http://www.cbc.ca/news/canada/calgar...883181?cmp=rss
Carbon tax revenues should go to oil industry, says CAPP
I rolled my eyes when I read this headline, but it actually makes a lot of sense. What better way to boost the industry as a global "green" oil powerhouse than to invest in technology that reduces emissions for something that, lets face it, we all need for the foreseeable future. Taxes could be paid back to the industry for implementations of reduction technology based on how much reduction they achieve.
I don't think we should be handing it out for research, only implementation. If we hand out research grants they should go to our universities.