| Carbon taxes largely function as energy taxes to generate a new source of revenues for cash-hungry governments. According to a report in the Globe and Mail, Finance Canada is quietly promoting the idea of a federal carbon tax, or at least, a minimum carbon price, in order to reduce greenhouse gas emissions as Canada has pledged to do in last December's Paris Agreement.
The problem is, Canada's track record at implanting economically benign carbon pricing is not very good: three of the four Canadian Jurisdictions with carbon taxes or pricing are in complete violation of economic theory about benign carbon pricing...............................................Full Article: Source
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