For carbon pricing to be efficient and economically benign, it must be emplaced in lieu of regulations.
Study assumes the new carbon tax will shift the tax burden from households to businesses without putting businesses at a competitive disadvantage.
The theoretical or “ideal” carbon-pricing system has never been implemented.
According to the PBO, provincial cooperation with the federal carbon floor may reduce the size of Canada's economy by 0.5 per cent in 2020.
B.C.’s climate change programs violate sound economic reasoning.
It seems that governments in Canada have no intention of getting carbon pricing right.
The introduction of a carbon price must replace, not be in addition to, existing regulations.
British Columbians still on track to experience $599 million net tax hike from 2013/14 to 2016/17.