Why British Columbia Should Continue Gradually Increase Price On Carbon Tax

Currently, the Canadian government is taking several initiatives to control climate change. In 2017, Canada signed the Paris Accord and agreed to cut 30% of carbon emissions by 2030.

We once lived in a world lush and plentiful where we enjoyed all the natural resources peacefully. However at the beginning of the industrial revolution more people moved to the cities therefore increasing their dependency load. Fastforward to today and the world has seen a drastic change in the loss of natural resources as well as a number of health related illnesses like asthma. This is mainly due to the effects from carbon pollution, greenhouse gases and global warming. Canada as a country is thought of as environmentally aware and progressive. Actually has many issues regarding this topic and if it is not taken care of it will affect the future of the nation. I care about this topic because it has to

The government responsible to take charge for this issue are global, federal and provincial. As a planet, we must coalesce with each other to find solutions to preserving the planet. World leaders are meeting with each other, discussing ways to fix the damages humans created. The government of Canada is dedicated on working with leaders all over the world to make changes that will help resolve the effects of climate change. Also, Canada is committed to supporting and helping out third world countries who need help in accommodating to the effects of climate change. Investments are being made to reduce emissions as well. The government of Canada and its provinces and territories are uniting together to encounter the effects of climate change. They aim on federal funding, the flexibility to design their own carbon pricing policies on putting a price on carbon and reducing carbon pollution.

Stewart Elgie, a University of Ottawa law and economics professor and chair of the green economy think-tank Sustainable Prosperity suggests that British Columbia’s per-capita fuel usage had fallen more than 4 per cent compared with the rest of Canada and its economy (Ebner, McCarthy, 2011) Evidently it is reducing the amount of green house gasses emitted by fossil fuel use. However this is not the concern many had with the introduction of the tax, but the concerns were focused upon the externalities caused by this and the effects it would have on the economy. Three years since the carbon tax introduction and the Provincial level of GDP has remained approximately the same, (Greenery in Canada: We have a winner) With the provincial level of GDP remaining around the same, this suggests that at the very worst the carbon tax has had no negative effects to the provincial economy. Furthermore the tax also promised to remain carbon neutral and promised to cut corporate and private income tax. British Columbia has become the province with the lowest income tax regime and the lowest corporate tax regime (Greenery in Canada: We have a winner). Although the carbon tax is being praised by many, it still faces concerns as many still argue the ineffectiveness of the tax and what that means for the province.

Replace Cap & Trade Carbon Tax with environmentally responsible initiatives which reinvest revenue in Northern Ontario, a Carbon Tax placed on imports from excessive carbon producing countries of 10%.

In the beginning, the writers present the process of the research conducted by the MIT researchers and conclusions that showed how even a low carbon tax would be effective at lowering carbon emissions. The writers continue the article by pointing out the effects of different policies, relating to the revenue created from a carbon tax, on corporations and lower income households. Finally, the writers draw attention to the fact that this carbon tax will greatly influence the effects of global warming. This article was written for Americans and is a solution that is perfect for the political spectrum of any government institution within the United States. The article addresses ways that a carbon tax can be used to please both liberals and conservatives. Though the writers did not conduct their own research, they did cite a study conducted by university researchers and a government organization and use interviews with key researchers in the study. Though this article cites only one research study, the idea of a carbon tax is still a viable solution and it will be used in my research to show that there is a viable solution to the problem of air

Canada has the potential to be a “sustainable energy superpower” due to the vast amount of resources it contains. It has a large landmass and diversified geography which can be used to produce renewable energy from such resources; watermill, wind, biomass, solar, geothermal, and ocean energy. Renewable energy is energy obtained from natural resources that are able to be naturally replenished within a human lifespan (Natural Resource Canada, 2014). Currently, fossil fuel burning is the major source of energy in Canada and although it can be re-used, the process is so long that it is considered to be non-renewable. Also, fossil fuel burning for coal, natural gas, and petroleum gas pollutes the environment with greenhouse gases on a large scale, causing global warming. Non-renewable energy is taken from sources that re available on Earth in limited quantity, likely vanishing within fifty to sixty years from today (Conserve Energy Future, 2014). Thus, it is important for Canada to invest their money on resorting to more environmentally friendly and renewable ways to make electricity. Being a developed country, Canada has the financial stability to purchase the technologies over time in order to produce renewable energy. In addition, many organizations and the government have taken a step to educate the society about issues regarding energy usage, and to create programs which conserve energy for the future. In the future generations, Canada will be able to generate sufficient

Canada is one of the developed nations in the world and with that comes a certain type of lifestyle that its citizens are accustomed to and often expect. This lifestyle is definitely not conscious of the environment at most times, however is trying to improve or at least find some kind of alternative to environmental problems that we can’t actually fix because they’ve become an important part of our everyday life. For that, our lifestyle has been measured by way of an ecological footprint and the results obviously haven’t been something to be proud of. Although there are many reasons why the ecological footprint of Canada is so high, one of the reasons is because of our excessive fossil fuel emissions from our cars, trucks, busses and planes.

