The Cost Implications of Ontario’s Environment Plan to Reduce Greenhouse Gas Emissions
We assess the economic costs of the greenhouse gas (GHG) mitigation measures contained in the Made-in-Ontario Environment Plan (Plan) and the alternative Federal Backstop Carbon Pricing approach to be applied in Ontario. We conclude the cost of the Made-in-Ontario Plan on businesses and households is 59% higher in 2022 and 50% higher in 2030 than the Federal approach for the same quantity of GHG reductions. Download report here. We estimate the total cost of the Ontario Plan