"Today’s announcement is an important step for stimulating Canadian low-carbon economic growth, and for climate action," said Clean Prosperity Executive Director Michael Bernstein.
Clean Prosperity welcomes one of two changes to Canada's carbon pricing policy announced yesterday by the federal government, and has concerns about the other.
New economic modelling shows how to close incentive gaps with the US.
Done poorly, contracts for difference could exacerbate tensions between federal and provincial / territorial governments around carbon pricing.
The government should conditionally purchase carbon credits in order to address the root imbalance between supply and demand.
Carbon contracts for difference can make carbon pricing work better.
Gaps remain in incentives for technologies from carbon capture to hydrogen, with electricity a notable exception
A review of Canada’s anticipated emissions trajectory toward net-zero emissions based on modelling current climate policy.
Contracts for difference are a market-based approach to decarbonization that should resonate with conservatives
Net zero commitment signals province is open for low-carbon business
Hidden in last Tuesday’s federal budget was a policy decision that could generate billions of dollars in new investment and thousands of jobs.
The announcement today that a majority of Canadian provinces have proposed industrial carbon pricing systems that meet federal standards could be good news for Canadian industry, the Canadian economy, and our climate targets.
The American Inflation Reduction Act has opened big gaps between the incentives for low-carbon investment in Canada and the U.S., threatening our ability to compete in a world that is on a turbo-charged path to net-zero emissions.
