Ontario’s plan will take even more money away from already heavily-taxed consumers and businesses.
greenhouse gas emissions
Over the last few years, GHG emissions from the oilsands have comprised less than 0.15 per cent of global emissions.
Provincial carbon taxes will continue to distort energy markets, raise energy and food prices, and reduce economic competitiveness.
The United Nation’s favoured approach would require massive wealth transfers and be wildly unpopular.
Ontario’s aggressive green-energy/green-tech approach led to soaring power prices for Ontarians.
The new tax scheme will cost a family of four about $338 extra in 2017.