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Policy Options: Team Canada should pull the NAFTA agenda toward a postcarbon world

Canada is in the midst of preparing its strategy for renewed NAFTA negotiations with the United States and the agenda will likely include border carbon tax, says the article. Dr Chris Hope, Reader in Policy Modelling at Cambridge Judge Business School, in 2016 estimated that a border carbon tax would be $150 to $250 per tonne of carbon dioxide, or about six to 10 per cent on US exports. “If it is to be proportionate, it should cover the harm caused to the Earth from the production of the goods, a harm that will not be reflected in their price if the US presses ahead with the unfettered use of fossil fuels,” he said.

Read the full article[policyoptions.irpp.org]