The tables have turned in the climate change debate

Work on risk assessment, and policy choices that follow, needs to be examined with a more realistic eye

The tables have turned in the climate change debateNow that the federal election is over, the government of Justin Trudeau (perhaps now in closer concert with parties across the aisle) will continue its climate policy program. It’s therefore worth noting the recent tragic death of Harvard economist Martin Weitzman has underscored his work on climate risk assessment, which many climate activists use to…

Say no to a carbon tax, for the sake of your children

Research shows that only those born 45 years after a carbon tax is implemented will see any benefits that outweigh higher energy prices

Say no to a carbon tax, for the sake of your childrenI work on environmental and energy economics in both Canada and the United States. I’ve noticed that U.S. debates tend to focus on abstract principles – “capitalism versus socialism,” for example – whereas Canadians tend to put aside ideology and inquire about the empirical details. In this context, and as Canada’s political parties rollout their…

Single-use plastic ban won’t solve waste problem

Economic reasoning and basic statistics show that such bans are largely symbolic gestures that come with real downsides

Single-use plastic ban won’t solve waste problemPrime Minister Justin Trudeau recently proposed a federal ban on certain single-use plastics, in an effort to protect marine life and the beauty of Canadian shores. But the proposal fails to get to the root of the problem. Trudeau justified the proposal by saying, “We have a responsibility to work with our partners to reduce…

Misguided minimum wage policies hurt low-skilled workers

Most Canadians who earn the minimum wage are not “poor,” and most of the working poor earn more than the minimum wage

Misguided minimum wage policies hurt low-skilled workersBy Robert P. Murphy and Charles Lammam The Fraser Institute Last year, every Canadian province except for New Brunswick (which has an increase planned for this year) hiked its minimum wage. And campaigns are underway, most notably in Alberta, to boost the wage floor further to $15 per hour. Such a policy appeals to many…