Canada has experienced the economic costs of the climate emergency in fires, drought, permafrost melting, hurricanes, and coastal erosion. Canadian politicians need to depend on expert advice when developing strategies to reduce emissions of GHG without harming families or reducing job creation for a growing population.
Bev Dahlby, Don Drummond, Brendan Frank, France St-Hilaire, and Chris Ragan of Canada’s Ecofiscal Commission have prepared an essay, which provides a map to key facts and evidence for carbon pricing.
In it, we have walked through the details of the federal backstop, including how it will work without harming families, negatively affecting job creation, or exempting big polluters. We have shown why carbon pricing will work to help Canadians reduce their emissions and why it is not a cash grab. We have explored why carbon pricing is fair and why it is better for our economy than other policies. And we have shown why Canada needs to be part of the global efforts to slow climate change. (Dahlby et al., n.d.)
The analysis by professional economists of carbon pricing in Canada concludes the federal backstop plan is likely to achieve significant emission reduction and provide support for economically challenged families.
References
Dahlby, B., Drummond, D., Frank, B., St-Hilaire, F., & Ragan, C. (n.d.). 10 Myths about Carbon Pricing in Canada | Ecofiscal. Ecofiscal Commission. Retrieved November 23, 2022, from https://ecofiscal.ca/10-myths-about-carbon-pricing-in-canada/
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