This is a guest post by Mark Jaccard, professor of sustainable energy at Simon Fraser University.
In 2007, Prime Minister Stephen Harper’s government asked me and four other economists if we agreed with its study showing huge costs for Canada to meet its Kyoto commitment to reduce greenhouse gas emissions by 2010. We all publicly agreed, much to the chagrin of the Liberals, NDP and Greens, who argued that Kyoto was still achievable without crashing the economy. It wasn’t.
As economists, we knew that the Liberal government of Jean Chrétien should have implemented effective policies right after signing Kyoto in (Read more…)