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 […]

Climate Roulette: The human side of climate risk

Climate and Energy

No one can fully get their mind around climate change. Confronting even one dimension of the problem—socioeconomic, environmental, cultural, geopolitical—can be overwhelming. Fortunately, we don’t have to know everything about climate change to confront it effectively. We can examine it through the lens of risk. As part our series on climate risk, this blog looks […]

Climate Roulette: Risks too big to ignore

Climate and Energy

It’s a sobering time for anthropogenic climate change. Heatwaves, wildfires, droughts, and hurricanes continue to make headlines around the globe. At the same time, major reports are reminding us that the world is a long way from its climate commitments. We’re even further from limiting global temperature rise to the international target of 1.5ºC. Without […]

We can mitigate climate change and adapt to it at the same time

Climate and Energy

On Black Friday, the world was handed another inch-thick report detailing how climate change will pull us into the red. The Fourth National Climate Assessment, released by the Trump Administration, spelled out in stark terms how climate change will affect everything from America’s infrastructure to its national security, and how it will have to adapt. […]

An explainer on the federal carbon pricing backstop

Climate and Energy Pollution

Yesterday, the federal government announced the details of its carbon pricing “back-stop.” The plan lays out an approach to filling the gaps across Canada in provinces that aren’t implementing their own carbon pricing policies.  It also considers the net impacts on people in those provinces.  The upshot? The system is a simple, transparent approach to putting […]

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