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No. of Recommendations: 2
MarkR: 1. Carbon tax

In the last year or two we've experience an effective over 100% carbon tax (at least for vehicle carbon usage). How much do you think that will reduce overall CO2 emissions, and over what period of time?

The tax started at $20 per ton in 2019 and rose $10 per ton each year until reaching $50 per ton in 2022. The goal, in part, is for Canada to meet its obligation to the Paris Agreement. That means cutting Canada's carbon pollution by 40% below 2005 levels by 2030.Apr 7, 2022

How carbon pricing works

Information on Canada’s carbon pollution pricing system
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