OTTAWA — Canada's greenhouse-gas emissions will be 12 per cent lower in 2030 with carbon pricing in place than they would be if it was scrapped, new federal data published Thursday suggest.
The problem is that carbon pricing high enough to induce a rapid shift is also going to be really painful, and difficult to sustain politically. So while it can be part of the picture, it’ll also take significant other efforts in addition to a price on carbon to get off fossil fuels fast enough.
Is it me or 12% is kinda low for such a big system to manage?
Don’t get me wrong, we need to tackle this problem from every direction, but I was expecting more, especially by 2030.
The problem is that carbon pricing high enough to induce a rapid shift is also going to be really painful, and difficult to sustain politically. So while it can be part of the picture, it’ll also take significant other efforts in addition to a price on carbon to get off fossil fuels fast enough.