cover image: Thoughts on Canada’s Carbon Tax Agenda /

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Thoughts on Canada’s Carbon Tax Agenda /

27 Apr 2017

Prior to Donald Trump’s election, one could rationally make the argument that the U. S. was likely to proceed on its greenhouse gas regulations, both those in progress and others expected to have come in under a Clinton presidency (thus imposing additional hidden taxes on the U. S. economy). [...] But by 2013/2014, only five years into the tax system, the government had taken to shaky bookkeeping to preserve the appearance, but not the reality of revenue neutrality. [...] And a closer look at the details shows that rather than purely rebating revenues to the general population, diversions from those types of tax reductions began in only the second year with measures targeted at specific subgroups of the population. [...] The first and most obvious actions Canada could take would be to postpone the implementation of the various climate action plans and carbon taxes, until analysis can be done to (re) evaluate the impact of those activities on Canadian competitiveness with a Trumpian U. S. economy. [...] We need to refocus some of that attention on the long neglected necessity to make Canada resilient to climate change, and ensure that Canadians are able to adapt to climate changes whether man-made or natural.
environment climate change mitigation government politics public policy renewable energy economy subsidies taxation climate change mitigation natural resources government policy emissions trading tax carbon tax government budget taxes carbon price low-carbon economy low-carbon cap-and-trade climate action carbon taxes kenneth p. green decarbonization
ISBN
9781988493350
Pages
8
Published in
Ottawa, ON, CA

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