The package of economy- Our modelling analysis finds that policymakers can improve the wide regulations and subsidies contains a large total number economic performance of climate policies—relative to the way they of policies, which sometimes—mirroring policy experience in have been implemented to date—by: Canada—overlap in the GHG emissions they cover and the actions • recycling the revenues from. [...] Yielding to this pressure will tend to enacted policies communicated to the public? Is the fate of a given increase the cost of policy for the economy overall. [...] To close the gap to Canada’s emissions targets, we recommend of policies would be included? How stringent would these policies governments rely on carbon pricing, as it can reduce emissions need to be to close the gap to Canada’s GHG target? And what at the lowest cost to the economy. [...] The costs of these actions with higher costs are recovered from ratepayers in the form of higher electricity prices; The costs of regulations may not often be visible to the average however, the link between increasing electricity prices and the coal household. [...] Subsidies drive emissions reductions by rewarding the segment of the economy (i.e., those individuals or businesses that adoption of low-carbon alternatives apply for and receive the subsidy).8 As a result, beneficiaries of Subsidies provide monetary support to households and businesses subsidies tend to be aware of the policy and the resulting financial that purchase or adopt low-carbon alternati.
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- 66
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- Canada
