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Intensity-based climate change policies in Canada.
- Source :
-
Canadian public policy. Analyse de politiques [Can Public Policy] 2010; Vol. 36 (4), pp. 409-28. - Publication Year :
- 2010
-
Abstract
- To reduce greenhouse gas emissions from large industries the Canadian government proposed using a tradable emissions performance standard approach, where the intensity of emissions, rather than the absolute level, is regulated. Unlike a cap and trade system, an emissions performance standard does not guarantee a certain overall level of emission reductions, a fact that has led to significant criticism. However, because of the dynamics of performance standards, they may reduce concerns over reductions in international competitiveness in cases where a country has climate policies that are more aggressive than those of some of its trade partners. Likewise, a performance standard may mesh more efficiently with existing taxes and therefore cause less overall economic impact than an absolute cap and trade system. This paper considers the theoretical arguments for and against such a performance standard system and evaluates it in comparison to a cap and trade system using a dynamic general equilibrium model applied to Canada.
- Subjects :
- Air Pollutants economics
Air Pollutants history
Canada ethnology
Government history
History, 20th Century
History, 21st Century
Climate Change economics
Climate Change history
Greenhouse Effect economics
Greenhouse Effect history
Greenhouse Effect legislation & jurisprudence
Public Health economics
Public Health education
Public Health history
Public Health legislation & jurisprudence
Public Policy economics
Public Policy history
Public Policy legislation & jurisprudence
Vehicle Emissions legislation & jurisprudence
Subjects
Details
- Language :
- English; French
- ISSN :
- 0317-0861
- Volume :
- 36
- Issue :
- 4
- Database :
- MEDLINE
- Journal :
- Canadian public policy. Analyse de politiques
- Publication Type :
- Academic Journal
- Accession number :
- 21542209
- Full Text :
- https://doi.org/10.3138/cpp.36.4.409