No good rea­son for car­bon tax

PressReader - Tke Channel - No good rea­son for car­bon tax
There is no jus­ti­fi­ca­tion for ap­ply­ing a tax on emit­ters of car­bon diox­ide be­cause it would in­crease the cost of man­u­fac­tured goods, yet would not re­sult in any sig­nif­i­cant de­crease in global tem­per­a­ture. The amount of this gas from Canada is so small com­pared with that of ma­jor pro­duc­ers such as China and the United States that it be­comes in­signif­i­cant. This be­comes glar­ingly ob­vi­ous when, us­ing data from the Emis­sions Data­base for Global At­mo­spheric Re­search (EDGAR) for the year 2015, China emit­ted in 19 days the same amount of car­bon diox­ide that Canada emit­ted in 12 months.Nev­er­the­less, should a case be made for the re­duc­tion of this gas, it would surely be more ef­fec­tive to of­fer an in­cen­tive such as a tax re­duc­tion to those com­pa­nies that will re­duce their car­bon diox­ide emis­sions. David Lance­man, Kanata

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