We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Is Canada's carbon tax worth fighting over? The current 'take no prisoners' political battle over Canada's carbon tax threatens what climate progress has been made. There is a compromise that could lower the temperature.
- Authors
Torrie, Ralph
- Abstract
The current political battle over Canada's carbon tax is threatening climate progress. Canada's decentralized federation and reliance on revenue from oil and gas exports make achieving consensus on national policy difficult. The federal government has the constitutional right to put a price on carbon, but finding a solution that addresses the climate emergency while reconciling the interests of producing and consuming provinces is challenging. The current carbon pricing policy includes a carbon tax on fuel rebated to households and an output-based regulatory pricing and trading system for emissions-intensive industries. However, skepticism about the effectiveness of carbon pricing persists, and large emitters end up paying less for carbon than the average Canadian family. Ultimately, carbon pricing is just one component of the government's response to the climate emergency, and a battle over the carbon tax could hinder progress.
- Subjects
CANADA; CARBON taxes; CLIMATE change; GOVERNMENT policy; CARBON pricing; INVESTORS; GREENHOUSE gases
- Publication
Corporate Knights, 2024, Vol 23, Issue 2, p20
- ISSN
1703-2016
- Publication type
Article