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Benjamin Thibault @ThibaultBen
, 12 tweets, 6 min read Read on Twitter
1. Let's put this in context. In Cabinet in Ottawa, Jason Kenney agreed to Canada's Paris climate targets, the same targets we still have. (Toronto Sun:…). #ableg #abpoli #abclimate #cdnpoli
2. Mr. Kenney has been waging an all-out rhetorical assault on carbon pricing, claiming they're ineffective and costly. The vast majority of economists of all stripes disagree: they are the lowest-cost, most efficient policy for addressing climate change.
3. Mr. Kenney apparently also disagrees now, realizing that as a free-market conservative who professes to believe in climate change, he HAS to support carbon pricing. #ableg #abpoli
4. But the most efficient carbon price is an economy-wide carbon price. Federal analysis shows carbon pricing will reduce emissions by 90 Mt Canada-wide. Put all of that on industry, instead, and it will pay more for more expensive reductions. #ableg #abpoli
5. But the worst part? Not only is Kenney's plan more expensive on industry. It is FAR more expensive for Alberta. Kenney wants to regulate and price major emitters to make the GHG reductions Canada needs to find. Probably sounds less politically risky to him. #abpoli
6. But Alberta is home to 53% of Canada's reported (a reasonable proxy for major or industrial emitters) GHG emissions. So, by choosing an industry-targeted over economy-wide approach, you're not only making the total cost more costly...
7. You're making it especially more costly for Alberta. If he wants a future CPC federal government follows his lead, he is asking them to put the costs onto industry, ... #ableg #abpoli
8. ... instead of other emitting sectors, like buildings and transportation, that are more evenly distributed with the population in Canada. In other words, his idea would exempt far more emissions in Quebec, Ontario and BC, and hit far more in Alberta, proportionately. #abpoli
9. In case this isn't obvious (and apparently, it isn't, for him), this is TERRIBLE for Alberta. This is NOT the path you want your Alberta government to lead the country on hitting the international commitments that he initiated in Ottawa.
10. No. With this rubric, you want an economy-wide carbon price that protects the competitiveness of trade-exposed industries with free allocations through sector-specific emissions intensity performance standards. Any system like that on offer? #ableg #abpoli
11. Why yes.… With any luck, the leadership Alberta is showing will pave the way for a sensible approach in Ottawa that will protect Alberta's economy. Not kneecap it, like the ill-considered, rhetoric-centric Kenney plan. #abpoli
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