The idea that releasing greenhouse gases into the atmosphere should cost money — known as carbon pricing — sits at the center of the federal Liberals’ plan to limit climate change, and now they’re working on policies to ensure that it remains in place in Canada for years to come.
Last month, Jonathan Wilkinson, minister of natural resources, told a crowd in downtown Toronto, that the federal Liberals plan to introduce a policy to ensure carbon pricing not only remains in place through at least 2030, but also ramps up during that time, from $50 per tonne to $170 per tonne.
Wilkinson made his comments during a question-and-answer session after a speech to the Canadian Club, saying that industry won’t invest billions of dollars to reduce their carbon emissions until they have “certainty” that carbon pricing won’t be abolished under a future leader.
h/t Shasta
