If people expect the government to bail them out, they will under-insure and over-build in hazard-prone areas.
greenhouse gas emissions
By subsidizing wind and solar power, the government undercuts its own policy.
It seems that governments in Canada have no intention of getting carbon pricing right.
Governments use carbon tax revenues to advance their political agendas.
According to Environment Canada, to meet our Paris treaty commitments Canada needs a carbon tax of up to $300 per tonne of greenhouse gases.
Governments know people won’t accept the level of carbon taxation necessary to achieve current GHG targets, so they hide most of the cost in regulation.
Canada is pursuing costly new carbon taxes and regulations.
Jane Fonda accused Prime Minister Trudeau of having “betrayed” his commitments in the Paris climate agreement.