Quote:
Originally Posted by shotinthebacklund
https://markcarney.ca/media/2025/01/...mer-carbon-tax
Mark Carneys plan for Climate action.
Promote fair competition and improve environmental outcomes by developing a Carbon Border Adjustment Mechanism.
- This is his introduced carbon tariff. A plan to make any goods coming into the country that do not come from a ( Climate action) country EG. all of them. to be subject to a Carbon Tariff.
Have big polluters pay consumers to lower their carbon footprint by developing and integrating a new consumer carbon credit market with the industrial pricing system.By linking the consumer carbon market, we will improve market efficiency and maintain fiscal neutrality, while the government will ensure price certainty for consumers that supports investment.
- I bet they will love just paying the carbon tax for everyone. No way that makes it down to the consumer level right?
Improve subsidies for heat pumps to make home heating more affordable by strengthening the current oil-to-heat pump affordability program, allowing low- and middle-income households to save more on their home energy bills.
Introduce new consumer incentives to lower costs for families investing in our clean future, such as through home retrofits. We will enhance and recapitalize the Greener Homes Grant and improve the efficiency of the application process. These measures will be targeted to lower income households.
- If you have ever tried to use these programs, you will know he means spend 50k and we will maybe try and give you 1500 back (eg windows) Targeted to lower income households, well, hope you own your home or that rent is going up because its been upgraded.
Phase out the use of fossil fuels in federal government buildings by 2030 to reduce government energy bills.
Implement a taxonomy for every priority sector by fall 2026. As a key early priority, we will kickstart the development of clear, science-based criteria to identify those economic activities that are in “transition.” These guidelines will apply to activities in the electricity, transportation, buildings, agriculture and forestry, manufacturing, and extractives sectors
- Someone will need to explain what the goal is here for me. Whats the goal here? How does it apply to climate policy?
Mandate broad coverage of climate risk disclosure for companies across Canada. This will increase transparency for investors to better assess climate risks and opportunities and help align capital towards a sustainable economy. We will prioritize working with provincial, territorial, and international partners and ensure disclosure requirements align with international best practice.
This sounds like its play by our rules or else to me... To bad for any industries they dont agree with.
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This is a great plan. It will destroy him in the polls.
His plan is literally to put a Carbon Tarrif on US and Chinese goods. It’s political suicide right now. Even if that is solely rebated and protects domestic manufacturing and energy production, and is what Europe is doing it’s going to play badly.
Now instead of a tax on everything it literally is a tax on everything. World wide this is the solution to let the market solve climate change. If the US did it too it would effectively force China to care too.
This was the fear post steel comments. Economically smart politically immature.