So, about that “trillion trees” study…

Climate and Energy

Last week, the journal Science published a new study on forest restoration and the role it could play in reducing atmospheric greenhouse gases. The findings generated a lot of eye-grabbing headlines, many of which were incomplete, hyperbolic, or downright misleading. It’s a complicated study with important findings and caveats. This blog will dig into a […]

Carbon pricing works—even if emissions are still rising

Climate and Energy

An old, debunked argument against carbon taxes has flared up recently: If total emissions aren’t falling, the tax must not be working. Let’s quash that myth. We at the Ecofiscal Commission and others have written extensively and consistently on this subject (see here, here, here). Without new policies, emissions have been trending up. But bending […]

Artificially cheap: Why landfills should charge the full cost of waste disposal

Livable Cities

The last blog in our solid waste series explored how charging households directly for their garbage can make municipal collection systems more efficient. But household waste represents only one-third of Canada’s total solid waste. Two-thirds is industrial and commercial waste, most of which is taken directly to local landfills. This blog looks at the importance […]

Pricing risk to the environment works best when it’s fair

Pollution

Our latest report Responsible Risk explains how putting a price on risk to the environment can make disasters less likely. The report shows how we can use economic tools to strengthen companies’ incentives to manage environmental risks posed by their operations. In this blog, I’ll discuss why when it comes to risk pricing, one size […]

Can Ontario hit its targets without carbon pricing?

Climate and Energy Pollution

Ontario’s new government plans to dismantle the provincial cap-and-trade system and resist the federal backstop, essentially opposing carbon pricing in all forms. Though he hasn’t provided details, the premier-designate says he will “come down heavy on polluters.” Let’s take his statement seriously. What would a real plan to decarbonize Ontario look like—without a price on […]