There has been much discussion lately regarding a carbon tax in Nova Scotia. The purpose of the tax is to meet targets for greenhouse gas emissions and redistribute wealth in Nova Scotia.
The plan is revenue neutral as it will reduce income tax for citizens and corporate tax for industry.
That being said, how will an increase in cost (adding cost to fuel and heating increases the cost of everything) to fuel affect some of the cardinal industries
1. Tourism
2. Agriculture
3. Forestry
4. Fishing
How will such a tax affect
1. The elderly and the poor who will not receive rebates because of their fixed or low incomes.
Lastly read the report http://www.ec.gc.ca/ges-ghg/985F05FB-4744-4269-8C1A-D443F8A86814/1001-Canada%27s%20Emissions%20Trends%202013_e.pdf and discuss the actual impact of Nova Scotia reducing their greenhouse gas emissions. Remember if actually a problem GHG’s are global in nature.
Bonus. Is there a problem with innumeracy in Canada.