News & Updates
Regulations, Carbon Pricing. The Keys to Reducing Emissions?
Joseph Pallant from Brinkman Climate joined Mark Jaccard, a leading Canadian energy economist, in a recent interview with DeSmog Canada discussing the importance of carbon regulations and carbon pricing in the fight to reduce greenhouse gases (GHGs).
The article depicts compelling arguments as to how carbon regulations have been successful in the past in achieving GHG reductions.
Joseph argued that both carbon pricing as well as regulations should be at play when discussing ways to reduce GHGs.
“The question is not regulation or carbon pricing - we must clearly do both. Governments should regulate greenhouse gas emitting activities where doing so is efficient, but regulation alone can be a bit of a blunt instrument. We find it much more effective to spur innovation and implement new, clean technologies across the whole economy by putting a price on carbon,” Pallant told DeSmog Canada.