This marks our final annual report, as the Commission comes to the end of our five-year mandate. In 2019, our work focussed once again on carbon pricing — a topic we first addressed in 2014 and have returned to regularly. Since our launch, the political landscape around carbon has changed significantly — and so has […] The post Annual Report 2019: Letter from the Chair appeared first on Canada's Ecofiscal Commission.| Canada's Ecofiscal Commission
This week, Canada’s Ecofiscal Commission released its final report. While we have a few loose ends to tie up in 2020, the report signals the end of our research mandate. Over the last five years, we’ve contributed to policy conversations across Canada about water, waste, traffic, risk, and climate change. I’d like to think that […] The post A final note on Canada’s Ecofiscal Commission appeared first on Canada's Ecofiscal Commission.| Canada's Ecofiscal Commission
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
Imagine your daily commute with no traffic. Cars, buses, and trucks still fill the roads, but everyone is moving at speed. Instead of taking half-an-hour to get to school, the office, or worksite, you get there in a cool 10 minutes. Your coffee or tea is still piping hot when you arrive. This future is […] The post Think big, start small: Eliminating traffic in Canada’s biggest cities by putting a price on it appeared first on Canada's Ecofiscal Commission.| Canada's Ecofiscal Commission
Yesterday, the Conference Board of Canada released an analysis of the impacts of carbon pricing on Canadian industry called Tipping the Scales: Assessing carbon competitiveness and leakage potential for Canada’s EITEIs. The report explains and unpacks some key nuances around competitiveness and leakage. But shortcomings in its framing and methodology ultimately detract from its accuracy […] The post Problematic new study overestimates effects of carbon pricing in Canada appeared first on ...| 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
At its core, optimizing EPR is about leveraging the power of markets.| Canada's Ecofiscal Commission
There is plenty of discussion about carbon pricing in Canada today. Healthy public debate is good, but it should be based on sound evidence and facts. Let’s examine some of the claims made by critics of carbon pricing and compare them with what the evidence shows.| Canada's Ecofiscal Commission