Alberta on track to having Canada’s most aggressive carbon pricing system by 2020, eclipsing even B.C.
By Bruce Cheadle, The Canadian Press.
OTTAWA — Move over, British Columbia: Canada’s oilpatch next door in Alberta is on track to have Canada’s most aggressive carbon pricing system by 2020.
That’s the conclusion of a new study that compares the coverage of various carbon taxes and cap-and-trade schemes in four provinces that have all embraced market-based approaches to cutting emissions of greenhouse gases.
The report from Canada’s Ecofiscal Commission, an independent, non-partisan research body, comes as a federal-provincial working group is wrestling with ways to co-ordinate a new pan-Canadian price on carbon emissions.