This may be all about Justin looking good to the UN. He may also believe that it is the correct way to go but there are many questions unanswered.
Since I asked the following in one of the many other threads on this topic I am seeking out an answer.
Anybody here from BC who has paid attention? So has it turned out to be revenue neutral in BC? If yes, what other taxes or costs went down?
Trudeau needs to clear the air. He needs to get up to the blackboard and show us his math.
http://forums.canadiancontent.net/c...er-cent-canadian-economy.html?highlight=price
The following which is well done and simplified shows us that everything we use will cost more. Again I ask, are Income Taxes or the GST/PST/HST rate going to come down to offset these taxes? I haven't heard of the yet.......
http://www.science20.com/science_motherhood/i_wanna_go_green…_so_show_me_math-2490
The most detailed article I could find is from The World Bank
Pricing Carbon
British Columbia
2008 The carbon tax applies to the purchase or use of fuels within the province. The carbon tax is revenue neutral; all funds generated by the tax are returned to citizens through reductions in other taxes.
CAD30 per tCO2e
http://www.worldbank.org/content/dam/Worldbank/document/SDN/background-note_carbon-tax.pdf
BC carbon tax may be revenue neutral over all but not for everyone. Since a great deal of the province has neither public transportation or natural gas these people pay an disproportionate share of the tax.
Even where I live in the middle of Vancouver island the gas line ends 8km from my house and transit consists of one day a week.