Ottawa Think-Tank Calls B.C.'s Carbon Tax Canada's "Most Effective"

picture-431-1407968445.jpg
on

British Columbia has the best carbon pricing scheme in Canada. Thatโ€™s the conclusion of a national survey and analysis of climate policies compiled by Sustainable Prosperity, a progressive think tank based at the Univeristy of Ottawa.

According to a Globe and Mail report, the authors of the study invested a year speaking with top economic, business and environment leaders across the country before identifying eight key principles of a carbon pricing planโ€”think tranparency, reach, simplicity, and so on. The group then applied those principals to score Canadaโ€™s existing carbon laws and proposals. B.C.โ€™s carbon tax, introduced a year ago, scored an 87. It fell short in the areas of national reach and long-termย impact.

The group also informally examined the limited cap-and-trade policy that B.C.โ€™s New Democratic Party is presently campaigning on. Sustainable Prosperityโ€™s carbon-pricing director told the Globe that her groupโ€™s โ€œscore card would rate [it] as the weakest policy in Canada.โ€ With few details of that plan yet available, the group was only able to conduct a back-of-the-envelope analysis. It was enough, though, to suggest that New Democratโ€™s plan would introduce โ€œhuge instability and doubtโ€ to theย market.

picture-431-1407968445.jpg
I work with Clean Energy Canada at Tides Canada to help accelerate Canadaโ€™s transition to an energy-efficient, ecologically responsible, and prosperous low-carbonย economy.

Related Posts

on

The Environmental Protection Agency threw out Coloradoโ€™s entire haze reduction plan, in what critics called โ€˜illegalโ€™ and a possible warning to other states not to close fossil fuel plants.

The Environmental Protection Agency threw out Coloradoโ€™s entire haze reduction plan, in what critics called โ€˜illegalโ€™ and a possible warning to other states not to close fossil fuel plants.
on

The Canada Pension Plan Investment Board has invested billions in fossil fuel expansion in the United States since Trumpโ€™s return to office.

The Canada Pension Plan Investment Board has invested billions in fossil fuel expansion in the United States since Trumpโ€™s return to office.
on

The European far-right rubbed shoulders with pro-Trump groups in Brussels.

The European far-right rubbed shoulders with pro-Trump groups in Brussels.
Series: MAGA
on

Science journalist Adam Becker speaks with DeSmog about how Silicon Valley tech billionaires have invented new forms of greenwashing and climate denial in their quest for ever-more fantastic technology.

Science journalist Adam Becker speaks with DeSmog about how Silicon Valley tech billionaires have invented new forms of greenwashing and climate denial in their quest for ever-more fantastic technology.