Economists, ‘not surprised’ by carbon-pricing changes, explain what they mean

The Hill Times explains what the recent changes to carbon pricing mean, following the social media firestorm that erupted on the heels of the tweaks.

A diesel plant emitting greenhouse gases in the North. The federal government wants to price carbon, setting up a political showdown that recently boiled over minor tweaks to the plan. Photograph courtesy of Wikimedia Commons

News

BY JOLSON LIM

August 3, 2018

Economists say the Liberal government’s changes to its proposed carbon-pricing subsidy rates for industrial emitters offered them no surprises, despite growls from politicians and some journalists that the update was a “retreat” from carbon pricing.

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