Trevor Tombe is a professor in the department of economics and the director of fiscal and economic policy at the School of Public Policy at the University of Calgary. [...] The assumptions and calculations underlying the simulation results were prepared by the auth- ors and the responsibility for the use and interpretation of these data is entirely that of the authors. [...] Another valuable contribution of this report is that it carefully walks the reader through the steps involved in estimating the effect of emissions pricing on the price of goods and services. [...] We estimate changes in the price of goods and service, and the effect of this on total household expenditures, and quantify these additional costs as a share of expenditure and income. [...] Overall, despite the significant attention paid to the spillover implications of emissions pricing for the cost of goods and services throughout the economy, the estimates here suggest the overall effect is relatively modest.
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