Why carbon pricing and cash rebates to oil companies go hand in hand

We want firms to get cleaner, not smaller. So we should help those most exposed to competitiveness pressures caused by carbon pricing.

Environment Minister Catherine McKenna, pictured last year at a meeting with provincial and territorial premiers in Ottawa, was able to get most to agree to a federal plan to price carbon starting 2018.The Hill Times photograph by Sam Garcia

Opinion

BY CHRISTOPHER RAGAN

March 8, 2017

Canadian provinces are actively moving toward putting a broad-based price on greenhouse gas emissions. At the same time, some of them are providing cash rebates back to businesses in emissions-intensive sectors. This combination of policy actions is sometimes viewed as bizarre, one that undermines t...

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