Getting to 2030

First, we examine the effectiveness and cost of climate policies of the four largest provincial emitters in the context of Canada’s 2020 and 2030 targets. [...] Estimating indirect costs The pattern of emissions and current estimates varies widely requires comparisons with BAU estimates of emissions and across the four provinces, ranging from a low of 63Mt in BC in knowledge of the demand for emissions by province. [...] The direct Looking ahead to 2020, forecasted changes in emissions over cost of the policy is the amount of revenue raised by the tax or the period 2014–2020 suggest the following: • BC’s emissions will grow by 9Mt; • Alberta emissions will grow by 3Mt; EXHIBIT 2. Demand for emissions • Ontario’s emissions will decline by 15Mt; • Québec’s emissions will grow by 2 Mt.5 Overall, Canadian emissions ar [...] While recognizing the drawbacks of using BAU estimates the economies in which they are applied, Prime Minister of emissions, we can use BAU estimates and the direct average Trudeau and the Premiers jointly committed to achieving cost to estimate the costs of forgone emissions in 2020. [...] The fi rst step in the coordination process is to use economic modelling and forecasts of economic activity, energy and other prices, and technological progress to plot the path of carbon prices needed to reduce annual emissions from current levels (732Mt) to 524Mt in 2030.