Carbon Tax May Bring Down Canadian PM Justin Trudeau

Justin Trudeau has a problem: the only way his government can keep a promise is to make millions of voters angry just as the next federal election rolls around. It’s a pickle, but it’s one of his own creation. The promise (threat?) was to impose a federal carbon tax next year on any province that did not develop a version of its own that met federally dictated benchmarks. The tax would begin at $10 per emitted tonne of carbon dioxide before rapidly increasing to $50 per tonne by 2022 — estimated to be equivalent to more than 11 cents per litre of gasoline. This is all, of course, in the name of meeting Canada’s international pledges to reduce our CO2 emissions. -- More...