Once given the chance, bureaucrats anywhere will ratchet up a carbon tax until there is no energy use left to penalize.
Financial Post (10/8/20) reports: "The parliamentary budget officer says the federal carbon tax would have to rise over the coming years if the country is to meet emission-reduction targets under the Paris climate accord. The issue is by how much and whether the costs are shared broadly. The carbon tax is already set to rise to $50 per tonne of emissions by 2022 and the Liberals have not said what the path for the levy might be after that. In a report this morning, budget officer Yves Giroux estimates the tax will have to rise to $117 per tonne by 2030 if it is applied to all industries. But if the government caps the levy at $50 per tonne for big industrial emitters, households and other sectors of the economy would have to cover the difference, requiring a levy of $289 per tonne in 2030. The scenarios envisioned by the budget office assume the federal fuel charge applies to all provinces and territories post-2022, and that carbon taxes are the only measure used to close the emissions gap."
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"[Domestic energy] powers the nation, provides affordable food, clothing, and consumer goods. It lowers the prices on anything transported and manufactured. Energy allows travel and tourism for the masses. Domestic energy frees us from the geopolitics of war and terrorism, and affords us the freedom to live in peace, prosperity, and opportunity."
– Daniel Turner, Power The Future
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