The Comparative Analysis of Carbon Pricing Policies on Canadian Northwest Territories’ Economy under Different Climate Change Scenarios

Policymakers in the Northwest Territories have introduced carbon pricing as a strategy to reduce fossil fuel consumption and CO2 emissions across various population segments and industries. This indirect approach, chosen for its acceptability, aims to influence behavior rather than directly limit carbon-intensive products. The main purpose of this study was to evaluate the economic and ecological impacts of this policy and its alignment with …