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Add to Preferred SourcesCanada said on Thursday it planned to impose a cap on pollution in provinces that refuse to adopt a national price on carbon, setting up a potential fight with the country’s powerful energy-rich west.
Last December the Liberal government of Prime Minister Justin Trudeau reached a deal with eight of the 10 provinces to introduce a carbon price as part of a push to curb emissions of greenhouse gases.
Trudeau said at the time he would impose carbon pricing on holdout provinces. The federal environment ministry on Thursday proposed a levy on fossil fuels that would increase annually and also said it wanted to set limits on pollution. The more a facility exceeded its target, the more it would pay.
“Making polluters pay is a critical part of any climate plan,” Environment Minister Catherine McKenna t
Under Trudeau’s plan, carbon pollution would cost C$10 ($7.35) a tonne in 2018, rising by C$10 a year until it reaches C$50 in 2022. The provinces can either implement a carbon tax or a cap-and-trade market and eight have already announced plans to go for one of the two options.
Source: Thomas Reuters Foundation. Read full article here.
19 May, 2017