Uncertainty Over California Cap-and-Trade Program Could Impact Ontario

9/29/2016 - Professor of Economics James Bushnell in the Globe and Mail.

California is facing major questions about the future of its cap-and-trade program, even as Ontario and Quebec count on linkage with the state’s carbon market to meet their aggressive climate targets over the next 15 years.

“As of right now, there is a lot of uncertainty hanging over the future of the market past 2020,” James Bushnell, an economist at University of California, Davis, said in an interview. “And that does put Ontario in a rather curious position."

Read the full story in the Globe and Mail.