Carbon Pricing in High-Income OECD Countries: Poorly designed carbon taxes cause serious and harmful economic effects that increase costs, scare away investment, and deter entrepreneurship
Carbon taxes poorly designed in all 14 high-income countries with such taxes, including Canada
VANCOUVER—Carbon taxes in high-income countries around the world are poorly designed, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Overall, no high-income OECD country with a carbon tax has implemented it based on sound design,” said Elmira Aliakbari, associate director of natural resource studies at the Fraser Institute and co-author of Carbon Pricing in High-Income OECD Countries.