For carbon pricing to be efficient and economically benign, it must be emplaced in lieu of regulations.
BC carbon tax
Study assumes the new carbon tax will shift the tax burden from households to businesses without putting businesses at a competitive disadvantage.
The theoretical or “ideal” carbon-pricing system has never been implemented.
In Ontario, the government expects to rake in $2 billion per year through its cap-and-trade program.
Like all taxes, a carbon tax imposes its own burdens and amplifies the economic costs of all other taxes in the economy.
Subsidizing wind, solar or other alternative energies distorts the energy market.
A new Angus Reid poll suggests that the more people learn about carbon pricing the less they like such schemes.
The NDP-Green agreement calls for a 67 per cent increase in B.C.’s carbon tax.
Both the NDP and Greens oppose the Kinder Morgan Trans Mountain pipeline expansion.