Explain Like I’m Five Episode 16: Carbon Pricing, with Mark Cameron

The 2020 Network

“There can be a carrot and a stick. The stick is you put a price on carbon use particularly in the ways you can get at it pretty easily, like burning fossil fuels, but if you raise money using that process you can then use that money to create carrots.”

Mark Cameron, executive director of Canadians for Clean Prosperity, joins host Aaron Reynolds to demystify carbon pricing, including the origins of carbon tax and cap-and-trade, how C02 emissions are measured, how these mechanisms are enforced, and where the money ends up.

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