Canada’s Federal Liberal Party takes a Flexible Position on Carbon Pricing

Federal leader Justin Trudeau chose Calgary’s Petroleum Club on February 6 as the venue to announce that, if elected in October 2015, a Liberal government would set national targets for reducing carbon emissions but allow provinces to design and manage the policies to meet them. The Liberal party website provides text of the speech as well as a video. The Pembina Institute reacted to the announcement, as did Clean Energy Canada, which also provides a comparison chart of the positions of three of the four federal parties. There is no shortage of recent policy reports on the issue of carbon pricing, for example: Carbon Pricing and Mind the Hissing from Sustainable Prosperity (case studies of revenue allocation in the carbon pricing systems of B.C., Alberta, and Quebec); How to Adopt a Winning Carbon Price: Top 10 Takeaways from the Architects of British Columbia’s Carbon Tax from Clean Energy Canada; Will Nova Scotia Implement a Carbon Tax? by Brendan Haley at the Progressive Economics Forum. Even the World Bank’s Partnership for Market Readiness has a policy “wish list” in its business-oriented new report, Preparing for Carbon Pricing: Case Studies from Company Experience: Royal Dutch Shell, Rio Tinto, and Pacific Gas and Electric Company.

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