October 8, 2016

Impacts of putting a price on carbon

Nicholas Institute for Environmental Policy Solutions

New York Times editorial on Canada's new carbon pricing plan links to recent research by Brian Murray (of the Duke University Energy Initiative and Nicholas Institute for Environmental Policy Solutions) and Nicholas Rivers (University of Ottawa) on the impact of British Columbia's carbon tax. British Columbia's approach—implemented in 2008—was the first comprehensive, substantial carbon tax in North America. Murray and Rivers reviewed existing evidence on the effect of British Columbia's tax on greenhouse emissions, the economy, and income distribution and provided new evidence on public perceptions of the tax.