Former CBC and BBC Radio Host Mary Ambrose sits down for a conversation with Maria Panezi, a post-doctoral fellow with CIGI’s International Law Research Program, to talk about her thoughts on carbon pricing and how it should work.
How can we levy a tax that doesn’t cripple companies or put the onus on customers? Panezi explains how countries with a domestic carbon pricing system in place can take out the guesswork for consumers by taxing carbon-intensive products at the border. By seeing which products have paid for their carbon emissions on store shelves, customers will be able to make more informed decisions while grocery or toy shopping.
For a quick, illustrated guide to how this system — known as border carbon adjustments — works, see: Border Carbon Adjustments: Taxing Carbon for a Greener Economy