Canada's Ecofiscal Commission Explained

Ecofiscal Commission
Founded Date:2014
Founding Location:Canada
Type:Non profit organization
Focus:Fiscal policy
Key People:Christopher Ragan
Michael Harcourt
Jim Dinning

Canada's Ecofiscal Commission[1] is an independent economics project formed in 2014 by a group of Canadian economists from across the country.[2] [3] Chaired by McGill University economist Christopher Ragan, the group seeks to broaden the discussion of environmental pricing reform beyond the academic sphere and into the realm of practical policy application.[4]

Policies

The Commission focuses on three major policy streams (Climate and energy, Water, and Livable Cities). Key areas of research and policy include:

Reports

In 2015, the Commission released three reports on the subject of provincial carbon-pricing in Canada—making a case for subnational carbon pricing policy,[5] laying out principles for an effective cap-and-trade policy in Ontario,[6] and explaining carbon competitiveness,[7] respectively. In 2015, the commission also release a report on the subject of congestion pricing, making the case for pilot projects in four Canadian cities: Vancouver, Calgary, Toronto and Montreal.[8] In 2016, the Commission released two more reports on carbon pricing. The first was on different methods of revenue recycling,[9] and the second on comparing stringency.[10] And in the fall of 2016 the Commission released a report on biofuels.[11] In 2017, Ecofiscal released its third major carbon report, focused on what other policies are needed for comprehensive climate packages. It found that three types make sense: gap-fillers, signal-boosters and ones that provide co-benefits. The research emphasized cost-effectiveness. In September 2017, the Commission released its first report on municipal water. Titled Only the Pipes Should be Hidden, the report makes the case for user fees to tackle the interrelated problems of infrastructure gaps, water quality and a need for more conservation.

Advisory board

Composed of Canadian leaders in industry, the environment, and across the political spectrum, the commission's advisory board provide guidance, and diverse perspectives on how to design practical ecofiscal policies for Canada's unique context.[12]

Advisors include:

Notes and References

  1. Web site: Home - Canada's Ecofiscal Commission. Canada's Ecofiscal Commission. 2016-01-15. en-US.
  2. Web site: High-profile group urges fiscal reform to help environment, economy . . 4 November 2014 . 27 August 2015 . McCarthy, Shawn.
  3. Web site: EcoFiscal group seeks a way to tax pollution, not jobs . CBC . 4 November 2014 . 16 October 2015.
  4. Web site: To Ensure Prosperity, Canada Needs Ecofiscal Policies . . 5 November 2014 . 27 August 2015 . Ragan, Christopher . dead . https://web.archive.org/web/20160305123845/http://people.mcgill.ca/files/christopher.ragan/oped63.pdf . 5 March 2016 .
  5. The Way Forward: A Practical Approach to Reducing Canada's Greenhouse Gas Emissions. Canada's Ecofiscal Commission. 11 January 2016.
  6. Web site: Cap and Trade: A how-to guide for Ontario . . 24 April 2015 . 27 August 2015 . Heartfield, Kate.
  7. http://ecofiscal.ca/reports/provincial-carbon-pricing-competitiveness-pressures/ Provincial Carbon Pricing & Competitiveness Pressures
  8. http://ecofiscal.ca/reports/traffic/ We Can’t Get There from Here: Why Pricing Congestion is Critical to Beating It
  9. News: Choose Wisely: Options and Trade-offs in Recycling Carbon Pricing Revenues. Canada's Ecofiscal Commission. en-US. 2016-12-08.
  10. News: Comparing Stringency of Carbon Pricing Policies. Canada's Ecofiscal Commission. en-US. 2016-12-08.
  11. News: Course Correction: Comparing Stringency of Carbon Pricing Policies. Canada's Ecofiscal Commission. en-US. 2016-12-08.
  12. Web site: The People Behind the Commission. Canada's Ecofiscal Commission. 3 February 2017.