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B.C.'s carbon tax: a regressive hoax.(Editorial)(Editorial)
- Article from:
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Canadian Dimension
- Article date:
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May 1, 2008
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Copyright informationCOPYRIGHT 2008 Canadian Dimension Publication, Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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H.L. MENCKEN once wrote, "For every complex problem there is an answer that is clear, simple, and wrong."
British Columbia's recently announced carbon tax is a case in point. It won't reduce greenhouse-gas emissions and it will have no impact on global warming--but it will hurt working people and the poor.
According to carbon-tax advocates, greenhouse gases are growing because emissions are free: corporations and consumers don't pay when they use the atmosphere as a carbon waste dump. By imposing a price on products that produce C[O.sub.2] and related gases, a carbon tax will cause consumers and corporations to adopt low-emission products or technology. Presto! ...