Myth

Only very high carbon prices are effective

Fact

People and businesses respond to price changes-even low ones.
B.C.’s carbon tax, which grew from $10 to $35 per tonne over 10 years, has lowered both per-capita gasoline and natural gas use by at least 7%.
B.C.’s emissions would be up to 15% higher without its carbon tax.

Topic

Carbon Pricing

Label

Myth