Carbon pricing: carbon tax versus cap-and-trade. What is the difference

Carbon tax versus cap-and-trade: what’s the difference? (Hint: it’s smaller than you think)

Climate and Energy

By Paul Lanoie When we talk about pricing carbon, there are two main possibilities. One option is creating a carbon tax, as B.C., Denmark and Sweden have done. The other option is to create a cap-and-trade system. This is the route Quebec has taken, along with California, Korea and parts of Europe. (It’s also possible […]

Does carbon pricing hit lower-income families harder?

Give it to me straight: does a carbon tax hit lower-income families harder?

Climate and Energy

by Mel Cappe It’s a good question: if we tax carbon, will lower-income Canadians end up paying proportionately more than their wealthier neighbours? Let’s start by looking at the objective of a carbon tax. What we’re trying to do is make sure people consider the real cost of using fossil fuels, including the environmental cost […]

Harnessing Market Mechanisms for Environmental Conservation in the Oil Industry

Climate and Energy Technology and Innovation

By Preston Manning The following are excerpts from remarks made by Preston Manning to the Newfoundland and Labrador Environmental Industry Association (NEIA) on April 27th, 2015 in St. John’s. http://ecofiscal.ca/carbon-pricing/ Recently I was asked to be one of a number of advisors to what is called the Ecofiscal Commission – a group of twelve independent […]

Provincial carbon pricing in Canada - Alberta Specified Gas Emitters Regulation (SGER) and B.C. carbon tax.

Carbon pricing in Canada: What works, what doesn’t and what we can learn from it

Climate and Energy

To judge the success of different carbon pricing strategies, Canadians don’t need to look far. In 2007, Alberta implemented its Specified Gas Emitters Regulation (SGER), a flexible performance standard, which has elements of both a carbon tax and a cap-and-trade system. B.C. has had a carbon tax since 2008, and Quebec just recently launched a […]

When tackling climate change, don’t wait for carbon pricing policy perfection

When tackling climate change, don’t wait for policy perfection

Climate and Energy

The following was orginally published in Maclean’s on April 15, 2015. Soon three-quarters of Canadians will live in provinces that put a price on carbon. It’s time to move forward with smart carbon pricing policy in the rest The scientific consensus is clear: we have to substantially reduce our carbon emissions by the latter half […]