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1. Our eighth-best carbon policies

   Economists talk about “first-best” policies, by which—we’re a little illiterate—we actually mean “best” policies. With less offence to the language, we go on to “second-best” policies, “third-best” policies and so on, for as many numbers ...

2. One good thing about the carbon tax

   Introducing a new tax is an unconventional way to kick off an election campaign. Perhaps understanding that, the federal government declines to call its new carbon tax a tax. It calls it a fuel charge instead. Or more precisely, a “ fuel ...

3. Will the CAI solve our climate-policy problem and end eco-micro-management?

   The CAI. Not the CIA, which may or may not be working on our climate-policy problem, who knows? It works on lots of things so it may be working on that, too. Rather, the CAI is the Trudeau government’s new “Climate Action Incentive,” ...

4. Nordhaus, the Nobel, Harper, economics and populism

   Trade is good for both countries, but not everyone in both countries benefits from trade. ...

5. William Watson: Among the ecofiscalists

   My friend and McGill colleague Chris Ragan is also the founder and current chair of Canada’s Ecofiscal Commission, a foundation-supported group of prominent Canadian economists and others who have given themselves the mission of selling ...