Canadian News
Laser Talk: Complementary Policies to Carbon Pricing
Read moreEven when there appears to be a clear rationale for a complementary policy, however, it is only worth proceeding if the policy is well designed and cost-effective. For example, the Ecofiscal analysis found electric vehicle (EV) subsidies in Quebec were costly and had little effect on demand, whereas regulated quotas for EV sales were much less costly and more effective.
LASER TALK: The conservative gap
Read moreCould carbon fee and dividend help fill the conservative gap? Carbon fee and dividend is economically efficient which will appeal to the current voters and addresses climate change and thereby could fill the gap of those concerned about climate change, including younger voters.
LASER TALKS: Fossil Fuel Subsidies
Read moreThere is an urgent need to reconsider the fossil fuel industry’s economic value chain in light of climate change. Negative taxes are artificially incentivizing companies to sink costs into infrastructure with dubious prospects. The costs of orphaned wells, tailing ponds, climate disruptions, and other externalities will be borne by future taxpayers long after fossil fuels have ceased to generate wealth. Climate change is a game changer.
CCL Canada Education Call – January 2018 – Dr. David Robinson
Read moreWe learned an important term: compensating variation. Simply, you do something bad to people then you do something good to them to put them back in the same place they were before with different prices. More specifically to taxes, you change the price with a tax and then you give them something back so that they are not worse off. You compensate for the effect of the tax. In carbon fee and dividend, the dividend is the compensating variation.
UPDATE: Is PM Trudeau pondering carbon fee and dividend and other recent developments?
Read moreIn an interview with the Canadian Press PM Trudeau expressed his preference that there be carbon rebates directly to people in holdout provinces making the Canadian federal backstop carbon pricing program potentially the first carbon fee and dividend system enacted in the world!