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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Chronicle Journal
Location
Thunder Bay, Ontario, Canada
Date
Dec 31, 2024
Page
4
Analyzes why flat carbon taxes fail to curb emissions and exacerbate inequality. Proposes a progressive carbon tax with brackets based on individual emissions, starting low for modest use and rising beyond thresholds such as 35 tCO2e. Uses examples like private jets and income-based fines to illustrate feasibility and enforcement.
The article argues that a flat carbon tax feels elitist, shifting the burden to low income Canadians while the wealthy largely pay it, fueling discontent and political consequences. A progressive tax could address fairness concerns and win broader support, with academic insights from Peter Dietsch of the University of Victoria.
Trudeau struggles as US President-elect Trump pledges 25 percent tariffs on Canadian imports threatening a $1 trillion bilateral relationship. The row deepens after a Mar-a-Lago dinner clash and Trump jokes about Canada becoming a US state. calls for resignation grow as Freeland resigns and Ottawa weighs export taxes on oil electricity uranium and potash. Premier responses vary, with Ontario eyeing a potential export halt and Legault urging border security focus.
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