Carbon price is a ‘tough political battle,’ minister says ahead of hike

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Environment Minister Steven Guilbeault said on The West Block that the carbon price increase is necessary to solve climate change and comes at a small cost to Canadians.

Canada's carbon tax is set to increase by $15 on April 1st. Multiple premiers have expressed their opposition to the hike as inflationary pressure persists, but questions remain on what the future of carbon pricing could look like across the country.says the carbon price remains a “tough political battle” as the controversial decision to keep raising the price is set to kick in on Monday.

The minister also recognized that many are struggling to make ends meet due to the rising cost of living, but he emphasized that low income and middle class Canadians will get the money from the When asked by Stephenson why individuals should bear any financial responsibility at all, Guilbeault said “it’s a balancing act.”

“If we put too much pressure on industrial polluters, some may say, ‘Well listen, this is too tough compared to some of our peers around the world and you’re having us compete at a disadvantage with other nations and companies in other nations around the world,’” he said.Trudeau accuses Conservatives of misleading Canadians on carbon rebate for ‘narrow political gain’

 

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Industrial carbon pricing has three times the impact on emissions as consumer carbon tax: reportFlares burn off methane and other hydrocarbons at an oil and gas facility in Lenorah, Texas, Friday, Oct. 15, 2021. New research on Canada's methane emissions concludes it would be much cheaper for the energy industry to meet reduction targets for the potent greenhouse gas than it would be to pay carbon taxes on it.
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