National Round Table on the Environment and the Economy (2009 Report)
Establishing a price on carbon is one of the most powerful mechanisms available to reduce greenhouse gas emissions that cause climate change. Carbon pricing motivates businesses and individuals to reduce carbon emissions by providing incentives to invest in renewable energy and low-emission technologies and by making it more expensive to use damaging alternatives.
Achieving 2050, recommends a unified carbon pricing policy for Canada—a policy aimed at meeting one clear objective: achieving the greatest amount of carbon emission reductions, at the least economic cost. The report sets out a comprehensive road map for establishing a national cap-and-trade system in a phased manner, with adequate transition for industry and consumers. It lists guiding principles for a Canadian carbon pricing policy. The NRT’s carbon pricing roadmap is reasonable and realistic to meet Canada’s emission reduction targets.
Original Title
Achieving 2050: A Carbon Pricing Policy for Canada (Advisory Report)
National Round Table on the Environment and the Economy (2009 Report)
Establishing a price on carbon is one of the most powerful mechanisms available to reduce greenhouse gas emissions th…