This is by far the most exciting part of the whole idea. Up here in Alberta Canada we have an oil producing province chock full of people who are against the F

This is by far the most exciting part of the whole idea. Up here in Alberta Canada we have an oil producing province chock full of people who are against the Federal carbon tax. Some are climate deniers, but most are rational people who are asking: “Why we should sacrifice our wealth to reduce emissions when capital investment will just flow somewhere that has no carbon tax and the emissions will happen anyways?” Up until the idea of CBAs started gaining traction the only answer anyone could muster was “Because it’s the right thing to do”, which is incredibly weak and unlikely to convince pragmatic individuals or anyone who benefits from the oil industry (~5% of GDP, so it’s a lot of people). I hope that CBAs can be a way of addressing this concern such that taking action on climate change doesn’t mean reducing global competitiveness.