Proof That a Price on Carbon Works

gerryh

Time Out
Nov 21, 2004
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Companies that reduce emissions (regardless of market forces) pay less tax to begin with, because their emissions are taxed.

The lesson here is that the producers have far more agency over emissions than consumers, and there is a much bigger incentive for business for them to reduce emissions and save on the tax.



You didn't answer a single question I posed. Well, if nothing else, you are consistent.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Companies save on tax when they reduce emissions and much of the tax revenue from the carbon tax is offset by a reduction in corporate taxes.

This gives them an incentive to stay and reduce their emissions.
 

Dixie Cup

Senate Member
Sep 16, 2006
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You're confusing Hong Kong with central China. You're also confusing per capita vs. total output.

Considering Hong Kong's population and Shenzhen's population right next to it, the two cities combined reaching near Canada's total population, Hong Kong's air was remarkably pleasant. Not as clean as Canada's, but if Hong Kong polluted like Canada does on a per capita basis, Hong Kong would be worse than Beijing!

Hong Kong's air was clean enough that I could enjoy it. I'm sure the following played a role in making the air so pleasant in Hong Kong:

1. A high carbon tax.

2. No transit subsidies. All funding of public transit is supported by commuter fares.

3. More user-pay transit fares. A subway ticket between two neighboring stations is less expensive than between distant stations, and bus fares vary depending on distance covered too. Many buses are like taxis with no stop in between, all on board going to the same location.

Transit passes do exist, but you have to scan it when you enter and again when you exit. To enter, you must have enough money on the card to cover the most expensive possible fare.

Canada can certainly learn from Hong Kong's user-pay system.


And what type of salary would one command to be able to live there comfortably? The cost of living is very high there.

BC's had a carbon tax for about...8 years now?

Huh.



So has Alberta - on the oil companies, which means of course that we all paid in one way or another.


In fact, Alberta was one of the first provinces to have a carbon tax! The Dippers want to increase it though - need the money. Go figure!


JMHO
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
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....or not to have decided to leave yet.

Either way the cost of living would be considered reasonable if so many people are willing to continue contributing.

This idea that life should always come cheap is naive when it's actually about values and what people will go through to support those values.
 

CDNBear

Custom Troll
Sep 24, 2006
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Ontario
This idea that life should always come cheap is naive when it's actually about values and what people will go through to support those values.
It's easy for you to say that while collecting ODSP and being supported by your family.

There are countless people out there that struggle to make ends meet. Who have to decide whether to pay the hydro bill or their rent or buy food.

I know that doesn't matter to someone like you, but it is still a reality.
 

petros

The Central Scrutinizer
Nov 21, 2008
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Low Earth Orbit
And yet it is widely acknowledged that their economy and the carbon tax is a success.

What is the economy? Billions upon billions upon billions of investment in the Asia Pacific Gateway that I must say producered some very nice, long overdue infrastructure to get prairie goods to the ports. Still a long way to go so expect the BC construction economy to stay good for a few more years. Check it out, VIA will sell you a gimp ticket at 50% off.