Minimum national carbon price may be on way

The Liberal government is looking to set a minimum national carbon price to complement provincial carbon pricing plans, sources have told The Globe and Mail.

The Globe reports, “Officials at Finance are co-chairing the ‘carbon pricing’ working group, one of four federal-provincial-territorial groups established to fashion a national climate strategy.”

No specific decisions or plans have been made so far, The Globe adds, but Prime Minister Justin Trudeau recently mentioned the goal is to have a minimum price across the country. Read the full story.

Last week, Trudeau took part in a keynote Q&A at the The Economist’s Canada Summit, during which he stated Canada hasn’t been trying hard enough to meet emissions targets for the last decade. He noted B.C. has one of the most successful carbon taxes, but a solution national solution would require further analysis of what would work for other provinces.

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Staff

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