A carbon price creates financial incentives for businesses and households to adjust their current consumption and investment patterns, and also to adopt and develop cleaner technologies in the future. But the price is only half the story as carbon pricing policies can generate substantial revenue. How this revenue is recycled back to the economy has important implications for both economic and environmental performance. This report by Canada’s Ecofiscal Commission develops a framework for governments examining how to recycle revenues from carbon pricing mechanisms.
Impacts of a global carbon price on consumption and value creation – Implications for carbon pricing design (Generation Foundation and Ecofys)
March 31, 2017
September 11, 2017
November 30, 2017