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February 25, 2008 12:45 PM

How to impress your Friends #438: Carbon Pricing

There's lots of ways to impress people, but few will raise your esteem among peers than an intricate knowledge of an economic instrument known as carbon pricing.

OK, maybe not.

But economists who spend time thinking about this stuff figure it's the most effective way to reduce carbon dioxide—a greenhouse gas.

It's not just theory though. Sweden, German, the U.K. and Norway – some of the strongest economies in the world – have had a price on carbon pollution for years. And it works.

More recently the provinces of British Columbia and Quebec have added their own.

Many are now calling for a single national carbon pricing system—it’s simpler, eh?

That’s exactly what the David Suzuki Foundation recommended today in Pricing Carbon--Saving Green.

Check out the cartoons that Dirk Van Stralen made about that most hilarious of topics--carbon pricing!

While you're at it, you can read a summary of the report.

Posted by Panos Grames at February 25, 2008 12:45 PM
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Jan Noppe
During WW2 there was gas rationing c/w ration cards & coupons. This was fair as it did not raise the price.

It also led to car-pools and

'mini'cars.

It had the effect of being more 'Green' than taxation !

lora bruncke
Way to go, Jan!

Taxation is regressive!

There are much better ways to share the burden.