Is Carbon Pricing Viable Climate Policy

Canada's carbon pricing, intended to aid in greenhouse gas reduction, has become a political battleground. The Conservative stance against the consumer carbon tax has resonated with Canadians, leading to doubts about the policy's future. While economists support carbon pricing, challenges include public misunderstanding of its benefits and its political vulnerability. Alternatives like cap-and-trade systems are proposed, but the debate underscores the complex intersection of climate policy and politics.