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 […]

Canadian parliament

Why 1.6% matters

Climate and Energy

Canadians have strong moral and economic arguments for reducing our greenhouse gas emissions. But how could Canada’s seemingly minor share of global emissions (about 1.6%) possibly be of consequence? What do our actions matter? Quite a bit, actually, and we can slice the data in different ways to show why. The big picture Humanity collectively […]

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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