Canadian governments have many renewable energy programs in place to reduce greenhouse gas emissions. But which ones are the most cost-effective use of taxpayers' money? The authors conduct an audit to find out.

Canadian policymakers have the policy tools needed to ameliorate the regional economic harm that taxing GHG emissions can cause. A price on GHG emissions will affect Canadian provinces differently, possibly undermining support for a policy that incurs regional transfers of income. The authors...