Governments use carbon tax revenues to advance their political agendas.
carbon pricing
Governments across Canada are betting big (carbon tax) money on clean tech.
According to Environment Canada, to meet our Paris treaty commitments Canada needs a carbon tax of up to $300 per tonne of greenhouse gases.
Governments know people won’t accept the level of carbon taxation necessary to achieve current GHG targets, so they hide most of the cost in regulation.
Canada is pursuing new carbon taxes and regulations at a fast pace.
No one really knows the true cost to humanity of an extra tonne of, say, carbon dioxide put into the air.
The introduction of a carbon price must replace, not be in addition to, existing regulations.
The carbon tax is projected to result in a cumulative $865 million net tax increase on British Columbians over a six-year period.