The Canada West Foundation just released a nice comprehensive inventory of Canadian provincial and Federal policies on climate mitigation. The document can be found here: Building on Our Strengths: An Inventory of Current Federal, Provincial, and Territorial Climate Change Policies. It is a nice tight survey that provides both the announced targets [...]
Now that I am back from enjoying an over allocation of wealth that is the Holiday Season, my mind turns back to all things climate policy. I have long thought that a majour gap in the current climate policy debate in Canada is allocations — how the large final emitters will be granted emission [...]
On instrument choice, there has been a long-standing view of alternatives as substitutes. You either tax, trade or regulate a standard, or stage instruments in time say by taxing first to get movement in advance of a technology standard. This view is not surprising given much of the early environmental economics literature focused on [...]