Home Page Election 2019 News Opinion Foreign Policy Politics Policy Legislation Lobbying Hill Life & People Hill Climbers Heard On The Hill Calendar Archives Classifieds
Hill Times Events Inside Ottawa Directory Hill Times Store Hill Times Careers The Wire Report The Lobby Monitor Parliament Now
Subscribe Free Trial Reuse & Permissions Advertising FAQ
Log In
Opinion

A primer on output-based carbon pricing: there’s probably more consensus than you think

By Christopher Ragan      

Meeting Canada’s climate targets in a way that is best for our economic prosperity requires broad policy that creates consistent incentives across all emissions in the economy, from individual households and small businesses to heavy industry. Output-based pricing must be a key part of that mix if Canada is to strike the right balance between pricing emissions and protecting competitiveness.

Economists agree that carbon pricing is the most flexible and cheapest way to reduce greenhouse gas emissions. Other options are certainly available, but they are more complicated and more costly for the economy. The Hill Times file photograph

The federal government’s “backstop” carbon-pricing policy will apply in provinces and territories that haven’t implemented a sufficiently broad and stringent policy of their own. The backstop has two parts. The first is the levy on the carbon embedded in fossil fuels such as gasoline and diesel; this is pretty straightforward. The second is a separate pricing system for large industrial emitters; this is the complex part that needs some explanation. Despite the complexity, however, it is interesting to see that governments of all political stripes seem to be adopting similar ways of treating the economy’s large emitters.

Explore, analyze, understand
Spinning History: A Witness to Harper’s Canada and 21st Century choices
An unvarnished look at the Harper years and what lies ahead for Canadians

Get the book
2018 Guide to Lobbyist Gifting Rules
The 2018 Guide to Lobbyist Gifting Rules is the essential resource for your work on federal issues.

Get the book
Related Policy Briefings
Agriculture Policy Briefing
Short and informative analyses on policy challenges that bring background and recommendations to policymakers, journalists and the general public.

Read policy briefing
Environment
Short and informative analyses on policy challenges that bring background and recommendations to policymakers, journalists and the general public.

Read policy briefing
Energy
Short and informative analyses on policy challenges that bring background and recommendations to policymakers, journalists and the general public.

Read policy briefing

Politics This Morning

Get the latest news from The Hill Times

Politics This Morning


Your email has been added. An email has been sent to your address, please click the link inside of it to confirm your subscription.

No consensus on adoption of remote House voting, but parties agree legislative scrutiny necessary, says Samara report

News|By Beatrice Paez
As parties attempt to hash out a workable sitting plan, House administration has been working behind the scenes to test the voting app for potential glitches. 

PM should create permanent emergency preparedness cabinet committee, say experts, political players: be ‘prepared for the next natural disaster, terrorist act or health crisis is the objective’

News|By Mike Lapointe
A former national security adviser to the prime minister says 'if this country wants the national security agencies to worry about a pandemic, then they need to raise it on the list of priorities set by cabinet.'

‘These jobs are not coming back’: economists pour cold water on O’Toole‘s Canada First policy

‘Some people are going to win from a Canada-first policy. Most people are going to lose,’ says Queen’s professor Ian Keay.

Liberal tilt to the left could have electoral consequences for NDP, say pollsters

News|By Abbas Rana
The Liberals should be careful about the ‘recoil effect’ as some of their supporters could back away if they vacate the political centre, says pollster Nik Nanos.

Old and new priorities compete for space in Liberals’ fall agenda

Talk of pharmacare, childcare and clean energy is nothing new, but a re-surging pandemic could sideline everything else.

‘Ping-pong’ gun politics continue to divide voters, as O’Toole courts GTA seats

'I think it’s going to help some of the Conservative candidates in some of those swing ridings,' says Ontario Tory MP Alex Ruff of the Liberal ban on 'assault weapons.'

Recovery measures for ‘national safety net’ should be in place before any talk of election, says Singh

News|By Palak Mangat
Bloc Québécois Leader tested positive for the virus and is in isolation until Sept. 26, which means he will be missing the Throne Speech.

‘Disheartening’ report on child well-being places urgency on creation of commissioner, say experts

News|By Palak Mangat
'We know this generation will be paying the debt that's incurred in the pandemic for a long time, so Canada needs to look at things we’ve been calling for for a long time now,' says Lisa Wolff of UNICEF.

‘Like a criminal’: Canada-U.S. asylum agreement has a human cost, refugee says

The U.S. 'is not a safe country for refugees,’ says a woman who Canada turned away because she entered the U.S. first. Her case helped convince a Federal Court judge the SCTA should end, a ruling the feds are appealing.
Your group subscription includes premium access to Politics This Morning briefing.