Canada needs much higher carbon tax to meet climate target: study

Canada's projected carbon tax must be more than quadrupled over the next 10 years to meet its Paris Agreement commitment to slash CO2 pollution, economists said in a report Wednesday.Carbon pricing is the primary measure undertaken so far by Prime Minister Justin Trudeau's government to reduce Canada's greenhouse gas emissions by 30 percent from 2005 levels by 2030.Introduced earlier this year, the fuel levy -- one of the few of its scope in the world -- was applied to four of Canada's 10 provin