Ontario’s Climate Change Discussion Paper 2015

Government of Ontario, Ministry of the Environment and Climate Change

[The Canadian Underwriter] …an Ontario government discussion paper...asks for input on several issues related to climate change, including how a carbon tax should be designed and how building codes should be changed to encourage more renewable energy use…

One of the questions pertains to reducing the carbon footprint of buildings…

The paper also asks for input as to what carbon pricing market mechanisms would be most beneficial, and what design considerations should be taken into account when devising a carbon tax.

“A well-designed carbon pricing system is the most cost-effective approach to reducing greenhouse gas emissions,” the provincial government said in the paper. “Carbon pricing reduces greenhouse gas emissions as businesses and households incorporate the cost of emitting carbon into their decisions, encouraging companies and consumers to move away from fossil fuels and towards cleaner and more efficient ways of going about their business.”

The government also noted northern Ontario’s forest and peat lands act as a carbon sink…

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