Front Burner

The political cost of carbon taxes

CBC reporter Nahlah Ayed lays out what's happening at COP24, and energy economist Mark Jaccard explains why implementing carbon pricing can be a costly political move.
Provinces and territories have been given the option to come up with their own carbon tax or cap-and-trade system. If they fail to do so, the federal government will impose its own plan. (Mark Ralston/AFP/Getty Images)

As COP24 tries to set rules for how the world deals with environmental issues, we look at why the Canadian government has chosen carbon pricing as a key tool in addressing climate change. CBC reporter Nahlah Ayed gives us an overview of what's happening at COP24, and energy economist and Simon Fraser University professor Mark Jaccard explains why carbon pricing is a costly political move.

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