With a first place for available funding and a second for early entrepreneurship, Canada has jumped three spots in a global cleantech ranking to hit the number 4 position. The 2017 Global Cleantech Innovation Index (GCII) was released this week by the Cleantech Group and WWF with support from other organizations.
There is one key message to take away from the various reports produced by Canada’s Ecofiscal Commission - carbon pricing must be the centerpiece of any action to fight reduce greenhouse gas emissions. The reason its many economists say is because it’s the most efficient and most cost-effective way to do it. Others say a well designed regulation can do exactly the same thing.
Canada’s Ecofiscal Commission argued in a report published on June 8 that there are policies government’s can implement that enhance the operation of a carbon pricing mechanism. But Mark Jaccard, an economist and professor at Simon Fraser University, argued in an ideal scenario, complementary policies are unneeded.
A new report from Canada’s Ecofiscal Commission says that while explicit carbon pricing policies are the most-cost effective way to reducing greenhouse gas (GHG) emissions there are cases where other complementary policies are needed.
Prime Minister Justin Trudeau used his keynote address at the Federation of Canadian Municipalities’ annual conference and trade show in the Ottawa on June 2 to unveil details of the federal government’s Smart Cities Challenge.