Close X
Wednesday, October 9, 2024
ADVT 
National

Climate plan includes carbon tax hikes

Darpan News Desk The Canadian Press, 11 Dec, 2020 06:42 PM
  • Climate plan includes carbon tax hikes

The federal government has released a $15-billion plan to meet its climate change commitments that includes steady increases to its carbon tax in each of the next 10 years.

"It can no longer be free to pollute anywhere in the country," Prime Minister Justin Trudeau said Friday.

The plan includes money to encourage heavy industry to reduce its emissions, for communities to improve energy efficiency of buildings such as arenas and halls, and for remote communities to get off diesel-generated power.

But its centrepiece will be an increase in the federal carbon price.

The price on carbon will continue to increase by $10 a tonne until it reaches $50 per tonne in 2022. Trudeau announced increases will carry on and get steeper after that — $15 a tonne per year.

By 2030, the price is to be $170 tonne — enough, say federal officials, to increase the price of gas at the pump by 27.6 cents a litre.

Trudeau said the tax will continue to be rebated and that most families should get more back than they pay in tax.

"We are continuing to move forward and putting more money in the pockets of Canadian families by increasing the price on pollution."

Other features of the plan include $3 billion for projects in industries such as steel mills and petrochemical plants to reduce or offset their emissions.

Communities are to get $1.5 billion to refit infrastructure and remote towns are to get nearly $1 billion to help them get off fossil fuels.

The plan is to achieve a 32 per cent reduction in emissions by 2030, slightly more than the federal Liberals' 30 per cent commitment.

Ottawa hopes to reach 40 per cent reductions when provincial programs are layered on.

MORE National ARTICLES

Study hints antibody drug may cut COVID-19 hospitalizations

Study hints antibody drug may cut COVID-19 hospitalizations
The company said it would talk with regulators about possible next steps but that it was too soon to speculate on whether these interim results might lead to any action to allow early use.

Study hints antibody drug may cut COVID-19 hospitalizations

Lobster protests: N.S. MP demands action

Lobster protests: N.S. MP demands action
On Tuesday, hundreds of non-Indigenous commercial fishermen staged protests at two wharfs in southwestern Nova Scotia, alleging illegal fishing in St. Marys Bay.

Lobster protests: N.S. MP demands action

N.B. murder trial on hold until Tuesday

N.B. murder trial on hold until Tuesday
Raymond faces four counts of first-degree murder in the deaths of Fredericton Police constables Robb Costello and Sara Burns as well as civilians Donnie Robichaud and Bobbie Lee Wright, on Aug. 10, 2018.

N.B. murder trial on hold until Tuesday

Young people need better distancing rules: experts

Young people need better distancing rules: experts
According to the federal government's weekly epidemiology update, the number of new cases nationally increased by 26 per cent during the week of Aug. 30 to Sept. 5.

Young people need better distancing rules: experts

August inflation rate holds steady at 0.1%

August inflation rate holds steady at 0.1%
The average economist estimate had been for a year-over-year increase of 0.4 per cent for August, according to financial markets data firm Refinitiv.

August inflation rate holds steady at 0.1%

Details released on $19B in anti-COVID-19 funding

Details released on $19B in anti-COVID-19 funding
Cases of COVID-19 have been on the rise across the country for the past several weeks.

Details released on $19B in anti-COVID-19 funding