Reevely: Hating the carbon tax with nothing else to offer doesn't help anyone

By David Reevely, Ottawa Citizen, October 24, 2018

The federal Liberals have put up the most conservative climate-change plan Canada has ever seriously considered and Ontario’s conservative government hates it.

It is, as you know, a tax on carbon-heavy fuels, of $20 for every tonne of carbon dioxide they’ll emit when burned. In the involved provinces, including Ontario, the money will be rebated in equal shares to taxpayers. The tax will rise over time.

A carbon tax whose proceeds are returned this way — 90 per cent to individuals and 10 per cent to businesses, in this case — is the most conservative, economist-approved way of reducing greenhouse-gas emissions. Unlike most of our taxes, which skim off the top of wealth creation in various forms, a carbon tax punishes a behaviour we don’t want, namely polluting. This is the canonical right-wing approach to climate change.

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