Why carbon pricing and cash rebates to oil companies go hand in hand

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Governments across this country need to find ways to reduce GHG emissions without threatening Canadians’ economic prosperity. And carbon competitiveness issues are far too important to be swept under the carpet. But heads-up policy design can give us the best of both worlds: low-cost GHG reductions and domestic firms that are competing successfully in a tough global economy. That’s a winning combination.

Op-ed by Christopher Ragan, associate professor of economics at McGill University, research fellow at the C.D. Howe Institute, and chair of Canada’s Ecofiscal Commission.

Read more: The Hill Times

 

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