From the Ottawa Citizen:
OTTAWA - Elizabeth May’s proposal of a $50-per-tonne carbon tax, which could drive up gasoline prices by 12 cents per litre, drove a wedge between her Green party and the other federal opposition parties.
The proposed carbon tax, which could climb to $100 per tonne by 2020, is at the heart of a new climate change plan unveiled by May as the only way to avert a climate catastrophe. Revenues from the new tax would be used to reduce income and payroll taxes, and to establish income supplements and other incentives to encourage deep reductions in the greenhouse gas pollution that is linked to global warming.
“The fundamental key point is that we need carbon taxes,” May told a news conference. “Right now, the Green Party of Canada is the only Canadian political party prepared to state this obvious reality. We will use those carbon taxes to reduce taxes elsewhere.”
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