Sunday, October 26, 2008

Carbon tax - revisited.

Are you one of the many people who bought into the carbon tax scare of the recent federal election?

Did Stephen Harper’s constant fear mongering about how a carbon tax would raise your taxes and ruin the economy convince you to vote for the Conservatives?

If it did, you may be upset to find out that he was lying to you.

In every country that has enacted a carbon tax, the economy has not suffered.

By the way, even though Haper said it ain’t so, isn’t our economy in trouble now?

If you don’t believe it just look at the loonie, it has dropped almost 9% since Election Day.

Was that caused by ruinous environmental protection policies?

No. It was caused by greedy bankers who found another way to scam hard working people out of their money.

These are some of the very same people who tell you that doing anything to help protect the environment will ruin the economy.

In Andrew Weaver’s book, “Keeping our cool”, he explains the principal behind carbon tax and how it will benefit the economy and the environment.

He explains:
“The carbon tax is simple. Governments assign a price to a tonne of carbon dioxide emissions and then add that to the price of the cost of energy that produced those emissions. To make the tax revenue neutral, other forms of taxation are reduced. Central to the carbon tax system is the belief that the atmosphere can no longer be treated as a free dumping ground.”

He further explains the additional benefits:
“As the carbon tax permeates throughout the economy, the cost of locally produced products goes down relative to the cost of those transported from faraway places. Cars built in Ontario wouldn’t have to be delivered as far as those built in Japan; and if they were more fuel efficient, or emissions-free, they would be even more desirable to the consumer. Locally grown food becomes more competitive with food produced on mega-farms thousands of kilometres away. We may even wean ourselves from our dependence on cheap labour in Asia, since a carbon tax would build transportation costs into the price of those goods.”

Like it or not, at some point a carbon tax is going to become a necessity.

Doing nothing isn’t an option.

Also, the cap and trade system is just another one of those money making scams that big polluters are eager to put in place. During the election campaign the cap and trade system was promoted as the system that big polluters and governments preferred. Of course they prefer it; they don’t have to change a thing. All they really need to do is “buy” carbon offsets from corporations that don’t need all of their allotted offsets. If you’re really smart you’ll just buy one of those corporations and then sell any extra offsets you don’t need for the parent company to some other company that needs them.

Learn more about carbon taxes at


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