The Inescapability of Carbon Taxes for Canada /

Moreover, the world has yet to demonstrate it is capable of materially reducing its demand for crude oil and natural gas, at least out to the middle of this century, if not longer.4 Canada has as much right as any country to exploit its hydrocarbon resources, regardless of the relative carbon intensity of its oilsands production and attributed carbon emission per unit of production. [...] Yet that relative carbon intensity has been the principal reason for the unique animus which the ENGO community directs at the Canadian oilsands, and which former U. S. president Barack Obama ultimately bought into in his fatuous and cynical rejection of Keystone XL in November 2015.5 (Ironically, this was the same month that Alberta Premier Rachel Notley would introduce her carbon tax regime in A [...] If Canada’s oilsands industry can afford that price, then it can continue to produce its hydrocarbons and therefore be deemed The Inescapability of Carbon Taxes for Canada Page 1 by Denis McConaghy April, 2017 The Inescapability of Carbon Taxes for Canada to have contributed adequately to dealing with the climate risk. [...] Clearly, carbon pricing is a cornerstone of carbon policy for the Trudeau government.8 For those conservative elements in Alberta who ask what their province got for having to endure a carbon tax, the answer should be obvious — regulatory approval of pipelines by liberal governments. [...] And certainly there is no place for arbitrary emission reductions in The Inescapability of Carbon Taxes for Canada Page 2 by Denis McConaghy April, 2017 The Inescapability of Carbon Taxes for Canada specific economic sectors.