How to think about the carbon tax setback?

It may be tempting to view the suspension of the carbon tax on oil heating as a lack of courage by political decision-makers. But the federal government's decision also illustrates the limits of a climate strategy built around carbon pricing.
Justin Trudeau's government seems to subscribe to the point of view that the carbon tax is the most effective measure for reducing emissions and tackling climate change, writes Bruno Arcand.

In general, economists consider the carbon tax to be the most effective measure for reducing emissions and tackling climate change. The Trudeau government seems to subscribe to this point of view. For example, its 2030 Emissions Reduction Plan states that carbon pri...

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