Comment
I disagree vehemently with this proposal. Cap and trade and carbon taxes are proven methods for reducing CO2 output. The Cap and trade system puts the onus on industrial emitters whereas a carbon tax directly costs everyone who uses products, mostly fossil fuels, that produce CO2 emissions. Cap and trade is a much more difficult system to regulate but because it doesn't put the costs directly on the consumer and would cost little to the average person to continue implementing.
Not only will this system hurt is in not reducing carbon emissions, but it will cost the government billions in replaying those companies who have purchased carbon offsets. And furthermore, it will likely result in the levelling of carbon taxes from the federal government which more directly affect the consumer. The federal government has made it clear that they will enforce their own taxation system on carbon if provinces don't do it themselves.
For a government that came in with the goal of reducing the cost of government, spending billions to get out of cap and trade directly as well as indirect costs such as removing the structure that existed to collect the licenses is a nonsensical move. I call on the government to reconsider its decision to repeal cap and trade in the strongest terms possible.
Submitted September 21, 2018 9:28 AM
Comment on
Bill 4, Cap and Trade Cancellation Act, 2018
ERO number
013-3738
Comment ID
6001
Commenting on behalf of
Comment status