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Carbon tax versus cap-and-trade: what’s the difference? (Hint: it’s smaller than you think)
Climate and Energy Cap-and-trade Carbon Pricing Carbon tax Wonk WednesdayBy 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 […]