POL250Y5 Lecture Notes - Lecture 18: Grunerite, Premiership Of Stephen Harper, Canada Revenue Agency
Document Summary
* provincial climate policy: climate policy options: * voluntary: not obliged to take part in it. One-tonne challenge: back in 2003-2006 under the liberal governments of kreptin and martin encouraged people to take voluntary action to reduce emission such as car pooling and vacations that are more local. Government sets a price (per tonne of co2 equivalent) Government determines the scope where they charge you. If coal fired electricity has a high carbon tax, then people will switch to natural gas or renewable energy sources. Government sets level of emissions (carbon credits are given to different regulated entities and then can trade those permits amongst themselves, those who are efficient and less pollutant can sell those to other businesses. Government lowers these emissions and these permits become scarce increase the price) * news is saying that the best way to address climate change is through carbon pricing: federal climate policy:
