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Carney to announce plan to kill consumer carbon price; shift to green incentives
Liberal leadership contender Mark Carney is expected to announce a plan on Friday to abandon consumer carbon pricing but keep industrial pricing in place.www.ctvnews.ca
Time will tell if this is convincing or not.
More like October 2029!Carney would be the final death blow to Canada, if he can last past Oct 2025. I'm looking forward to the implosion!
Any bets Carney is PM until at least Sep 2026?
More like October 2029!
Until recently, I never gave the LPC a chance in hell in the next election, but with what Trump is doing, I think they now have a chance. Not a big chance, but a chance.Part of me really hopes so!
Add to that the fact that both front runners are vowing to scrap the Carbon Tax.
Perhaps, but they can still campaign on a lie and people can (will) eat it up.
Whichever of those two wins, they then have to put their money where their mouth is. I’m doubtful that would happen, but it’s up to them to come up with some concrete positive policies, not just promises to take away bad policies.Perhaps, but they can still campaign on a lie and people can (will) eat it up.
And there will be high speed rail and a new interprovincial bridge east of Ottawa.
But Carney in particular is still talking net zero which is still a losing proposition because someone somewhere is going to have to pay for it. It won't be industry 'cause they are all leaving so that leaves the tax payerPerhaps, but they can still campaign on a lie and people can (will) eat it up.
Absolutely. I think Trudeau was finally knocked from his pulpit because moderate Liberals couldn't ignore their conscience any longer and seen what a disaster he's been.Perhaps, but they can still campaign on a lie and people can (will) eat it up.
The EU is implementing a Carbon Border Adjustment Mechanism which places extra tariffs on imports that come from countries with weaker carbon pricing standards than the EU. It’ll apply to 6 product sectors to begin with and likely expand to more categories over time. Other countries with strong carbon pricing regimes will likely adopt something similar to protect their own industries.But Carney in particular is still talking net zero which is still a losing proposition because someone somewhere is going to have to pay for it. It won't be industry 'cause they are all leaving so that leaves the tax payer
And there it is: the crux of the next election. Those who want to abandon net zero and throw in with the US as a trading block distinct from the rest of the world, and those who want to maintain a connection with the rest of the world economy. (obviously I'm over simplifying and no matter what there would still be international trade)https://macleans.ca/politics/ottawa/preston-manning-on-putting-a-price-on-carbon/
How to communicate a good idea: carbon pricing
It’s worthwhile to point out that at one point one of the proponents of carbon pricing was Preston Manning. First stating his support for the concept in 2012 and then in more detail in 2014. It is a conservative principle that the price of a product should accurately reflect it’s true total costs including environmental costs so that consumers can make informed choices when comparing products and pricing.
As he explains, if implemented properly, carbon pricing is not a “tax” in the usual sense since the proceeds of a true tax goes to the government. Instead carbon pricing should just provide pricing incentive for consumers to choose the lower carbon footprint and therefore cheaper product and for companies to lower their carbon footprint to achieve lower prices. Of course that assumes there are a variety of lower carbon footprint product alternatives available, that there aren’t extra taxes, exemptions, and regulations layered on top that distort the system, and that the rest of the world is moving in the same direction so that you’re not disadvantaging your own country. We’ll have to see if Carney’s carbon pricing plan better addresses those issues.
The EU is implementing a Carbon Border Adjustment Mechanism which places extra tariffs on imports that come from countries with weaker carbon pricing standards than the EU. It’ll apply to 6 product sectors to begin with and likely expand to more categories over time. Other countries with strong carbon pricing regimes will likely adopt something similar to protect their own industries.
We’ll have to see if Trump can convince the rest of the world to abandon net zero. Otherwise if the rest of the world decides to continue toward net zero then if Canada wants to diversify it’s trade away from the US to avoid Trump’s tariffs, it’s going to need a viable carbon pricing system to avoid carbon tariffs when trading with other countries. Not having carbon pricing might provide some sticker price relief for Canadian consumers, but will also mean less jobs that involve non-US international trade.
there is only one taxpayer - us.But Carney in particular is still talking net zero which is still a losing proposition because someone somewhere is going to have to pay for it. It won't be industry 'cause they are all leaving so that leaves the tax payer
Therein lies the main critique of consumption taxes by the traditional left. Because the lower classes have less disposable income, they will be the least likely to afford upgrading their cars or furnaces. It would be a vicious cycle of increasing fuel cost, making it more difficult for them to afford upgrading.https://macleans.ca/politics/ottawa/preston-manning-on-putting-a-price-on-carbon/
How to communicate a good idea: carbon pricing
It’s worthwhile to point out that at one point one of the proponents of carbon pricing was Preston Manning. First stating his support for the concept in 2012 and then in more detail in 2014. It is a conservative principle that the price of a product should accurately reflect it’s true total costs including environmental costs so that consumers can make informed choices when comparing products and pricing.
As he explains, if implemented properly, carbon pricing is not a “tax” in the usual sense since the proceeds of a true tax goes to the government. Instead carbon pricing should just provide pricing incentive for consumers to choose the lower carbon footprint and therefore cheaper product and for companies to lower their carbon footprint to achieve lower prices. Of course that assumes there are a variety of lower carbon footprint product alternatives available, that there aren’t extra taxes, exemptions, and regulations layered on top that distort the system, and that the rest of the world is moving in the same direction so that you’re not disadvantaging your own country. We’ll have to see if Carney’s carbon pricing plan better addresses those issues.
The EU is implementing a Carbon Border Adjustment Mechanism which places extra tariffs on imports that come from countries with weaker carbon pricing standards than the EU. It’ll apply to 6 product sectors to begin with and likely expand to more categories over time. Other countries with strong carbon pricing regimes will likely adopt something similar to protect their own industries.
We’ll have to see if Trump can convince the rest of the world to abandon net zero. Otherwise if the rest of the world decides to continue toward net zero then if Canada wants to diversify it’s trade away from the US to avoid Trump’s tariffs, it’s going to need a viable carbon pricing system to avoid carbon tariffs when trading with other countries. Not having carbon pricing might provide some sticker price relief for Canadian consumers, but will also mean less jobs that involve non-US international trade.
Yet they're happy to go along with subsidies, which are mainly monies flowing to people who can already afford the politically-favoured upgrades. That's money unavailable for the programs helpful to people with low incomes.Therein lies the main critique of consumption taxes by the traditional left. Because the lower classes have less disposable income, they will be the least likely to afford upgrading their cars or furnaces. It would be a vicious cycle of increasing fuel cost, making it more difficult for them to afford upgrading.
Therein lies the main critique of consumption taxes by the traditional left. Because the lower classes have less disposable income, they will be the least likely to afford upgrading their cars or furnaces. It would be a vicious cycle of increasing fuel cost, making it more difficult for them to afford upgrading.
Even with the rebates under our bastardized system, lower income people are more likely to use that amount of money for groceries since they still wouldn’t be able to afford a new car or furnace.