Not my fault the government dragged its feet on renewables. Heaven forbid we approach things logically rather than emotionally.
BlademasterFlash on
Toronto Sun quoting the Fraser Institute. Not exactly the best sources here
imalyshe on
Like I’ve said many times before — and got downvoted for — corporations effectively influence government decisions.
When the government introduces a carbon tax, prices go up because companies pass the cost on to consumers instead of absorbing it.
When the government removes or reduces the carbon tax, prices don’t come back down — companies simply keep the higher margins.
Then the tax is introduced again, prices rise again, and the cycle repeats — with corporations benefiting each time while consumers keep paying more.
Wind_Best_1440 on
Prices will go up regardless of carbon taxes or not, because Canada is nothing but monopolies and duopolies. You can easily have Carbon taxing and have prices decrease.
How?
Competition, take food for example. If you broke up the major players, METRO, LOBLAWS ectect, and split them into 20 smaller business’s. They would be forced to compete against each other to lower prices to attract customers.
Same for telecoms, same for everything. You break up the larger business’s and then they compete.
And for those people saying. “No, that doesn’t work” It literally did back during the times of oil and gas and monopolies with railroads. A lot of those business’s ended up broken up and it led to a giant spark of greater economic out put.
When you have monopolies, how do they make more money each quarter? They already saturated the market, because they are the market.
They raise prices for everything, a couple cents here and a dollar there. They turn it slightly make an extra 5-10% profit each time, continue making record revenue and profit and keep doing it. That’s not capitalism, that’s pretty much communism. Because that’s all monopolies are, its communism. Except none of the money goes back to the people and stays in the handful of the ultra 0.1% of wealth, while people pay $100 worth of groceries and only manage to take home one pack of chicken, one loaf of bread, some frozen veggies and your choice of dried goods.
Meanwhile you paid $20 for the exact same list 6 years ago.
Top-Expression7891 on
In other news: water is wet.
Wolfman-101 on
But I thought the carbon taxes were imaginary according to the liberals during every single question period answer in the House of Commons when this gets brought up by conservatives?
Cosmobeast88 on
carneys mission is almost complete
biscuitchan on
Prices go down if you’re not actively forced to use such ridiculously inefficient fuel but sure
Comprehensive-Belt40 on
It’s what we voted for.. we should be thankful that Carney is increasing the cost of living to unbearable level. In my opinion, he should 4x carbon tax now so only the rich can afford to live. Why wait 20 years to kill a country?
Corporations will increase price anyway. Carbon tax doesn’t increase cost of goods as liberals repeatedly tells me.
Increase the current industrial carbon tax from $110 per ton to $110,000 per ton. No inflation. Only greedy inflation
Then jail CEOs of all companies that increase the price by too much because since carbon tax doesn’t increase inflation, that means CEOs are lying when they are forced to increase price by $3-4x. Hence collusion, jail them.
Canada revenue will go up by alot because tax goes up 1000x. No inflation because liberals tells me so.
it’s illegal corporation’s scheme when price goes up.
Dapper__Viking on
Don’t worry, the temporary foreign worker program can always be expanded even more to further exacerbate these job losses.
Thank you for your attention to this matter
TheDukeU1984 on
Seems like this is the hill the Liberal party wants to die on, if they do its a sure win for the conservatives next election.
Franklin_le_Tanklin on
Where’s the second half of the study showing how much will be lost if our planet gets too hot so we can do a proper comparison?
Narrow-Map5805 on
Lower wages, jobs, and economy are scare tactics corporations use when the actual issue is a decrease in their obscene profits.
Winter8Bones on
The cost is minimal and worth it in the long term. Climate change itself is already making a larger impact on our economy to the tune of tens of billions lost each year and thousands of jobs lost. That’s happening right now and it hurts workers, cities and governments across the board, across the country. Carbon taxes will not fix the problem on their own, I fully acknowledge that, but they will help us adapt and mitigate some of the harms and costs down the road. Carbon taxes are worth the cost.
BleuStLaurent on
The carbon tax will create jobs in a low-carbon industry for a generation of workers. This industry could be replicated across other provinces to reduce Canada’s overall carbon footprint, and in doing so, boost hydrocarbon exports to countries with strict environmental standards, such as the EU, securing Canadian exports free from ecological tariffs.
ImmediateDentist1269 on
This just in, the Fraser Institute predicts taxes hurt the economy.
This is basically the ideological premise of the think tank. Does their study review the long term effects on the economy and environment (which the economy is contained within) of focusing on energy alternatives or using the carbon taxes to fuel alternatives? Or just focusing on the disincentives (which is tax is meant to do).
AWE2727 on
We shouldn’t even have a carbon tax of any kind. Because it’s just a tax for the government to make money!
It does nothing!
Just the Lords of the land taxing the peasants who live there. Nothing has really changed in 100’s of years….
The--Majestic--Goose on
The carbon tax was conceived as a conservative market based solution to the climate crisis. The first government to implement it in Canada were the conservative BC Liberals (not associated with the federal Liberals).
