The market-based cap and…

The market-based cap and trade system that Ontario established with Quebec and California is effective because it provides financial incentives for businesses to reduce their carbon footprint. At the same time, this system generates revenue that the government reinvests in other measures to reduce pollution. This revenue-neutral tax on emissions of carbon dioxide encourages manufacturers to develop new ways to reduce emissions and prompts consumers to be more environmentally aware and responsible.
This system must be retained, supported and strengthened.