Eight years ago, Mark Jaccard, a sustainable energy economist at Simon Fraser University, co-authored a paper that warned of the “severe political consequences” that would be faced by a federal government that chose to rely exclusively or primarily on carbon taxes to fuel a climate action strategy.
To achieve federal emissions targets largely on its own, a national carbon tax would need to start at $30 per tonne of carbon dioxide emissions and increase to $200 per tonne by 2030, argued the 2016 paper titled, Is Win-Win Possible?
“It is highly unlikely that our political leaders will implement such a price, given the severe political consequences,” the paper said.
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