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Canada Contemplates Carbon-Tax


Stephane Dion – Canada’s Liberal Party Leader, has a new carbon-tax plan with a view  to curb Canada’s greenhouse gas
emissions (read the Green Shift Handbbok ). The plan recommends a revenue neutral carbon tax, that is,
the revenue generated through imposing taxes on fossil fuels will be
returned to the taxpayers via tax cuts and tax breaks. The carbon-tax will raise $15.4 billion a year. However, the Prime
Minister Stephen Harper is to the plan as it would
"screw everybody".

The PM might have his reasons for but we are waiting for him to come up with a
potent solution of his own to reduce Canada’s carbon footprint, which
continues to be one of the biggest in the world.

Related posts:

  1. Ontario, Quebec to Launch Carbon Trading
  2. Toshiba Announces Carbon Reduction Plan

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