry. Output-based pricing must be a key part of that mix if Canada is to strike the right balance between […]