Prime Minister Justin Trudeau's Second Carbon Tax (Clean) Known as Fuel Standards) is the latest example of how his energy policy is moving further away from reality while financially punishing Canadians in the process.
Starting next year, according to an impact analysis conducted by the federal government itself, Trudeau's clean fuel standards alone will raise gasoline prices by 6 to 13 cents per liter. By 2030, diesel fuel will increase by 7-16 cents per liter.
Consider direct and indirect costs — because raising the cost of gasoline and diesel fuel raises almost all prices — the government estimates that the cost will be average Canadian households in 2030 By then, between $ 132 and $ 301 per year, the average is $ 220.
According to impact analysis, this increases Canada's energy poverty by low- and middle-income Canadians, fixed-income seniors, single mothers, Canadian countryside, and oil and gas workers. You will feel disproportionate. Canadians living in the Sector and Atlantic Canada spend most of their income on transportation compared to other states.
Clean fuel standards apply nationally, not just in Ontario, Alberta, Manitoba and Saskatchewan, where Trudeau's first carbon tax applies.
Unlike carbon tax, there is no rebate.
However, Congressional budget officials said most households (60), even with rebates applied to the Tordo carbon tax, which will be mailed to Canadians in these four states from July 15. Remember that%) will eventually be financially worse if the impact of carbon taxes on the economy is fully taken into account.
PBO Yves Giroux predicts that the average household in Ontario will deteriorate by $ 360 this year and rise to $ 1,461 each year in 2030. The average household in Alberta deteriorated by $ 671 this year and rose to $ 2,282 each year in 2030. The average household in Saskatchewan decreased by $ 390 this year, rising to $ 1,464 a year in 2030, and the average household in Manitoba decreased by $ 299 to $ 1,145 a year in 2030.
Trudeau Government Continues to claim that 80% of these households will be financially better.
Also, Trudeau's carbon tax and clean fuel standards will reduce greenhouse gas emissions by 40% to 45% from 2005 levels by 2030 to zero by 2050. Claims to help achieve the goal of doing.
However, the Government of Canada, liberals and conservatives have not met the single emission target set for 34 years.
Despite the global recession caused by the pandemic, Trudeau was no longer able to meet its 2020 goals, during which time emissions fell dramatically everywhere.
At last week's G7 meeting in Germany and Canada, the United States, United Kingdom, Germany, France, Italy and Japan strive to increase global production of oil and liquid natural gas to compensate for the turmoil. Acknowledged. To the global energy supply from countries trying to recover from the economic damage caused by the pandemic recession and Russia's President Vladimir Putin's invasion of Ukraine.
The G7, including Canada, claims that their policies are in line with achieving the UN's 2030 and 2050 goals of reducing emissions. It's ridiculous.
For example, according to the International Energy Agency, last year, global energy emissions increased by 6% to 36.3 billion tonnes, the highest level ever.
Therefore, Trudeau is raising the cost of fossil fuel energy for Canadians at his home, while at the same time supporting policies to increase fossil fuel use globally.
lgoldstein@postmedia.com
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