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Old 04-14-2015, 04:29 AM
 
1,385 posts, read 1,210,418 times
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Okay, yeah. Can the Liberals not come up with solutions that don't involve taxing and spending?

Quote:
A tax by any other name is Ö still a tax. That, at least, is the argument the provincial Liberals and their federal counterparts will be fighting off now that Ontario has joined Quebec and California in a cap-and-trade carbon market intended to reduce greenhouse gas emissions.
While the details havenít been fleshed out yet, the basic premise is this: Queenís Park will set a cap of permitted carbon emissions, and lower the cap each year to meet carbon-reduction targets. Companies that cut their emissions will be able to sell their credits to companies that exceed the cap. The government also will likely sell emissions credits; Quebec, for example, auctions them off four times a year, directing the proceeds to its Green Fund to further reduce emissions and adapt to climate change.
Ontario Liberal Premier Kathleen Wynne acknowledges that the policy is a tax, sort of. She still thinks itís worth it. ďCall it carbon pricing, cap and trade, a market mechanism or Ö I believe itís misleading, but if you must, go ahead and call it a tax,Ē she said. ďMost of us will not be fooled because for most of us the label is not important. Whatís important is that we make progress.Ē
But progress towards what? Reducing carbon emissions and attenuating climate change? Or filling provincial coffers and eliminating the provincial deficit? Ontario Liberals claim itís the former ó the provincial Progressive Conservatives say itís the latter. Already the opposition is sounding the alarm on potential increases to the cost of everything from gas to groceries.
The costs and consequences of cap-and-trade
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Old 04-14-2015, 08:03 PM
 
Location: British Columbia ☀️ ♥ 🍁 ♥ ☀️
7,339 posts, read 6,636,323 times
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I guess Ontario could try some version of the other alternative.

British Columbia carbon tax - Wikipedia, the free encyclopedia

Quote:

British Columbia's carbon tax and accompanying tax shift has been in place since 2008. It is a policy which adds additional carbon taxes to fossil fuels burned for transportation, home heating, and electricity, and reduces personal income taxes and corporate taxes by a roughly equal amount. The carbon tax is collected at the point of retail consumption (for example, at the pump for gasoline and diesel). British Columbia's policy is unique in North America; only Quebec has a similar retail tax but it is set at a much lower rate and does not include a matching tax shift......... continued ........
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Old 04-16-2015, 05:53 AM
 
1,385 posts, read 1,210,418 times
Reputation: 1707
But home heating and electricity is a basic right in this country and absolutely necessary for survival in most parts of Canada and in general maintaining a decent standard of living. If the government thinks that our use of energy is wasteful and inefficient, then when do they allow infrastructure and residential development to occur the way it does in the first place?
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