Trudeau’s climate plan ignores the science

During the election, Prime Minister Trudeau ran as a bold leader in the fight against climate change. Yet even if we agree that the voters have given Trudeau’s Liberals a mandate to enact policies to reduce greenhouse gas (GHG) emissions, these policies should still make sense. Unfortunately, several features of Trudeau’s climate agenda do not accord with standard economics. First and most obvious, Trudeau supports a carbon tax that will rise by $15 per tonne each year starting in 2023 until maxing out at $170/tonne in 2030. His support for a carbon tax is in line with what many economists would recommend, as they view it as an efficient (i.e. least costly) way to communicate the harm of GHG emissions to businesses and households as they make decisions.-- More...

MO' TAX CARBON BLUES: Big flaws in Trudeau's latest plan