Prime Minister Justin Trudeau says the Conservative party has been successful at "scapegoating" the carbon price as the reason everything is more expensive.
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.
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The carbon tax means nothing if corporations are allowed to inflate their prices to offset the money they give to the government.
Without consumer protections, it’s a toothless meaningless gesture that removes exactly zero carbon from the atmosphere.
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.
Indeed, they are a direct instrument to manipulate green premiums.