On January 7, 2007, the National Round Table on the Environment and the Economy released its advisory report titled “Getting to 2050: Canada’s Transition to a Low-emission Future.” Prepared at the request of the federal government, the report recommends ways for Canada to achieve the long-term reductions of greenhouse gases (GHGs) and other air pollutants, proposed as part of the government’s Regulatory Framework for Air Emissions (the Framework). The report concludes that the government’s goal of reducing GHG emissions by 65% below current levels by 2050 “is feasible with the right policy pathway” and would involve a “manageable national economic cost over the long run.” The report’s central recommendation is for the federal government “to establish an economy-wide price on carbon as soon as possible.” It indicates that the most effective market-based emissions reduction policies would be an absolute cap-and-trade regime for large GHG emitters (as opposed to the Framework’s emissions intensity–based approach) combined with a carbon tax, or an absolute cap-andtrade regime for importers, producers and distributors of fossil fuels. The report also recommends policies to tackle emissions from certain sectors of the economy – including agriculture and forestry, transportation and building – that might be insufficiently affected by a market-based mechanism. Federal Environment Minister John Baird, though agreeing with much of the report, has rejected the idea of a federal carbon tax. For more information, please see Torys’ Climate Change Bulletin or www.nrteetrneeca/eng/publications/getting-to-2050/intro-page-getting-to-2050-eng.html.