An essential tool
It is a great start that Manitoba is pricing carbon pollution at $ 25 tonne starting next year.
The $ 25 tonne need not hit the people hard in their pocketbooks if you give them the revenue collected back. By keeping Manitoba’s carbon price revenue neutral, lower and middle- class Canadians would be expected to come out ahead.
The reality is we have three years as a planet to set in motion effective policies to avert climate catastrophe. Carbon pricing is an important part of the plan. By giving the carbon price revenue neutral, the price could climb to $ 100- 150 by 2030 and not hit the people in the pocket and preserve our climate.
In order to protect industries in Canada, we need a harmonized carbon price in Canada so our government can enact border carbon adjustments. This carbon adjustment would discourage businesses from relocating to where they can emit more CO2 and encourage other nations to adopt an equivalent price on carbon.
Another reality is we are in a race to the top. The global tech market is worth more than $ 1 trillion ( CAD) and is on the cusp of a multi- trillion dollar cleantech revolution. With effective carbon pricing, we can capture that market share as a nation. Cathy Orlando
National Director Citizens’ Climate Lobby