Smoke from a steel plant in Hamilton, Ont. rises against a setting sun, as smoke from wildfires blankets the sky in June 2023. Industrial facilities face different technical and financial challenges in reducing greenhouse gas emissions. THE CANADIAN PRESS/Chris Young

What a Chinese pollution crackdown can teach Canada about carbon pricing

Canada has lowered its planned industrial carbon price. Research from China shows why the effects of environmental rules depend on firms’ ability to adapt.

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