If the policy that sets the price on carbon applied to all countries at the same time, there would not be a problem. That was the goal of the Kyoto Protocol. There was a
common ground for all the countries with a price on carbon.
In my view, it is a question of international political cooperation. This is necessary so that the industry of one country is not more penalized than the industry of another country. It is an issue of international cooperation and it is very important.
Furthermore, economies, like those of California and Quebec, decided to move forward. It is a decision that can be a model. However, clearly, in each economy—Quebec’s as much as California’s—there was an opposition from large emitters. But the politicians in each of those places,…