British economist Lord Nicolas Stern has noted that “climate change presents a unique challenge for economics: it is the greatest example of market failure we have ever seen.” Putting an effective price on carbon pollution is one of the best ways to correct this failure while capitalizing on the flexibility and efficiencies afforded by the market. An increasing number of industry players, environmental organizations and economic institutions are also recognizing this fact.
Fostering a conversation on stronger carbon pricing in Alberta
November 12, 2015
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Leading the transition to clean energy requires advancing solutions to today’s energy challenges from various angles.
The Pembina Institute has spent four decades working to reduce the environmental impacts of Canada’s energy production and to provide actionable ideas on how to implement clean energy.
