The Mintz conundrum

Andrew Mayeda reviews the state of play on environmental policy.

The Conservative figure of a 10-cent-per-litre increase is based on an estimate by University of Calgary economist Jack Mintz … The Conservatives often cite Mintz’s work to bolster their case for various policies, including corporate tax cuts. But like many economists, such as former U.S. Federal Reserve chairman Paul Volcker and Nobel laureate Joseph Stiglitz, Mintz believes a carbon tax levied broadly across the economy would be a more efficient way of pricing carbon than putting caps on industrial emitters.

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