Quote:
Originally Posted by jawagord
BC’s greenhouse gas emissions were declining for years before the carbon tax.
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And yet no growth since 2007 despite both substantial GDP and population growth. Displacement which at this point can't be attributed to changes in industrial forestry. What's clear is that BC's carbon tax has avoided all emissions growth, but hasn't been high enough to cut emissions further.
It's amazing that William Nordhaus and Paul Romer got a Nobel Prize (equivalent) for economic theory detailing the relationship between carbon pricing and emissions reductions but FUDsters still want to insist there's no link.