Carbon Pricing Archives - Page 5 of 33 - Canada's Ecofiscal Commission

May 3 2019

Summary of Saskatchewan Court Decision on the Federal Carbon Pricing Law

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

May 1 2019

What “demand is inelastic” actually means

by Chris Ragan and Brendan Frank

Pollution Carbon Pricing Congestion Pricing Economics for the Rest of Us Traffic User Fees

“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, […]

Apr 24 2019

Carbon pricing is boring

by Dale Beugin

Climate and Energy Cap-and-trade Carbon Pricing Carbon tax Provincial Policy

If you judged by Twitter alone, you could be forgiven for thinking carbon pricing was as controversial as the colour of a certain dress. And look, I get it. On one hand, there’s increasing apprehension around the costs of climate change. On the other, there’s anxiety around the affordability of a low-carbon transition. Combining those […]

Apr 10 2019

Feeling good without actually doing good

by Richard Lipsey

Climate and Energy Carbon Pricing Ecofiscal Commissioners Oil & Gas Sector

I join with most Canadians who have come to accept the reality of climate change and with those who agree that the emissions from burning fossil fuels–mainly coal, oil, and natural gas−are a major cause of such change. I also join with most Canadian by asking: What can we do to keep our climate from […]

Apr 3 2019

How are governments recycling carbon pricing revenues?

by Brendan Frank

Climate and Energy Carbon Pricing Provincial Policy Revenue Recycling

If they don’t already, every province in Canada will soon have a price on carbon. The main purpose of carbon pricing is to reduce emissions, but they also generate revenues for governments. When it comes to recycling these revenues back into the economy, governments have plenty of options. In this blog, I’ll dive into the […]

Mar 29 2019

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

by Chris Ragan

Climate and Energy Carbon Pricing Competitiveness Ecofiscal Commissioners Opinion

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 […]

An Open Letter from Economists on Canadian Carbon Pricing

Carbon Pricing