Warning For Province On Carbon Pricing

Posted on Monday, March 20, 2017 07:07 AM

The provincial government is being warned to take care with imposition of a carbon tax next year so that any economic costs in the short run are minimised.

Dr. Herb Emery of the UNB Policy Studies Centre admits there will be some pain up front.

A symposium on carbon pricing agreed there are potential economic opportunities down the road but wherever possible, carbon pricing in New Brunswick should be aligned with what's happening in other jurisdictions such as Quebec, Ontario, the rest of Atlantic Canada and the nine northeastern states.