A cap-and-trade system can be effective in spurring the transition to a low-carbon economy, if the challenges associated with it, mainly price volatility, are managed.
A carbon pricing policy, in the form of a carbon tax or emissions trading system (ETS), is a critical tool for transitioning Canada to a low carbon economy.
A Sustainable Prosperity Perspective Commissioned by the Canadian Environmental Grantmakers’ Network (CEGN) written by Alex Wood (SP Senior Director, Policy and Markets)
A background report to the SP Policy Brief "Options for Managing Air Pollution in Canada".
Air quality continues to be a challenge in Canada, especially in urban and industrial areas.
A Survey of Economic Instruments for the Conservation & Protection of Biodiversity
Canada's future will be framed in large part by our response to two fundamental challenges: one economic and one environmental. At Sustainable Prosperity, we harness leading-edge thinking to build sounds market-based approaches for a greener, more competitive Canadian economy.
Putting a price on carbon, whether through a carbon tax or a cap-and-trade system, will enable Canada to make significant reductions in greenhouse gas emissions.
The distributional impacts of climate policy have been examined at the regional and economic (competitiveness of different sectors) levels. This background paper is focused on the impacts at the household level.
The implementation of any carbon pricing instrument will generate revenue for the government. This brief explores the options for the use of this new revenue stream, as well as the institutional needs and considerations for each option. Considerations include the scale and reliability of revenue, options for revenue allocation, institutional capacity for revenue management, and models for new institutions where needed.