Canada is one of the biggest energy producers in the world. Currently Canada is ranked fifth in regards to the production of energy. Canada 's energy policy should revolve around the natural resources and their optimum use to create cheap and clean energy, which should be environmentally friendly. Our policy should be beneficial for all the Canadians living in different parts of the country and that the policy should not discriminate among the provinces. Canada is also the biggest consumer of the energy in the world, as it consumes most of energy per capita because of the extreme weather conditions that it faces. We need to keep ourselves warm through the winter and have to transport goods and people from one place to another. Canada 's

Canada, with an increasing population, vehicles, government budget, and GDP shows a high standard of living. With a high standard of living, water, environment and food are of good quality. However, this does not mean it will not damage the environment. With the cost of a high standard of living, Canada seems to be damaging the environment for other costs. Conversely, a high GDP illustrates a the emergence of environmental science or technology reducing environmental problems in the near future.. Following the data based throughout several provinces, Canada contains a growing GDP, and an increasing environmental budget that helps the environment, which illustrates a prosperous economy that is investing into the environment. The growing amount

Ontario has its own creative and effective strategies to combat climate change. One of Ontario’s goal is a low-carbon future. To accomplish this the province started making carbon reductions in 1990 and are on track to reduce carbon emissions by 15% in 2020, 37 per cent in 2030 and 80 per cent in 2050 (Climate Change Action Plan, 2017). Ontario’s target of reducing emissions by 6% was met on schedule in 2014 (Climate Change Action Plan, 2017). One of the reasons this has been made possible is because of Ontario’s investment in carbon reduction. For example, in 2015 Ontario committed $325-million payment to Ontario’s Green Investment Fund to support programs that help households and businesses implement

It is recommended that Canada adopt and implement a more active fiscal policy and cut interest rates to ensure the prices of commodities remain low. Low commodity prices can potentially stimulate demand over time and boost exports, benefiting the country’s economy, including its beleaguered commodities sector. At the same time, tax incentives for business and consumers to pursue alternative energy projects could further stimulate the economy and lead to strong consumer confidence in the levels of permanent income increasing over time. Buttressing short-term efforts such as cutting interest-rates with tax incentives to promote long-term growth and a shift toward a more diverse economy could help Canada address both its short-term and longer-term economic woes. Moreover, this two-tiered approach would likely generate an increase in consumer spending as the government’s approach would promote greater confidence in a more diverse Canadian economy being able to grow over time, thus providing individuals with greater spending

Climate change has become the most serious global environmental threat with sides of people who do not believe it exists and people who are actually aware. The release of greenhouse gases such as carbon and methane into the atmosphere has been known to be one of the major causes of climate change. Scientists explain that these emissions must drastically reduce to avoid a 2°C rise in average global temperature. Therefore different countries have made policies and ways to reduce the production of these gases and Canada is one of them. Canada ranks 15th out of 17 countries for greenhouse gas emissions per capita.Canada’s per capita decreased by nearly 5% between 1990 and 2010 while the total GHG emissions in Canada grew by 17%. The

In February 2011, the Australian federal government declared a scheme to implement a Carbon Tax from July 1, 2012. Implementing this scheme has generated a controversial debate between Australians. The term “Carbon tax” refers to an environmental tax forcing polluters to pay per ton of carbon which they release into the atmosphere. This essay will provide the economical, social and political implication of carbon taxes, also with its introduction who will benefit and who would suffer.

Since the beginning of the industrial revolution machinery and surface temperatures have been on the rise. Some may argue that the increasing temperatures are strictly due to the rise of machinery and less strict efficiency standards. The U.S has been debating what methods are efficient for combating increasing emissions some argue that a carbon tax has many positive impacts some say if one were to be adopted they would need reforms. This paper will dive deep into the the effects of climate of change and whether or not a carbon tax can fully help to decrease these emissions.