‘I look forward to Pierre Poilievre’s contortions in the funhouse mirror.’ Carbon tax best for Canada? Plus other letters to the editor for April 10
: Columnist Andrew Coyne notes that the Parliamentary Budget Officer uses an implausible benchmark that assumes the government would take no action to address the climate emergency. He suggests that a more realistic benchmark would factor in higher cost alternatives to carbon pricing, such as subsidies and regulation.
Climate change is already damaging infrastructure, destroying assets and causing avoidable illness and death. Canadian households simply can’t afford not to have a robust national carbon pricing system.Try driving that big car less, turning the thermostat down in the winter and up in the summer, insulating the house and turning off the lights . Just a few suggestions to be closer to a net winner in the rebate “money grab” – and have a cleaner world.
Let the market do its magic and get rid of all the bureaucratically decided subsidies. Want investments and progress? That’s the way to do it.If carbon taxes are truly revenue-neutral, why should they be costly? That depends on policy design. The form in which the tax is levied, and the form in which revenue is returned to taxpayers, would determine its net economic impact. This net impact could be negative, as shown by the Parliamentary Budget Officer, specifically tied to the federal tax design that provides fiscal benefits to households at the expense of capital.
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