Monday, April 23, 2007

A ridiculous proposal?

After being front page news last week that a serious attempt by Canadians to meet their Kyoto targets would cost $195/tonne in carbon taxes, this little article seemed to have slipped by. As we mentioned, the government's arguments rest on assumptions, and we were happy to see that UK economist Phillipe Crabbe pointed out that the government's price is contingent on it's time frame. Meeting Kyoto goals by 2008 would lead to excessive costs, but phasing in aspects of a climate change programme over several years would still allow Canada to meet its emissions targets while keeping any carbon tax cost to under $50 US/tonne.

Again then, we have a federal government looking to obfuscate and delay on an issue they claim to be concerned about.

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