Canadian PM Trudeau proposes significant prices to be put on carbon emissions

first_imgCanadian PM Trudeau proposes significant prices to be put on carbon emissionsPrime Minister Justin Trudeau set out a plan to put a CAD 10 (USD 7.6) per tonne price on all carbon pollution by 2018, which would then rise to CAD 50 per tonne by 2022, as he shows a stern resolve to tackle climate change head on, while stimulating the Canadian economy at the same time. October 4, 2016 Sam Pothecary Markets Markets & Policy Technology Technology and R&D Share In an impassioned speech to the House of Commons, Canadian Prime Minister Trudeau presented a strong proposal to reduce carbon pollution by putting a price on all carbon by 2018. Trudeau had already outlined his support for a clean energy transition, and this plan showed that he is serious in acting now to cut emissions and to use it as a springboard for new opportunities in the Canadian economy.The Prime Minister started his speech by speaking of failings by previous governments and the effect that these failings have already had. He didn’t dance around the topic of climate change, like so many leaders have in the past, and continue to do, but instead confronted it head on, and showed a clear resolve to tackle it.“After decades of inaction, after years of missed opportunities, we will finally take real and concrete measures to build a clean economy, create more opportunities for Canadians, and make out world better for our children and grandchildren,” Trudeau stated. “Mr. Speaker, we will not walk away from science, and we will not deny the unavoidable.”Carbon polluters pay the priceNot wanting to make wishy-washy statements, the PM went on to outline a clear plan to reduce carbon emissions by putting a price on carbon across the whole country as of 2018. The proposed price will start at a minimum of $10 per tonne in 2018, going up a further $10 each year, to eventually reach $50 per tonne in 2022. At this stage it will be reviewed again.Interestingly, different areas of the country would have a choice for how to incorporate this price, by either adding it directly onto carbon pollution, or by adopting a cap-and-trade system. Additionally, each province will keep the revenues that are generated under the program. But the PM was clear to point out that for now this is only a proposal, and is still open for discussion from different groups within society.“Over the next two months, the government will collaborate closely with the provinces, territories and Aboriginal organizations to finalize this plan,” Trudeau continued. “These discussions are essential, because we know that no plan to reduce greenhouse gas emissions can succeed without the help of our provincial and territorial partner, who have already shown great leadership in tackling climate change.”Everyone benefits, including the economyCareful not to focus purely on the environmental benefits of taxing carbon and the transition to a ‘clean’ economy, Trudeau pointed out that there would be a host of economic benefits as well. He stated that this plan will encourage businesses to innovate in finding ways to reduce carbon emissions, and that it will eventually make Canadian business more competitive.Not only this, but the PM pointed to new and exciting job prospects that will be created as a result of this economic shift, highlighting the increased investment in renewable energy, which was almost 50% higher than in fossil fuels in 2015.“This framework will include not only the plan for pricing carbon pollution, but will also pave the way forward to better support innovation and jobs in the clean energy sector, manage the effects of climate change, and improve our capacity for adaptation and climate resilience,” Trudeau stated.It is not the first time that we have seen Trudeau show clean support for the reduction of carbon emissions, as already twice this year he has met with U.S. President Obama to discuss action on climate change and to plan better ways to incorporate clean energy sources. But the message this time was stronger, it showed that he plans to take very real action to reduce carbon emissions within Canada, and that he is not scared to face climate change head on.“There is no hiding from climate change,” he added. “It is real and it is everywhere. We cannot undo the last 10 years of inaction. What we can do is make a real and honest effort – today and everyday – to protect the health of our environment, and with it, the health of all Canadians.”This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected] content ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. 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High school wrestling: TheRiot on the Red tournament Saturday at Parkway

first_imgParkway has won the Division II state championship the last two seasons. But the Panthers won’t be defending their title this season because they have moved up to Division I. ‘ Parkway won last season’s TheRiot with 283 points. Byrd finished second with 188. The Panthers also won the tournament in 2016 and 2017.Perfect-Dating.comAre You Ready to Meet Cool Guys in Tung Chung?Perfect-Dating.com|SponsoredSponsoredUndoNews gadgetThis watch takes the whole country by storm! it’s price? Ridiculous!News gadget|SponsoredSponsoredUndoTheTopFiveVPNThe Trick Netflix Doesn’t Want You To Know To Unlock RestrictionsTheTopFiveVPN|SponsoredSponsoredUndoTheTopFiveVPNThe Secret Netflix Doesn’t Want You To Know To Unblock RestrictionsTheTopFiveVPN|SponsoredSponsoredUndoAspireAbove.comRemember Abby from NCIS? Take A Deep Breath Before You See How She Looks NowAspireAbove.com|SponsoredSponsoredUndoCelebsland.com9 Celebrity Before-And-After Plastic Surgery DisastersCelebsland.com|SponsoredSponsoredUndoPersonal Loan | Search AdsGetting a Loan in Hong Kong Might be Easier Than You ThinkPersonal Loan | Search Ads|SponsoredSponsoredUndoGenius-Story.com48 Broke Celebrities Now Working Normal JobsGenius-Story.com|SponsoredSponsoredUndoLifestly.comWhere Ronaldo lives at 42 is heartbreakingLifestly.com|SponsoredSponsoredUndoLovelyHealthyMagAli MacGraw Is Almost 85, Try Not To Smile When You See Her Now!LovelyHealthyMag|SponsoredSponsoredUndoBossier task force busts four for prostitution and drugsBossier PressUndoSeven arrested for prostitution and panderingBossier PressUndoHealthyFoodNetwork21 Celebs Who Are Gay – No.13 Will Shock Men  HealthyFoodNetwork|SponsoredSponsoredUndobestfamilymag.comBacary Sagna’s wife is probably the most beautiful woman on Earth bestfamilymag.com|SponsoredSponsoredUndoMy-BrightSideHusband Illustrates Everyday Life With Wife In 19 Pictures. Try not to Cry! My-BrightSide|SponsoredSponsoredUndoCosmoWomensTop 30 Most Beautiful Women in the WorldCosmoWomens|SponsoredSponsoredUndo ‘ ‘ The annual TheRiot on the Red wrestling tournament is Saturday at Parkway. ‘ Shreveporter arrested for human traffickingBossier PressUndocenter_img ‘ Bossier Parish School Board member pleads guilty to anabolic steroid distribution conspiracyBossier PressUndo Bossier City man found guilty of killing his co-workerBossier PressUndo GardensTricks.comThis tiny house is only 19m2 but you’ll be amazed when you see the inside.GardensTricks.com|SponsoredSponsoredUndo Teams competing include Parkway, Airline, Booker T. Washington, Bolton, Bossier, Byrd, Caddo Magnet, Calvary Baptist, Evangel Christian, Haughton, Huntington, Lakeside, Loyola, Minden, North DeSoto and Summerfield. ‘last_img read more