The release of our final report yesterday highlighted Canada’s options for bridging the gap to its 2030 targets. Bottom line? There are only a finite number of approaches. We have regulations, subsidies, and carbon pricing. But the details of how governments design and implement those policies matters just as much as the choice of approach. […] The post Can we improve the efficiency of carbon pricing and regulations? appeared first on Canada's Ecofiscal Commission.| Canada's Ecofiscal Commission
In the organization’s final report, Canada’s Ecofiscal Commission underlines carbon pricing is the lowest-cost option for meeting emissions targets. In the wake of the federal election, it is clear that Canadians want more action on reducing greenhouse gas emissions. Stronger policies will be essential to achieve our 2030 Paris Accord target for GHG reductions. With […] The post Why carbon pricing remains the smartest policy tool appeared first on Canada's Ecofiscal Commission.| Canada's Ecofiscal Commission
Last week, in response to the results of the federal election, New Brunswick Premier Blaine Higgs announced he would look at options for implementing a carbon price in his province. It’s a policy shift that embraces a core principle of the Pan-Canadian Framework: provinces creating their own, tailored approach to pricing carbon. A made-in-New-Brunswick approach […] The post New Brunswick embraces carbon pricing; it should choose wisely appeared first on Canada's Ecofiscal Commission.| Canada's Ecofiscal Commission
Yesterday, the government of Alberta unveiled the details of its planned Technology Innovation and Emissions Reduction Regulation (TIER for short). TIER will put a price on industrial GHG emissions in the province, replacing the previous government’s Carbon Competitiveness Incentive Regulation (CCIR). How does the policy design stack up? In this blog, I review some of […] The post Introducing TIER – Alberta’s new approach to pricing industrial GHG emissions appeared first on Canada'...| Canada's Ecofiscal Commission