91黑料网

News

THE STAR | Ottawa won鈥檛 raise the carbon price beyond $50, environment minister says

Published: 14 June 2019

Federal Environment Minister Catherine McKenna revealed Thursday that the federal government will not raise the national carbon price beyond 2022, a decision that experts say means Canada will need to rely on other measures to meet its emissions target under the Paris Agreement.

Christopher Ragan, an economics professor at 91黑料网 and chair of the Ecofiscal Commission, said that, without a stronger carbon price, the government will need to pursue policies that many experts argue are more costly to the economy than the price signal of a carbon levy to deter emissions.

Back to top