Sustainable Prosperity’s submission is meant to reflect our own understanding of the state of knowledge on the issues raised, based on carefully reviewed evidence and analysis. Our Low-Carbon Economy program produces cutting-edge research and policy experiences on carbon pricing and its role in the transition to a low- carbon economy, seeking to better understand how carbon taxes, cap-and-trade and other carbon pricing systems can effectively contribute to innovation and competitiveness for a more sustainable and prosperous economy. It is not offered with a view to advocating or promoting a specific set of conclusions or recommendations; but rather, as evidence to be considered in the BC carbon tax review process.