Introduction

This carbon cost analysis provides an overview of the long-term carbon costs for a given quantity of emissions. Presently, emissions in Canada are subject to a Carbon cost which can vary based on the province in which emissions occur. This tool is designed to help policymakers and community leaders understand their financial liabilities associated with emissions sources and plan to reduce these by investing in emissions reducing technology.

By taking into consideration the long term carbon costs of emissions-producing assets such as buildings, vehicles and equipment communities can get a better picture of the financial incentives towards decarbonization. Based on the current Canadian federal pollution pricing schedule, carbon costs are going to increase significantly to the 2030 level of $170 per Tonne CO2e. Results of the carbon cost modelling are presented in Figure 1 below. The individual carbon liabilities for each year are presented in Table 1.