Quote:
Originally Posted by MattyC
Isn't that exactly what's happening here?
You may not agree with the needs, or the measures, but that is what is happening, no?
The province needs diversification, both in energy generation and industry. Those happen to be the same thing here. They are using a tax measure to garner enough revenue to attempt to jump start those needs.
I agree with most that there is very poor timing and some idealism over pragmatism taking place in the short term here. By doing that they could end up creating lag effects that drag the recession longer than it may otherwise be once oil booms again if they had just waited for that to happen again.
Maybe none of this will happen and Alberta will become the soviet wasteland everyone seems to fear/hope for here.
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It might be, I am disagreeing with the premise that a good implementation of a carbon tax would only be spent on diversification. It might be prudent right now to spend on diversification but the concept of dedicated taxes to specific purposes is flawed.