In 2007-08, British Columbia implemented two significant climate policies: the first broadly based carbon tax and the first almost 100-percent "clean" electricity standard in North America. We describe the key design characteristics of these policies and analyse them against the criteria of...

To reduce greenhouse gas emissions from large industries the Canadian government proposed using a tradable emissions performance standard approach, where the intensity of emissions, rather than the absolute level, is regulated. Unlike a cap and trade system, an emissions performance standard...