HGP250 Lecture Notes - Lecture 5: Canidae, Carbon Price, Mother Teresa
Document Summary
People buying more bikes. car pooling, public transit. Small fuel e cient car sales going up again after price high. Canid also has cheap fuel compared to other countries. You will pay a certain amount for it. If you will probably by more. If very low may go from far away too. If probably not the same kinds of decisions. Gasoline somewhat inelastic in the short term. There is a lot of support for a carbon price amonsgth business people amongst conservative ideologies. But in alberta it was taken up as a reason to ght against the former provincial government. Peple ar enot listeing to the stream of conservatuve leaders, listening to this political leaders instead. Climate change costly impacts in canadian economy. But intone today would mean more expensive policy action later on. Carbon pricing: goes people exibility for people to make choices to reduce carbon usage. Change the way we do things reduce emission.