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Despite President Obama's current interest in climate policy, market-based climate policy on the US federal level still appears to be deadlocked. The same is true for Canada, which has aligned its climate policy to the US. However, regional activities are more promising as British Columbia and...
Persistent link: https://www.econbiz.de/10010190131
The pan-Canadian approach to carbon pricing, announced in October 2016, ensures that carbon pricing applies throughout Canada in 2018, with increasing stringency over time to reduce emissions. Canadian provinces and territories have the flexibility to either implement an explicit price-based...
Persistent link: https://www.econbiz.de/10012918054
The pan-Canadian approach to carbon pricing, announced in October 2016, ensures that carbon pricing applies throughout Canada in 2018, with increasing stringency over time to reduce emissions. Canadian provinces and territories have the flexibility to either implement an explicit price-based...
Persistent link: https://www.econbiz.de/10012922634
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Canada has an ambitious plan to reduce the economy’s net emissions to zero by 2050. This will require a step change in mitigation action, with deep energy savings and near economy-wide replacement of fossil fuels with clean energy. Achieving this while minimising negative impacts on activity...
Persistent link: https://www.econbiz.de/10014323868
While the potential economic efficiency, equity, and political acceptability benefits of a revenue-neutral carbon tax have been well studied, a deeper question remains about the feasibility of revenue neutrality in practice. This article provides perspective on this issue by assessing different...
Persistent link: https://www.econbiz.de/10014241169
We estimate the effect of tax rebates offered by Canadian Provinces on the sales of Hybrid Electric Vehicles. We find that these rebates had a large and positive effect on the market share of hybrid vehicles and that Intermediate cars, Intermediate SUVs and some high performance compact cars...
Persistent link: https://www.econbiz.de/10014210278
Despite the potential economic efficiency and political economy benefits of revenue-neutrality, a deeper question remains about the feasibility of revenue-neutrality in practice. Revenue-neutrality is relatively simple to implement in an economic model, as counterfactuals are clearly defined....
Persistent link: https://www.econbiz.de/10013229917