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Costs of Ontario climate plan would be double Liberal carbon tax, raise household costs: report
Tuesday, June 4th, 2019
The Clean Prosperity report found that the cost of the Ontario plan would be more expensive largely because it would “cherry pick” certain sources of emissions to cut and would cost $334 million in 2022, or $62 per tonne of greenhouse gas emissions removed. The federal plan would cost $214 million in 2022, or $40 per tonne… Economists say economy-wide taxes are the most efficient way to lower greenhouse gas emissions.
Tags: budget, economy, ideology, tax
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