The cost of inaction in the face of a warming climate is going to be way more expensive than what they raise the carbon price to. If you think the carbon tax makes groceries more expensive, wait until you see what droughts, floods and fires do to grocery prices.Â
The worst emitters are not paying their fair share when it comes to the devastating impact they are already having on our economy. We spend billions each year dealing with the consequences of climate change. If businesses don’t want to pay as much tax, they can adapt to more climate friendly business models.
sorvis on
World at war
No other countries that pollute more then us do this
Sure tax Canadians to reduce our carbon footprint sounds fine….
Why are Canadians too nice
sdbest on
The whole point of carbon pricing is that encourages people and business to reduce their use of fossil fuels through alternatives or conservation. When that happens the amount paid is actually low or non-existent.
touchdown604 on
Carbon Tax is the biggest scam of my lifetime
raz_kripta on
…and without a price on carbon, ***civilization will collapse***. Most Canadians – along with 90% of the global population – will die. Canada will collapse as a country.
That’s no hyperbole, it’s pure physics. You can’t continue to emit GHGs forever and expect the climate to stay the same. We’re already headed for 3°C warming in our lifetime …and emissions are still going up.
Yes, we have an **affordability crisis** now but don’t make it into a **survival crisis**. Pricing carbon is literally the most effective and fair way to reduce greenhouse pollution. If you can’t afford to pay 10¢ more per Litre of gas to literally give your children & grandchildren a chance at a liveable future, you need to check what’s wrong with your moral compass. This is literally long-term survival of the species we are confronting.
seannybravo on
*Shocked Pikachu Face
Western2486 on
People don’t understand that this tax actually benefits us. The money goes directly back into government benefits. Why are people being so PP brained
bachusky on
AI will be far far worse…
GR33N15 on
Can someone explain how tax dollars obtained through carbon taxes and green initiatives translate to a greener environment?
We kneecap ourselves and virtue signal at the cost of our own quality of life and income but this is supposed to be good somehow. The largest economies in the world do not practice these policies and never will because it’s asinine and unproductive. We all get poorer because of it. Ridiculous systems of carbon credits and incentives and government programs are all nonsense made up fallacies that people actually vote in favour of without actually thinking about the full picture and how it affects them negatively. It’s anti business, anti trade, anti competitive and yet I still see people parroting these talking points every day. Enough is enough. Wake up.
Ok-Win-742 on
Lmao I remember all the liberals ranting and raving about how Carney “removed” the Carbon Tax when he got elected like it was some sort of victory.
The dude is just a liar. Plain and simple.
Cardio-fast-eatass on
NO KIDDING
burger8bums on
Impoverish a county with a lower population than California to send a message? To who? Why? Canadians deserve better.
deadeye09 on
Weird! I swear someone was warning us about the impact of carbon taxes around election time….
31 Comments
No shit
Not my fault the government dragged its feet on renewables. Heaven forbid we approach things logically rather than emotionally.
Toronto Sun quoting the Fraser Institute. Not exactly the best sources here
Like I’ve said many times before — and got downvoted for — corporations effectively influence government decisions.
When the government introduces a carbon tax, prices go up because companies pass the cost on to consumers instead of absorbing it.
When the government removes or reduces the carbon tax, prices don’t come back down — companies simply keep the higher margins.
Then the tax is introduced again, prices rise again, and the cycle repeats — with corporations benefiting each time while consumers keep paying more.
Prices will go up regardless of carbon taxes or not, because Canada is nothing but monopolies and duopolies. You can easily have Carbon taxing and have prices decrease.
How?
Competition, take food for example. If you broke up the major players, METRO, LOBLAWS ectect, and split them into 20 smaller business’s. They would be forced to compete against each other to lower prices to attract customers.
Same for telecoms, same for everything. You break up the larger business’s and then they compete.
And for those people saying. “No, that doesn’t work” It literally did back during the times of oil and gas and monopolies with railroads. A lot of those business’s ended up broken up and it led to a giant spark of greater economic out put.
When you have monopolies, how do they make more money each quarter? They already saturated the market, because they are the market.
They raise prices for everything, a couple cents here and a dollar there. They turn it slightly make an extra 5-10% profit each time, continue making record revenue and profit and keep doing it. That’s not capitalism, that’s pretty much communism. Because that’s all monopolies are, its communism. Except none of the money goes back to the people and stays in the handful of the ultra 0.1% of wealth, while people pay $100 worth of groceries and only manage to take home one pack of chicken, one loaf of bread, some frozen veggies and your choice of dried goods.
Meanwhile you paid $20 for the exact same list 6 years ago.
In other news: water is wet.
But I thought the carbon taxes were imaginary according to the liberals during every single question period answer in the House of Commons when this gets brought up by conservatives?
carneys mission is almost complete
Prices go down if you’re not actively forced to use such ridiculously inefficient fuel but sure
It’s what we voted for.. we should be thankful that Carney is increasing the cost of living to unbearable level. In my opinion, he should 4x carbon tax now so only the rich can afford to live. Why wait 20 years to kill a country?
