With prices listed at $1,600 a month for a studio, $2,800 for a two-bedroom and $3,700 for a three-bedroom, officials in Vancouver, British Columbia are wondering whether the Rent 100 program is achieving its intended goals.
Putting a price on carbon emissions is widely viewed as an effective tool to reduce emissions. It can also be applied to help those who stand to lose the most from climate change, thus enabling a socially just transition to a low carbon economy.
Ten years ago, British Columbia launched North America's first carbon tax. This month, Premier John Horgan unveiled the long awaited climate plan, CleanBC, that aims to reduce greenhouse gas emissions 40 percent below 2007 levels by 2030.