Canada's Carbon Price Floor /

Canada's Carbon Price Floor /

The pan-Canadian approach to carbon pricing, announced in October 2016, ensures that carbon pricing applies throughout Canada in 2018, with increasing stringency over time to reduce emissions. Canadian provinces and territories have the flexibility to either implement an explicit price-based system-...

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Xehetasun bibliografikoak
Egile nagusia: Parry, Ian
Beste egile batzuk: Mylonas, Victor
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2018.
Saila:IMF Working Papers; Working Paper ; No. 2018/042
Sarrera elektronikoa:Full text available on IMF
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245 1 0 |a Canada's Carbon Price Floor /  |c Ian Parry, Victor Mylonas. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2018. 
300 |a 1 online resource (27 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The pan-Canadian approach to carbon pricing, announced in October 2016, ensures that carbon pricing applies throughout Canada in 2018, with increasing stringency over time to reduce emissions. Canadian provinces and territories have the flexibility to either implement an explicit price-based system-with a minimum price of CAN USD 10 per tonne of carbon dioxide equivalent in 2018, increasing to CAN USD 50 per tonne by 2022-or an equivalently scaled emissions trading system. This paper discusses the rationale for, and design of, the price floor requirement; its (provincial-level) environmental, fiscal, and economic welfare impacts; monitoring issues; and (national-level) incidence. The general conclusion is that the welfare costs and implementation issues are manageable, and pricing provides significant new revenues. A challenge is that the floor price by itself appears well short of what will be needed by 2030 for Canada's Paris Agreement pledge. 
538 |a Mode of access: Internet 
700 1 |a Mylonas, Victor. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2018/042 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2018/042/001.2018.issue-042-en.xml  |z IMF e-Library 

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