Regulating Carbon in Canada: The impact of the federal government's proposed electricity coal performance standards
Dave Sawyer and Seton Stiebert developed economic modelling of the Canadian government's proposed electricity coal performance standards.
They found that the impact of the regulations is likely to result in 5 million tonnes (Mt) of greenhouse gas reductions by 2020 at a technology cost of $26 per tonne. The proposed regulation will likely increase natural gas generation as coal electricity generation is retired. The regulation along with other federal and provincial efforts puts Canada on track to achieve about one third of its national emission reduction target of 607 Mt or 17% below 2005 levels in 2020.