Clean Prosperity’s Post

Ottawa could establish a financial transfer program to incentivize provincial emissions reductions, says Trevor Tombe in a new piece in The Hub Canada today. Provinces are responsible for many areas central to emissions reduction, including transportation, waste management, electricity generation, and public buildings. “Federal funding tied to emissions-reduction outcomes could help provinces tackle these challenges on their own terms,” Tombe wrote. The transfer program could be modelled after the carbon tax, but instead of penalties, it would provide subsidies. “[F]or every tonne of emissions avoided, there’s a payment,” he wrote. “The further a province's emissions fall below this benchmark, the more funding it receives.” Read more 👇 https://lnkd.in/gKVUUFJt

Trevor Tombe: Carrots, not sticks, for a new climate federalism - The Hub

Trevor Tombe: Carrots, not sticks, for a new climate federalism - The Hub

https://thehub.ca

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