The Canadian Prime Minister, Stephen Harper, has announced that he will not be introducing a carbon tax, much to the dismay of environmentalists and scientists. A carbon tax is a common policy tool used to reduce greenhouse gas emissions by taxing those who produce them.
Harper's decision could have major implications for Canada's climate change negotiations, as it signals that the country may be less likely to support measures such as the Kyoto Protocol. To know more about the carbon tax, you must visit https://www.canadianparvasi.com/.
The Canadian Prime Minister, Stephen Harper, recently announced that he will not be enacting a carbon tax, instead preferring to rely on the market to price carbon. This decision is in stark contrast to the Obama administration's aggressive pursuit of a carbon tax – one of the key climate policy tools available to reduce greenhouse gas emissions.
What are the advantages of each approach?
-A carbon tax is one of the most efficient ways to reduce greenhouse gas emissions. The tax would directly impact companies that produce emissions, making them more cost-effective in reducing their output.
-A carbon tax could also help stimulate investment in clean energy technologies.
-A carbon tax is also popular with voters. A poll conducted by Globe and Mail in early 2013 found that a majority of Canadians (58%) support a carbon tax as part of a broader climate change plan.