The government will also give LNG Canada and other large emitters
a break on carbon taxes, if they can meet strict new benchmarks for reducing greenhouse gas emissions, and will aggressively pursue electrification of natural gas fields.
Not exact matches
«The
break - even
carbon tariff we calculated, which is at the range of $ 105 - 129 per ton of
carbon dioxide, depending
on the possible
carbon tax to be imposed by these two regions in the near term, is close to the reported CO2 capture and sequestration cost,» You said.
He had campaigned
on enacting a revenue - neutral
carbon tax, but noted that Republican primary voters started to
break out in hives
on mentioning
carbon and moved toward anaphylactic shock at the word
tax.
Here's what is required (leaving aside Theresa May's electorally hamstrung inability to deliver much of it): The entire cabinet and every business leader the government's black book can muster,
on stage for the launch of the new strategy; an explicit declaration that this, full decarbonization of the economy, is the post-Brexit economic strategy; clear and attractive retail policies, such as a diesel scrappage scheme,
tax breaks for green investment, new apprenticeships, a green home building program; an open invitation to all opposition party leaders to share a platform to support the plan with a declaration that while they may not agree
on every component they fully endorse the over-arching goal; a willingness to shame those party leaders who play party politics and refuse to turn up; a fortnight - long program where each day sees a new cabinet member explain how the plan will transform parts of the economy; a Royal Commission
on the flaws of GDP as an economic measure and the viability of alternative quality of life metrics; and, yes, a brave assertion that
carbon intensive industries will have to transform or be scaled back, backed by a decarbonization adaptation fund to help affected communities respond to this global trend.
[applause] And we pay for all of it by taking away
tax breaks for oil companies and putting a price
on carbon pollution - a step that will also reduce our
carbon emissions 80 % by 2050.
It is this microeconomics that forms the basis of the design of emissions trading schemes (or
carbon taxes), proposals to
tax traffic congestion, indeed pretty much all of
tax policy, proposals to
break up Telstra, and so
on.
They a) use a legion of lobbyists to push Washington to oppose
carbon pricing policies, limit
tax breaks to renewable energy, and keep their own generous subsidies in place (remember, Exxon spends more
on lobbying than the entire domestic clean energy industry combined).
«Fossil fuel subsidies work against Canada's commendable progress in putting a price
on carbon — they give money and
tax breaks to the sources of
carbon pollution that we're trying to scale back,» Amin Asadollahi, North American Lead
on Climate Change Mitigation at the International Institute for Sustainable Development, said.