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Quebec firms will have much lower carbon pricing costs than those in other provinces until well into the 2030’s

The unfairnesses in carbon pricing

According to its advocates, carbon pricing measures have many advantages. They are simple, equitably applied, economically efficient and ultimately fairer than intrusive regulation and subsidy measures. Somewhere between the theory and the design of Canada’s climate policy, however, the theory got lost. Quebec’s “cap-and-trade” system is a prime example.

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