Without climate policy, “innovation” is just a buzzword

Technology and Innovation

Lately we’ve seen argument after argument after argument for using “technology” and “innovation” as fixes for climate change. But reducing greenhouse gas emissions requires specific types of innovation. Without broad incentives that signal the value of low- or zero-carbon technologies, we’ll get more of what led us to this point. Ironically, carbon pricing opponents are […]

a large series of off-ramps connecting a larger road network

What “demand is inelastic” actually means

Pollution

“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, […]

Hamilton industrial site

The facts about carbon pricing in Canada

Climate and Energy

In 2019, every jurisdiction in Canada will have a price on carbon. It is the culmination of four years of work to develop a more coordinated approach to climate policy across Canada. Provinces had the opportunity to design their own carbon pricing systems. The federally designed carbon pricing policy (aka, the “backstop”) will come into […]