Carbon pricing is here to stay - how to use the money.......

Carbon pricing is here to stay - how to use the money.......

Postby Oscar » Tue Apr 13, 2021 8:51 am

Carbon pricing is here to stay in Sask. So how should the province use the money?

[ https://www.cbc.ca/news/canada/saskatch ... zoW1dDSuz8 ]

April 12, 2021 - Paper looks at how four scenarios would affect people in different income groups - Brett Dolter, Jennifer Winter and G. Kent Fellows · For CBC Opinion

Now that carbon pricing is here to stay, Saskatchewan needs to decide what it will do with the money it gets as a result. (Jonathan Hayward/The Canadian Press)

This Opinion piece was written by Brett Dolter, an assistant professor in economics at the University of Regina, Jennifer Winter, an associate professor in economics at the University of Calgary's school of public policy, and G. Kent Fellows, a research associate at University of Calgary's school of public policy.

Following the Supreme Court's decision to uphold the federal carbon price, Premier Moe stated that Saskatchewan will create its own carbon pricing plan.

Premier Moe's first suggestion was that revenues would be used to reduce fuel taxes at the pump. Federal Minister of Environment Jonathan Wilkinson quickly poured cold water on that idea. [ https://www.youtube.com/watch?v=1UEPdsK4y4Y ]
So how should Saskatchewan use the money it gets from carbon pricing, known colloquially as the carbon tax? The good news is there are lots of options.

More . . . . .
Oscar
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