Canada’s Carbon Price Working, So Of Course It’s Being Attacked::How Do You Defend A Working Carbon Price That’s Benefiting Poor People?
Enough for the bottom quintile to be turning the thermostat down in all but one room and worrying about frostbite in the bathroom, but not for everybody else.
And here is where the author makes a crucial mistake in my opinion. When the poorest are forced to turn down their heating, then the middle class gets spooked they might have to as well in the future. They will vote for scaremongers and climate change deniers, and in the end your noble project of pricing oil out of the daily lifes of people will fail.
He should have added the caveat that global price instability is causing most of that pain. The carbon tax is only a small component.
But also, the middle class can afford heat pumps. So they will never be in such a situation.
And also also, turning the thermostat down one or two degrees saves a lot of money and is healthier and more natural.
Sure, some people get spooked, but that’s mostly due to fear and uncertainty, not due to facts.
Anyway, the author does make two mistakes: ignorance about nuclear and unrealistic expectations about the future revenue of carbon pricing.
As the price goes up, revenue will go down, as less people emit carbon.
global price
instabilitygougingFixed that for you
turning the thermostat down one or two degrees saves a lot of money and is healthier and more natural.
You know what saves even MORE money, is even HEALTHIER and even MORE natural? Instituting price ceilings to stop corporations from using global instability as an excuse for blatant price gouging rather than make it the responsibility of the powerless to compensate for the abuses of the powerful.
As the price goes up, revenue will go down
Your link is not about Canada’s carbon pricing revenue.
And the rest of your comment is just as inspiring.
My link is about the worldwide trend of corporate price gouging being the main cause of both inflation and record profits. That includes Canadian corporations.
I’m so hurt that my refutation of your nonsense failed to lift you up to the utmost of enlightened rapture. CRUSHED, I say! 🙄
