Canada's industrial carbon pricing falls short of true climate costs, analysis finds
By
Paul Kershaw
Front-window bakery material. Catches the eye, delivers the goods.
Summary
Canada's climate policy is caught between political pressures and environmental needs. The federal government's recent agreement with Alberta slows the pace of industrial carbon price increases, weakening climate ambition according to critics. The article argues that pricing carbon below the actual damage it causes merely postpones costs rather than avoiding them, and that Alberta's emissions (roughly a quarter of Canada's total) remain inadequately priced.
Key quotes
· 3 pulledCanada's climate policy increasingly resembles a tug-of-war between political convenience and planetary reality.
Critics argue the deal weakens Canada's climate ambition substantially.
When we allow pollution at prices far below the damage it causes, we are not avoiding the costs, we are just postponing them.
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