A recent series of news articles featuring our Conservation Council Director of Climate Change and Energy Solutions, Louise Comeau, speculate that cap-and-trade systems, where large industrial polluters’ greenhouse gas emissions are capped, may be the pricing mechanism chosen rather than a carbon tax when it comes to putting a price on carbon pollution.
CBC asked Comeau to comment in response to NS Premier McNeil who was quoted as saying Nova Scotia has “entered into talking to the other provinces” to explore the possibility of signing on to their cap-and-trade system set to roll out in 2018.
“We’re giving them access to what our negotiations were and what our negotiations continue to be,” Premier NS McNiel told news media on March 9, 2017. “If it works, we’ll do an Atlantic model. If it doesn’t, we’ll continue on our own model.”
Ontario, Quebec, Alberta, and many US states have developed cap-and-trade systems.
“I think the Nova Scotia deal opened people’s minds to the option of cap and trade in a way they hadn’t been thinking of,” Comeau told CBC.
“The idea of what they’re going to do has shifted a lot, always. For a while, it was all about carbon tax because it was easier to administer. Lately, I’ve been seeing much more interest in cap and trade.”
Read the full article here.
Listen to Dr. Louise Comeau full interview with Jona Brewer on Information Morning Moncton, 106.1 FM (March 9, 2017)
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For more information, check out the resources below:
- Dr. Louise Comeau was also mentioned in CBC’s March 9th article exploring NS Premiers suggestion of a regional Cap and Trade System: Welcome to join: Atlantic cap-and-trade system explored
- Download Dr. Louise Comau’s complete report on carbon narratives in New Brunswick: Carbon Talk: getting the frame right on carbon pricing
- Watch Dr. Louise Comeau’s webinar on carbon narratives in New Brunswick (Jan 27, 2017).
