The Politics of Carbon Pricing

Like they did in 2008, in the 2011 general election campaign, Jack Layton and the New Democrats put an election platform before Canadians that included commitments to reduce greenhouse gas emissions by, among other things, doing the following:

We will put a price on carbon through a cap-and-trade system, which will establish hard emissions limits for Canada’s biggest polluters to ensure companies pay their environmental bills and to create an incentive for emissions reductions;

In its costing statement for its election campaign commitments, the NDP said the federal government would receive the following revenues as a result of its cap-and-trade system: Continue reading The Politics of Carbon Pricing