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Originally Posted by Aarongavey
Taking away the obvious climate change denial underpinnings of your concerns about the effect on low income Canadians, EV’s are cheaper than ICE vehicles. That is why I bought one, I bought the cheaper vehicle when you amortize cost over the lifetime of the vehicle.
I am assuming that this zeal for low income people also extends to you supporting making sure the 1% pay their fair share when it comes to capita gains taxes, that a dollar earned whether it is through employment or investment should be taxed the same way? Or is it just on climate change initiatives?
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First of, to think that the implementation of the carbon tax in Canada will move the needle of climate change in a positive direction is complete bull####. Canada already contributes basically nothing to worldwide carbon emissions, and please tell me you don't actually think the carbon tax is the reason EVs are growing in popularity. The fact is that even without the tax, many of the advancements in the field of clean energy & overall carbon emission reduction would happen regardless of whatever tax the Liberals are pushing. This is evidenced by what China, Europe, the US and many other BIG economies are doing despite NOT having a carbon tax. Effectively the implementation of the carbon tax, where it is tax that the consumer pays, instead of a incentive that encourages big business to invest in clean energy, basically means that it will disproportionately affect households in a net negative manner, while the 'emitters' will continue passing on the costs.
This is also evidenced by the report from the PBO, which clearly states that household are absolutely not coming out ahead, and it will continue to get worse. So whatever rebate you are so proud of getting, and whatever no interest loan you got to slap on some solar panels, it doesn't actually magically make every household come out ahead. And the fact that you are even in a position to buy an EV, or qualify for a loan to place solar panels, means that you are in the top 1% of income earners in Canada. The fact that you are so ignorant as to not see how most middle to lower class families have the means to take similar action is the same typical elitist stupidity that is clearly evidenced by the supporters of the carbon tax, including those who are lying that consumers will come out ahead.
From the PBO. Which apparently PepsiFree and his gang of cheerleaders haven't had the time to read.
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Under the Government’s A Healthy Environment and A Healthy Economy (HEHE) climate plan, the federal carbon levy is set to rise by $15 per year from $50 per tonne in 2022 until it reaches $170 per tonne in 2030.
When losses in economic efficiency are added to fiscal impacts of federal carbon pricing, the net carbon cost increases for all households in Ontario, Manitoba, Saskatchewan and Alberta.
Most households in provinces under the backstop will see a net loss resulting from federal carbon pricing under the HEHE plan. That is, household carbon costs will exceed the Climate Action Incentive payments households receive.
Relative to disposable income, our estimates of household net carbon costs continue to show a progressive impact that is, larger net costs for higher income households.
We estimate that carbon pricing under HEHE will reduce the budgetary balance (increase the budgetary deficit) by $0.9 billion in 2021-22 and ultimately by $5.2 billion in 2030-31.
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https://www.pbo-dpb.ca/en/publicatio...t-sain-une-eco
But wait, Fuzz and the gang said that most households will come out ahead, didn't they? But hey, its just the PBO. The supposed neutral, non-partisan party independent of government. What do they know?
If we really want to reduce worldwide carbon emissions, which is the goal right? Then we should be developing our fossil fuel technology and exporting it to the rest of the world. As of 2020, coal still generated 40% of the world's electricity. I'm sure that number has come down since, but it is moving far too slow. But hey, as long as you and the cheerleading section can signal to the rest of the world how 'green' you are. Congrats.
