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Environment committee  I think expectations of future carbon prices are exactly what businesses want. They want certainty to make those long-lasting investment choices and to know how they will pay off. I think there's also an expectation that carbon constraints elsewhere are only going to increase as

January 28th, 2019Committee meeting

Dale Beugin

Environment committee  It does. It addresses competitiveness concerns through the output-based carbon pricing system, and it addresses fairness for low-income households through those rebates to households.

January 28th, 2019Committee meeting

Dale Beugin

Environment committee  I'll echo Andrew. Our models show growth remaining positive even under large carbon prices, albeit slightly less strong than it would be in the absence of any policy. Growth is very, very slightly, very modestly slower with carbon pricing.

January 28th, 2019Committee meeting

Dale Beugin

Environment committee  As the other panellists have noted, many factors can affect greenhouse gas emissions. The key in isolating the impacts of any one factor is to use statistics to try to determine what is attributable to the carbon pricing and what is not. In other words, what would the carbon pric

January 28th, 2019Committee meeting

Dale Beugin

Environment committee  I don't think it's a question of instrument; it's a question of stringency. You can have more aggressive regulations or more aggressive carbon pricing policies. To drive deeper emissions reductions, we need more stringent policy. That means either higher carbon prices still, over

January 28th, 2019Committee meeting

Dale Beugin

Environment committee  This was in a report in December of last year, that the Canadian Chamber of Commerce indicated its support for carbon pricing as a transparent, market-driven approach to reducing greenhouse gas emissions.

January 28th, 2019Committee meeting

Dale Beugin

Environment committee  Given that action is required, and policy is required, it's better to have a policy that costs less than a policy that costs more. Carbon pricing is going to be the lowest-cost, least expensive way to reduce greenhouse gas emissions.

January 28th, 2019Committee meeting

Dale Beugin