Dan Neuman on Nostr: In choosing policies, you have to look at the likely effects vs their costs. Canadian ...

In choosing policies, you have to look at the likely effects vs their costs. Canadian economist Trevor Tombe looked at this and found that these incentives were fairly expensive. However, this only looks at carbon cost avoidance. The cost avoidance (savings) for health (eg, bike lanes) and avoiding new electrical infrastructure are not included. He also points out that carbon fees only affect the easy to do actions. Incentives may still be required due to human psychology. Ontario still had to give rebates for LED bulbs even though they were cost effective for consumers right from the start. It avoided building new gas plants at the time. #ClimateAction

https://on360.ca/policy-papers/evidence-based-climate-policy-for-ontario/