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Authorities knew that charging $ 50 a tonne would not meet carbon emissions targets, even though then Environment Minister Catherine McKenna had repeatedly promised before the 2019 election that the rate would never increase, said The Blacklock reporter.

“Projections from the Department of the Environment suggest that the current level of carbon pricing contained in these projects is insufficient to reduce emissions,” the Minister said. Expert assessment of carbon pricing systems.

The report’s release was delayed until June 14, six months after the cabinet announced a steep tax hike.

The report was “the first comprehensive assessment of carbon pricing systems that have been designed and implemented,” the researchers wrote. Analysts called carbon taxes a “design choice mashup” that would not have worked with the $ 50 cap promised by the firm.

“Carbon pricing in Canada over the past four years has been in constant flux,” the report says.

In 2019, Parliament passed the Greenhouse Gas Pollution Pricing Act which set the cap at $ 50, the equivalent of 12 cents per liter of gasoline. The Cabinet promised it would never increase.

“The price will not go up,” then Environment Minister Catherine McKenna said on June 13, 2019.

“The plan is not to increase the price after 2022. We are doing exactly what we said we would do.

Liberal MP Sean Fraser (Central Nova, NS), Parliamentary Secretary for Finance, told reporters on July 9, 2019: “This is not some sort of election hoax.

But on December 11, the cabinet brutally announced a 240% tax hike to $ 170 a tonne, increasing in $ 15 increments from 2023.

The higher royalty is equivalent to a total of 27 cents more per liter of propane, 34 cents per cubic meter of natural gas, 40 cents more per liter of gasoline, 44 cents of aviation fuel and 47 cents more per liter of gasoline. diesel.

Cabinet in a secret note obtained by by Blacklock in 2017, said a carbon tax of at least $ 100 was needed to meet emissions targets by 2020, and up to $ 300 by 2050, but the Department of the Environment l he era dismissed the note as speculative.

“Existing greenhouse gas regulations should continue and could be tightened,” the memo reads.

“Regardless of federal carbon pricing systems, (we) probably need additional measures to meet ambitious targets…

McKenna argued at the time that the carbon tax was “the cheapest way to cut emissions,” but never publicly acknowledged that he knew the $ 50 tax cap was insufficient.

Dave Naylor is the editor of Western Standard
[email protected]
Twitter.com/nobby7694

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