Transition Brockville archive

Tag : Carbon tax (8)

Most households will get more than they pay from carbon tax

CTV News / 04 February 2020

A new analysis by Parliament’s budget watchdog has found that most households in provinces where the federal carbon tax applies will receive more money back in rebates than they will pay through the scheme — just not as much as projected last year.

“Under the federal government’s current rebate structure, most households will still receive more than what they pay in fuel charges,” parliamentary budget officer Yves Giroux said Tuesday.

“However, once the provincial and federal sales taxes on carbon pricing are accounted for, these amounts will be lower on a net basis when compared with the analysis in our previous report.”

[ FULL ARTICLE ]

Chamber of Commerce solidly backs carbon pricing

CBC News / Emily Chung / 17 December 2018

The Canadian Chamber of Commerce says the business community in Canada is solidly backing carbon pricing as the way for it to “play its part in the fight against climate change” — and it wants governments to stop playing politics and waffling about it.

The group, which bills itself as “the voice of Canadian business” and represents 200,000 companies across the country, released a report this past week, as international climate talks were wrapping up in Katowice, Poland, arguing strongly in favour of carbon pricing such as carbon taxes and cap-and-trade systems. It sees this as the most cost-effective way to transition Canada to a low-carbon economy and proposes how it would like to see carbon pricing implemented.

[ FULL ARTICLE ]

Flipping Canada’s carbon price debate

National Post / John Ivison / 19 September 2018

The Liberals’ Greenhouse Gas Pollution Pricing Act requires Ottawa to return tax revenue to the province where it was raised in cases where it has imposed a “backstop” carbon tax in the absence of a recognized provincial climate plan. Trudeau has indicated that, rather than sending a rebate to the governments of those provinces, he may choose to send the money directly to its households.

Research by environmental economist Dave Sawyer of EnviroEconomics suggests that in this scenario most households, regardless of income level, would receive more money from the federal government than they would pay in carbon taxes.

The Conservatives have long railed against the Liberals’ “tax on everything” but the study of three provinces suggests those households — particularly at the lower end of the income spectrum — would end up better off. The amount they receive would rise over time in line with the direct carbon tax, which will start at $20-per-tonne next January and rise to $50-a-tonne in 2022.

[ FULL ARTICLE ]

Climate change report

CBC News / 08 August 2017

Katharine Hayhoe of Texas Tech University says the conclusions of a new climate change report are among the most comprehensive issued.

Bill Gates: Only good government can save the climate

truthout / Alexander Reed Kelly / 29 October 2015

Bill GatesIn a recent interview with The Atlantic, Microsoft co-founder Bill Gates praised the U.S. government’s record in research and development and declared that the private sector alone cannot save the world from the ravages of climate change.

“There’s no fortune to be made,” Gates explained. “Even if you have a new energy source that costs the same as today’s and emits no CO2, it will be uncertain compared with what’s tried-and-true and already operating at unbelievable scale and has gotten through all the regulatory problems. … Without a substantial carbon tax, there’s no incentive for innovators or plant buyers to switch.”

[ FULL ARTICLE ]

Ontario plans cap-and-trade on greenhouse gas emissions

Globe and Mail / Adrian Morrow, Jane Taber, Sean Silcoff / 02 April 2015

Ontario Premier Kathleen Wynne is preparing to bring in a cap-and-trade system for greenhouse gas emissions, an ambitious move that could amount to the nation’s single largest salvo in the battle against global warming.

The new system would be linked with Quebec and California’s current cap-and-trade program, government and industry sources said, creating a carbon market of 61 million people and covering more than 60 per cent of Canada’s population.

Ontario Environment Minister Glen Murray is expected to present the plan to cabinet for approval within the next 10 days. It is believed to have widespread support among ministers already, one source said. The broad outlines of the system will be announced some time this spring – possibly around an interprovincial climate summit in Quebec City on April 13 – with full details worked out over the coming months.

[ FULL ARTICLE ]

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Transition initiatives share many of the same goals as other groups, and work collaboratively with a variety of organizations in their local areas. Transition differs in that it focuses specifically on preparing communities for the changes associated with unprecedented resource depletion and transitioning away from fossil-fuel dependency.

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