Canada's Parliamentary budget officer said he is troubled by what he describes as the selective use of facts from his new financial analysis of carbon pricing.
Yves Giroux said the report has to be put into context alongside the costs of all other climate policies, including doing nothing.Giroux opened a political firestorm last week with a new report which concluded carbon price rebates are worth more than the direct cost of the carbon price for 80 per cent of families. But he said when the carbon price's economic impact on job growth and incomes is factored in, 80 per cent of families in most provinces might end up with less money.
Carbon pricing is based on the idea that higher fuel costs will lead to lower usage and an overall decrease in emissions. The rebates are meant to mitigate the impact of those higher costs. "It's almost as if they just choose not to engage in those discussions, or they just aren't good enough to do that, and I'm not sure which it is," Ragan said.A separate report Giroux released last year concluded that raising the carbon price to $170 per tonne by 2030, as the government intends, will eliminate 96 million tonnes of emissions more than if the price remained at the current rate of $50 a tonne.
That campaign will try and paint a better picture of what climate change has already cost us, what it could keep costing us and what we can do to limit those costs.But the Liberals are frustrated with Giroux's report because it doesn't include the context he insists is required.
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