OTTAWA — Canada's greenhouse-gas emissions will be 12 per cent lower in 2030 with carbon pricing in place than they would be if it was scrapped, new federal data published Thursday suggest.
The government has been reluctant to share the data because the numbers don't compare the cost of carbon pricing with the cost of climate change itself. They also don't factor in the potential for economic growth from climate investments. For example, he said, it doesn't contain details on the economic benefits of the $15 to $25 billion invested in fighting climate change every year, or the benefits to the economy of slowing the pace of that change.
That allegation came during a tense exchange, as Giroux was defending his office following an admission that it made a major mistake in its carbon pricing analyses, which have been a key part of the debate on whether carbon pricing is effective or too costly. When asked why he thought that, he told a parliamentary committee it's because the government has data that proves it but that it won't make public.Like Giroux's original report, the modelling takes into account both the consumer and industrial carbon pricing systems.
Leader Pierre Poilievre accused Guilbeault of hiding the data to prevent Canadians from knowing the truth.