Can we improve the efficiency of carbon pricing and regulations?

Climate and Energy

The release of our final report yesterday highlighted Canada’s options for bridging the gap to its 2030 targets. Bottom line? There are only a finite number of approaches. We have regulations, subsidies, and carbon pricing. But the details of how governments design and implement those policies matters just as much as the choice of approach. […]

Why carbon pricing remains the smartest policy tool

Climate and Energy

In the organization’s final report, Canada’s Ecofiscal Commission underlines carbon pricing is the lowest-cost option for meeting emissions targets. In the wake of the federal election, it is clear that Canadians want more action on reducing greenhouse gas emissions. Stronger policies will be essential to achieve our 2030 Paris Accord target for GHG reductions. With […]

New Brunswick embraces carbon pricing; it should choose wisely

Climate and Energy

Last week, in response to the results of the federal election, New Brunswick Premier Blaine Higgs announced he would look at options for implementing a carbon price in his province. It’s a policy shift that embraces a core principle of the Pan-Canadian Framework: provinces creating their own, tailored approach to pricing carbon. A made-in-New-Brunswick approach […]

Canada’s wisest policy: stealing policies from other countries

Climate and Energy

Canada has a rich tradition of thievery – and it’s a good thing we do. Much of our success comes from adopting sound policies that have already proven successful elsewhere. We implemented employment insurance in 1935, a full 15 years after it was introduced in Britain. We achieved universal health care in the early 1970s, […]

The worst kind of climate policy is an uncertain one

Climate and Energy

Smart policy can help Canada reach its GHG emission targets with minimal economic costs. But even if we use the most economically-efficient tools available, there’s a factor that can still increase costs: policy uncertainty. When the direction of future climate policy is unclear—or worse, when policy reversal is a significant risk—the costs of meeting Canada’s […]

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