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FINDING SUSTAINABLE PATHWAYS

OUR PROCESS

Our process helps Canada achieve sustainable development solutions that integrate environmental and economic considerations to ensure the lasting prosperity and well-being of our nation.

RESEARCH

We rigorously research and conduct high quality analysis on issues of sustainable development. Our thinking is original and thought provoking.

CONVENE

We convene opinion leaders and experts from across Canada around our table to share their knowledge and diverse perspectives. We stimulate debate and integrate polarities. We create a context for possibilities to emerge.

ADVISE

We generate ideas and provide realistic solutions to advise governments, Parliament and Canadians. We proceed with resolve and optimism to bring Canada’s economy and environment closer together.

Achieving 2050 Advisory Report: Table of Contents

Executive Summary

1 Setting the Stage

  1. 1.1 Key Considerations and Assumptions
  2. 1.2 Our Reports
  3. 1.3 Modelling and its Caveats

2 Carbon Pricing Policy — Goals and Objectives

  1. 2.1 Goal One: Achieve the Government of Canada’s GHG Emissions Reduction Targets at Least Cost
  2. 2.2 Goal Two: Address Adverse Impacts on the Economy and Society

3 Carbon Pricing Policy — Essential Design Elements

  1. 3.1 The Essential Elements of Policy Design: A Unified Carbon Pricing Policy
  2. 3.2 The Essential Elements of Policy Implementation: An Adaptive Carbon Pricing Policy that Sends a Credible Long-term Price Signal
  3. 3.3 The Carbon Pricing Policy Wedges

4 Carbon Pricing Policy — The “Road Map”

  1. 4.1 Transition from Fragmentation to a Unified Carbon Pricing Policy
  2. 4.2 The Detailed Design of the Policy Wedges

5 Carbon Pricing Policy — Outcomes and Impacts

  1. 5.1 Macroeconomic Impacts are Manageable
  2. 5.2 Competitiveness Issues are Limited but Significant for Some
  3. 5.3 Distributional Impacts for Some Households and Communities Will Create Challenges
  4. 5.4 Technology Deployment is Crucial To Success
  5. 5.5 Smoothing the Transition with Auction Revenue

6 Carbon Pricing Policy — Governance and Implementation

  1. 6.1 Purpose
  2. 6.2 Rules-based Governance
  3. 6.3 Reviewing Progress
  4. 6.4 Climate Policy Governance in Canada
  5. 6.5 Moving Forward

7 Conclusions and Recommendations

Appendix: Glossary



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    Achieving 2050