Taxes and pricing allow for ongoing assessments and refinement of control over time.
climate change policy
The Trudeau government wants to achieve "net-zero" carbon emissions by 2050.
A credible climate plan must include a rational appraisal of the costs of policy options.
If governments rely on flawed models, they may overlook policies that could actually mitigate the consequences of our changing climate.
In Canada, gasoline prices have increased by 33 per cent.
Hard emission caps degrade the value of carbon taxes and regulations.