Corporations will increase price anyway. Carbon tax doesn’t increase cost of goods as liberals repeatedly tells me.
Increase the current industrial carbon tax from $110 per ton to $110,000 per ton. No inflation. Only greedy inflation
Then jail CEOs of all companies that increase the price by too much because since carbon tax doesn’t increase inflation, that means CEOs are lying when they are forced to increase price by $3-4x. Hence collusion, jail them.
Canada revenue will go up by alot because tax goes up 1000x. No inflation because liberals tells me so.
it’s illegal corporation’s scheme when price goes up.
Don’t worry, the temporary foreign worker program can always be expanded even more to further exacerbate these job losses.
Thank you for your attention to this matter
Seems like this is the hill the Liberal party wants to die on, if they do its a sure win for the conservatives next election.
Where’s the second half of the study showing how much will be lost if our planet gets too hot so we can do a proper comparison?
Lower wages, jobs, and economy are scare tactics corporations use when the actual issue is a decrease in their obscene profits.
The cost is minimal and worth it in the long term. Climate change itself is already making a larger impact on our economy to the tune of tens of billions lost each year and thousands of jobs lost. That’s happening right now and it hurts workers, cities and governments across the board, across the country. Carbon taxes will not fix the problem on their own, I fully acknowledge that, but they will help us adapt and mitigate some of the harms and costs down the road. Carbon taxes are worth the cost.
The carbon tax will create jobs in a low-carbon industry for a generation of workers. This industry could be replicated across other provinces to reduce Canada’s overall carbon footprint, and in doing so, boost hydrocarbon exports to countries with strict environmental standards, such as the EU, securing Canadian exports free from ecological tariffs.
This just in, the Fraser Institute predicts taxes hurt the economy.
This is basically the ideological premise of the think tank. Does their study review the long term effects on the economy and environment (which the economy is contained within) of focusing on energy alternatives or using the carbon taxes to fuel alternatives? Or just focusing on the disincentives (which is tax is meant to do).
We shouldn’t even have a carbon tax of any kind. Because it’s just a tax for the government to make money!
It does nothing!
Just the Lords of the land taxing the peasants who live there. Nothing has really changed in 100’s of years….
The carbon tax was conceived as a conservative market based solution to the climate crisis. The first government to implement it in Canada were the conservative BC Liberals (not associated with the federal Liberals).
The cost of inaction in the face of a warming climate is going to be way more expensive than what they raise the carbon price to. If you think the carbon tax makes groceries more expensive, wait until you see what droughts, floods and fires do to grocery prices.Â
The worst emitters are not paying their fair share when it comes to the devastating impact they are already having on our economy. We spend billions each year dealing with the consequences of climate change. If businesses don’t want to pay as much tax, they can adapt to more climate friendly business models.
World at war
No other countries that pollute more then us do this
Sure tax Canadians to reduce our carbon footprint sounds fine….
Why are Canadians too nice
The whole point of carbon pricing is that encourages people and business to reduce their use of fossil fuels through alternatives or conservation. When that happens the amount paid is actually low or non-existent.
Carbon Tax is the biggest scam of my lifetime
…and without a price on carbon, ***civilization will collapse***. Most Canadians – along with 90% of the global population – will die. Canada will collapse as a country.
That’s no hyperbole, it’s pure physics. You can’t continue to emit GHGs forever and expect the climate to stay the same. We’re already headed for 3°C warming in our lifetime …and emissions are still going up.
You don’t want to see what [life is like on a 4°C warmer Earth](https://www.paragkhanna.com/2016-3-9-the-world-4-degrees-warmer/)
Yes, we have an **affordability crisis** now but don’t make it into a **survival crisis**. Pricing carbon is literally the most effective and fair way to reduce greenhouse pollution. If you can’t afford to pay 10¢ more per Litre of gas to literally give your children & grandchildren a chance at a liveable future, you need to check what’s wrong with your moral compass. This is literally long-term survival of the species we are confronting.
*Shocked Pikachu Face
People don’t understand that this tax actually benefits us. The money goes directly back into government benefits. Why are people being so PP brained
AI will be far far worse…
Can someone explain how tax dollars obtained through carbon taxes and green initiatives translate to a greener environment?
We kneecap ourselves and virtue signal at the cost of our own quality of life and income but this is supposed to be good somehow. The largest economies in the world do not practice these policies and never will because it’s asinine and unproductive. We all get poorer because of it. Ridiculous systems of carbon credits and incentives and government programs are all nonsense made up fallacies that people actually vote in favour of without actually thinking about the full picture and how it affects them negatively. It’s anti business, anti trade, anti competitive and yet I still see people parroting these talking points every day. Enough is enough. Wake up.
Lmao I remember all the liberals ranting and raving about how Carney “removed” the Carbon Tax when he got elected like it was some sort of victory.
The dude is just a liar. Plain and simple.
NO KIDDING
Impoverish a county with a lower population than California to send a message? To who? Why? Canadians deserve better.
Weird! I swear someone was warning us about the impact of carbon taxes around election time….