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The European Union's carbon pricing program has not worked well.
Trudeau's carbon pricing program won't be the only one within Canada.
Whether a carbon pricing program will be effective in Canada will depend largely how the government structures the program and sets the prices.
Under the new government, led by Prime Minister Justin Trudeau, Canada expects to unveil a carbon pricing program as early as this fall.
The US Congress attempted to create a carbon pricing program after Barack Obama became president but failed to gain enough support.
The announcement of a carbon pricing program represents a dramatic departure from the previous administration under Stephen Harper, who championed the expansion of the country's oil industry and sidelined climate change causes.
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Many carbon pricing programs today are fairly modest.
Lawmakers around the world, including in China, the European Union and California, have enacted carbon pricing programs.
Canada currently has one of the most ambitious carbon pricing programs in the world.
Carbon pricing programs typically focus on regulating heavy polluters such as power plant owners, oil refineries, big factories and airlines.
Those regions with carbon pricing programs should focus on increasing the geographic scope and number of industries covered.
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