A carbon tax is not a 'price'

Laval University economics professor Stephen Gordon had a recent op-ed in the National Post where he castigates small “c” and big “C” conservatives for their opposition to a carbon tax. I found two things interesting about his piece: (1) he mistakenly refers to a tax as a price, and (2) he implicitly assumes a completely unrealistic world in which the carbon tax would replace intrusive government regulation.Gordon writes:A party with a minimal understanding of market economics would have long ago abandoned its campaign against the idea of putting a price on carbon. By continuing and amplifying its campaign against using

Read More - The Fraser Institute