Alberta's Carbon Pricing Approach: Adapting For Change

Abstract

In 2007, Government of Alberta committed to carbon reduction strategy and regulation that would reduce emissions by 50 Mt by 2020 and 200Mt by 2050 (based on a business as usual projection). Given the global tread towards the control of GHG emissions through carbon control and pricing policies, this study takes a critical look at Alberta's approach to a carbon pricing to determine potential areas for improvement. The study will also and identify and analyze proven carbon pricing approaches from existing carbon pricing systems around the world and use this analysis to recommend approaches that we believe the Government of Alberta can utilizes to strengthen the current carbon pricing system.