Optimiser la boîte à outils politique du Canada pour viser la croissance propre

The author contends that while carbon pricing is a vital tool, Canada needs a broader strategic framework to address market failures—such as fossil fuel subsidies and high initial capital costs—and to respond to international competition like the US Inflation Reduction Act. The paper suggests combining carbon pricing with targeted public incentives, a clean investment taxonomy, and sector-specific growth strategies to attract private capital efficiently without excessive or scattered public spending.

• Carbon pricing is identified as the most effective tool in Canada's arsenal for addressing the market failure where product market values do not include the costs of carbon emissions. The national minimum carbon price is scheduled to rise to $65 per tonne on April 1, 2023, and reach $170 per tonne by 2030.
• Several market failures hinder private investment in clean growth: historical fossil fuel subsidies provide a persistent competitive advantage to those industries; clean projects often face high capital costs and long return horizons that private investors cannot fully capitalize on (such as job creation or Indigenous economic leadership); and international policies, specifically the US Inflation Reduction Act of August 2022 with its $370 billion in subsidies, create intense global competition for capital.
• To optimize private capital flows, the author recommends supplementing carbon pricing with carbon contracts for difference to reduce price uncertainty, limited-term targeted incentives, and a strategic reform of the financial system including a clean investment taxonomy and strengthened climate disclosure rules.
• The document warns against scattered public spending and the risk of funds becoming a 'financial windfall' for companies skilled in lobbying. It advocates for clear, transparent priorities and sector-specific clean growth strategies rather than ad hoc reactions to US policy.

APA

Canadian Climate Institute (2023). Optimiser la boîte à outils politique du Canada pour viser la croissance propre. https://institutclimatique.ca/optimiser-la-boite-a-outils-politique-du-canada-pour-viser-la-croissance-propre/

Chicago

Canadian Climate Institute. Optimiser la boîte à outils politique du Canada pour viser la croissance propre. 2023. https://institutclimatique.ca/optimiser-la-boite-a-outils-politique-du-canada-pour-viser-la-croissance-propre/.

Wikipedia

{{cite report |author=Canadian Climate Institute |title=Optimiser la boîte à outils politique du Canada pour viser la croissance propre |date=2 March 2023 |url=https://institutclimatique.ca/optimiser-la-boite-a-outils-politique-du-canada-pour-viser-la-croissance-propre/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{canadianclimateinstitute2023optimiser, author = {{Canadian Climate Institute}}, title = {{Optimiser la boîte à outils politique du Canada pour viser la croissance propre}}, institution = {Canadian Climate Institute}, year = {2023}, month = mar, url = {https://institutclimatique.ca/optimiser-la-boite-a-outils-politique-du-canada-pour-viser-la-croissance-propre/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }