Not exact matches
The actual
carbon pricing for all this is the same as the
carbon levy benchmark, i.e. $ 10 / tonne in 2018, rising to $ 50 / tonne in 2022 (see
Schedule 4 of the legislative proposal).
Once a
schedule for phasing in the
carbon tax and reducing the tax on income is in place, the new
prices can be used by all economic decisionmakers to make more intelligent decisions.
Forty countries and 24 sub-national regions (states, provinces, etc.) have already or are
scheduled to soon make polluters pay with a national or regional
price on
carbon.
It is impossible for the United States to meet President Obama's highly ambitious
schedule for reducing America's GHG emissions unless the US Government takes aggressive action to directly and indirectly put a
price on
carbon, and to directly and indirectly limit the production, supply, and availability of all
carbon fuels.
What more effective approach could there be in meeting President Obama's highly aggressive
schedule for reducing America's GHG emissions but for the US Government to directly and indirectly put a
price on
carbon; and to directly and indirectly limit the production, supply, and availability of all
carbon fuels?
But capping emissions on a fixed
schedule would produce its own uncertainties: if alternatives to fossil fuels (e.g., renewables, efficiencies,
carbon sequestration) materialized more slowly than planned, demand would not be met and
price rises would ensue.
(Thomson Reuters has projected a WCI
carbon price of $ 30 per tonne for 2013 - 20 — exactly the dollar figure that B.C.'s
carbon tax is
scheduled to hit next July.)