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ARTICLE · 18 MAY 2017

CAMPUT 2017: Decarbonizing Canada's Energy Future – Pricing Carbon

Panel moderator Joseph Doucet (Dean, School of Business, University of Alberta) highlighted the key issue in the move toward decarbonization – pricing has a role, but what is the right price?

CanadaEnvironment

On May 8, 2017, the 2017 CAMPUT panel "Decarbonizing Canada's Energy Future – Pricing Carbon" addressed the federal and provincial patchwork of carbon pricing in Canada and its impact on citizens' pocketbooks and the economy. Panel moderator Joseph Doucet (Dean, School of Business, University of Alberta) highlighted the key issue in the move toward decarbonization – pricing has a role, but what is the right price?

Panelist Jack Mintz (President's Fellow, School of Public Policy, University of Calgary) highlighted the need to consider both explicit carbon pricing (i.e. carbon taxes and cap and trade) as well as implicit pricing arising from subsidies, additional taxes and exemptions for certain sectors. With implicit pricing factored in, the non-uniform nature of Canadian various carbon pricing regimes emerges. Dr. Mintz argued that the effective cost of carbon should be clearly communicated to the public, noting that when governments hide the true price of a policy,

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