Prime Minister Justin Trudeau is pledging to set a national carbon price to cut emissions, a key message sent as Canada's provincial premiers meet to discuss their concerns and how to proceed. Trudeau and the premiers fell short of a commitment to impose a price earlier this year, instead pledging to study a plan that could include "carbon pricing mechanisms," and report back on an emissions reduction plan by October. A carbon price typically means either a tax or a cap-and-trade regime.
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