ENV100H1 Lecture Notes - Ecotax, Use Tax, Environment And Climate Change Canada

• School: UTSG
• Department: School of Environment
• Course: ENV100H1
• Professor: Stephen Scharper

Document Summary

Chapter two: the role of a climate policy mix. in climate policy. Lecture outline: what is the solution give users incentive for increased efficiency; eg, reduce the payback period for capital. The solution is to ensure that carbon dioxide is no longer emitted to the atmosphere at no cost. Note: the reading also discussed carbon content of products, eg cement which releases carbon while being manufactured (p. 435). The lecture, however, is focussed upon carbon content of different fuels (coal, oil, natural gas, nuclear, renewables). The reading presents carbon pricing as part of a package of climate policies, made up of a carbon price, policies to support technology development, regulation, and management of distributive impacts. The lecture does not really address the second and third, but does discuss the important issue of distributive impacts. oil industry now does project planning based on assumption there will be a tonne.