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THE STAR | Ottawa won’t raise the carbon price beyond $50, environment minister says
Published: 14 June 2019
Federal Environment Minister Catherine McKenna revealed Thursday that the federal government will not raise the national carbon price beyond 2022, a decision that experts say means Canada will need to rely on other measures to meet its emissions target under the Paris Agreement.
Christopher Ragan, an economics professor at º«¹úÂãÎè and chair of the Ecofiscal Commission, said that, without a stronger carbon price, the government will need to pursue policies that many experts argue are more costly to the economy than the price signal of a carbon levy to deter emissions.
