Canadian Carbon Pricing

There is a growing consensus that, if serious action is to be taken to reduce greenhouse gas (GHG) emissions in Canada, a price must be applied to those emissions. | If Canada implements a carbon price on its own, there are worries that Canadian factories will relocate to other countries to avoid regulation. | There are, however, challenges associated with the political acceptability of carbon pricing. | Even if other countries act in concert with Canada to price carbon, the effects will be uneven across sectors and lobbying efforts by relatively more-affected sectors might threaten the political viability of the policy.