EPISODE · Oct 18, 2024 · 24 MIN
Weighing the impact of carbon taxes
from Taking Stock with Amanda Lang · host BNN Bloomberg
A price on carbon is widely accepted by economists as an efficient way to measure the harm done by carbon and to encourage behavioural change, but is it the best route given that it comes with a real cost to consumers and the economy? Amanda Lang checks in with Chris Ragan, the founding director of the Max Bell School of Public Policy at McGill University for his thoughts. Rick Smith, president of the Canadian Climate Institute and Ken Green, Senior Fellow at the Fraser Institute, lay out the arguments in favour and against Canada’s carbon tax system. Nik Nanos, chief data scientist of Nanos Research, tells Amanda Lang what Canadians tell pollsters they think about the political issue that is the carbon tax. And in her Takeaway, Amanda Lang says the ongoing debate should not distract us from the need to tackle a complicated issue head on.
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Weighing the impact of carbon taxes
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