Canada must tax emissions quickly or suffer consequences, report says

authordefault
on

The warning was contained in an Environment Canada-sponsored report by the National Round Table on the Environment. Unless the government clearly communicates a new greenhouse-gas price schedule well in advance, the report said, it risks serious economic dislocation because people will not be wellย prepared.

The interim report can be found here. (pdf)

By showing emissions costs and letting industry prepare for the new environmental rules and penalties, Ottawa would reduce the chance of companies and provinces making bad investment decisions, which would further increase operating costs and severely damage theย economy.

The report was commissioned by Environment Minister John Baird, who had asked the round table to advise him on how to realize the Conservative government’s target of cutting greenhouse gas emissions by at least 60 per cent byย 2050.

authordefault
Admin's short bio, lorem ipsum dolor sit amet consectetur adipisicing elit. Voluptate maxime officiis sed aliquam! Lorem ipsum dolor sit amet consectetur adipisicing elit.

Related Posts

on

Critics fear that Equinorโ€™s latest UK education deal is aimed at quelling opposition to North Sea drilling.

Critics fear that Equinorโ€™s latest UK education deal is aimed at quelling opposition to North Sea drilling.
on

Green policy is under threat from corporate lobbying, right-wing parties and media and U.S. interference.

Green policy is under threat from corporate lobbying, right-wing parties and media and U.S. interference.
on

Partner firmโ€™s pivot to wood-chipping may yet harm forests, campaigners warn.

Partner firmโ€™s pivot to wood-chipping may yet harm forests, campaigners warn.
on

European fertiliser giant has launched a local โ€˜charm offensiveโ€™ to gain support for its chemical factory plan.

European fertiliser giant has launched a local โ€˜charm offensiveโ€™ to gain support for its chemical factory plan.