When it comes to carbon pricing, time is money – Pembina

April 8, 2015

Are Canada’s provinces and territories up for the challenge of meeting their climate change objectives while increasing innovation and growing their collective GDP by four per cent?

Yes, you read that correctly — a safer climate, more innovation and a stronger economy.

That, in essence, is the challenge laid down by the Ecofiscal Commission in their carbon pricing report released yesterday. The Commission looked at what it would take for each of the provinces and territories to achieve their own climate change commitments, and how doing so would affect provincial economic growth. Their analysis compares one scenario, in which the targets were met with regulations, with three scenarios in which carbon pricing was the main driver of change. Let’s take a look at how those three scenarios play out.

Read More:  http://www.pembina.org/blog/when-it-comes-to-carbon-pricing-time-is-money