http://edmontonjournal.com/news/poli...-energy-prices
Quote:
|
There are a few mechanisms it could use, but whatever happens, government officials said power companies will not take the hit if the wholesale cost of producing power rockets past 6.8 cents (for example, if the price of natural gas goes up or a power plant has a massive generator failure). Officials floated options, including the government physically buying power for four years or using carbon tax funds to plug the gap if producing power gets past 6.8 cents.
|
So the theory is that you put in a carbon tax, that raises the cost of energy, with the goal of getting people to lower their energy usage. Then if the price gets too high you take that carbon tax money and use it to lower the price of energy. But not too low! because we are trying to discourage power consumption. But not too high! because we don't want to lose voters.
I have a better idea, how about they just quit screwing with the energy structure and scrap the stupid carbon tax.