It pits the carbon tax against a business as usual scenario, rather than the province own Prairie Resilience plan which relies on renewable energy targets and performance standards that haven been fully flushed out.While Duncan said that plan will be more effective than a carbon tax, Meili said it would sink economic growth by far more than a tax.”The impact of using regulation as the primary means of dropping emissions is actually much more damaging to your GDP than using carbon pricing,” the NDP leader https://www.gestiontb.ca said.He called Wednesday study an “extreme outlier” that differs drastically from the work of other researchers.Prof. Mark Jaccard, a professor at Simon Fraser University School of Resource and Environmental Management, wrote in an email response that a brief perusal of the study raised concerns.”The feds have said that each province can do what they want,” he wrote, noting that Saskatchewan could use the money generated by the tax to protect trade exposed industries, like oil and gas.”This would mean very little GDP effect,” according to Jaccard.Duncan said the model did account for transfers of carbon tax revenue back to Saskatchewan people. But it assumes the government simply sends the money directly to residents, rather than cushioning the blow to exporters.Dale Beugin, executive and research director for the Ecofiscal Commission, said mailing out cheques is the case in terms of economic impact.

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