Prime Minister Justin Trudeau says the Conservative party has been successful at "scapegoating" the carbon price as the reason everything is more expensive.
False. Carbon taxes aren’t a corporate penalty so much as a market manipulation tool. What you describe is precisely the expected behaviour.
Carbon prices raise the cost of things that are killing us to reduce their appeal in the market. We can then apply that revenue to less lethal alternatives to drive down their costs as well, doubling the positive effect on the market.
Which wasn’t necessarily a disaster, when the two of them were different shades of small-L liberal. Now we get to bounce between neoconservative douchebags and neoliberal douchebags and we get the worst of both worlds.
Eh. I feel it’s more like “by pandering to Atlantic MPs, Trudeau brought the carbon price back into public attention, and showed that he’d mess with it for political points.”
The carbon price is a great policy. The additional rural and income based related are excellent.
Randomly exempting some group you want votes from was stupid.
This. They could’ve offered literally any other plan, like saying “we’re charging fuel-burning home hearing per BTU so oil doesn’t cost much more than natural gas and offering more subsidies for heat pumps.” or something.
“So this scheme that’s mathematically proven to be profitable to most of you guys even if you won’t believe it? We’ll put an end to it thus reinforcing your wrong idea.”
Do the people now exempt stop receiving a cheque too?
this scheme that’s mathematically proven to be profitable to most of you guys even if you won’t believe it?
I live in a rural region of the Atlantic Provinces. People are chuffed as hell to get a mini-split - not only is it cheaper, it’s also air conditioning. It’s a regular topic of conversation at kids events and grocery stores.
It’s highly likely that people still on oil are in a bad spot. Either they are:
renters who pay for heating oil,
they are out of touch and unaware of the programs,
they looked into it in the past and bounced off the byzantine maze of bureaucracy you need to navigate to get the zero interest loans (this has been “fixed” by third parties who do it for you),
What I’m saying is that this tax benefits them because they receive a cheque to compensate and unless they own a business that needs to burn petrol then they’re receiving more than they’re paying.
It would only be fair that if people are now exempted from the tax, they shouldn’t receive the cheque (just like the people living in provinces that already had a carbon tax or equivalent in place don’t get a cheque from the federal government since they don’t pay the federal tax) and maybe then they would realise that they were complaining about something that actually made them richer!
Not only that, so far every place that has removed their local tax has seen prices go back up as the industry just raised its prices to compensate, easy profit for them because the majority is simply uninformed and believes the tax is to blame even if it doesn’t exist anymore.
Trudeau is right, however, Canadian consumers were footing the bill due to price adjustments accounting for the carbon tax imposed on corporations. Corporate greed succeeded.
Well, except for a few major points. Rebates sending more back to most people, those with energy efficient lifestyles avliding the tax and the fact that the tax incidence was not 100%.
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