Opinion: To avoid catastrophic climate change, we need carbon pricing

Climate and Energy Pollution

On Monday, the Intergovernmental Panel on Climate Change (IPCC) released its latest report, affirming that humanity has about a decade to hold global temperature increases to 1.5 degrees C. Hours later, William Nordhaus became a co-recipient of the Nobel Prize for economics. His work was some of the first to describe how our climate and economy […]

A light rail transit car in Calgary on a fall day

How carbon dividends affect incentives (hint: they don’t)

Climate and Energy

Last week, Clean Prosperity and EnviroEconomics published a new report recommending the federal government rebate carbon-pricing revenues directly to households. The key takeaway: Implementing a carbon price and issuing these ‘carbon dividends’ could make a majority of Canadian households better off. It’s a valuable finding. But you might ask: What’s the point if you’re just […]

Melting Ice due to climate change

Dealing with climate change is the ultimate long game

Climate and Energy

To decarbonize on a timescale necessary to avoid the worst of climate change, business as usual is not going to cut it. We need policies to give ourselves the necessary boost, policies that drive deep emissions reductions. And there’s an abundance of evidence that carbon pricing can do exactly that. Done right, it is most […]

Understanding the recent changes to the federal carbon price

Climate and Energy

Earlier this week, we learned that the federal government is making some changes to its carbon pricing system; specifically, the part that will apply to industrial sectors. While the design choice is an important one, its significance has been blown out of proportion. Let’s take a look at the change and what it means. A […]

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 […]

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