Get ready to pay up b*tches !

[boarderbloke]

chucky, the CAD is down today and will likely continue to drop till 2018.

Do you even farm any more chucky?

[furrowtickler]

The point is this , it's not a global warming issue to reduce carbon - it's a scam to raise tax's and move wealth where they wish

[oneoff]

There can be substantial rewards for those with the right attitudes. Those rewards can be multiplied if you pander to your buyers and keep confirming each and every one of their firmly held beliefs.

These viscious circles eventually have no identifiable beginning nor end.

[boarderbloke]

Can anyone post this cartoon as a graphic?


http://pbs.twimg.com/media/CctkrqpUsAEYgKB.jpg:large

[chuckChuck]

Carbon tax should apply to companies and consumers, says Suncor Energy Inc’s CEO
t

Geoffrey Morgan | May 22, 2015 5:51 PM ET
CALGARY – The president and CEO of Suncor Energy Inc., Canada’s largest oil company, is willing to pay a carbon tax, but thinks it should apply to both companies and consumers.

“We think climate change is happening,” Steve Williams said at an Ecofiscal Commission event Friday in Calgary. “We think a broad-based carbon price is the right answer.”

A carbon tax that targets only companies would not reduce emissions effectively in Canada, he said.

“If you look at carbon production in a modern economy, about 80 per cent of it is at the point of consumption or the point of use. So targeting fees just on industry does not get to it.”

His remarks come as Alberta’s current carbon tax program, the Specified Gas Emitters Regulation, is set to expire in 38 days and as other provinces, notably Quebec and Ontario, debate their own prices for carbon.

Williams and Ecofiscal Commission chair Chris Ragan both urged Alberta Premier-designate Rachel Notely and her soon-to-be sworn-in New Democratic Party cabinet to take their time and proceed cautiously when implementing new carbon restrictions in the province. “We can do an awful lot of damage if we get this wrong,” Williams said.

In the interim, a number of political observers are encouraging the NDP, which swept the Progressive Conservatives from power in an election victory May 5, to extend the existing regulation. “Given that they can do it, they should do it,” retired long-time Tory cabinet minister Jim Dinning said at the event.

Dinning, who is an Ecofiscal Commission board member with Williams, added that the regulation should eventually be replaced with a broad-based carbon tax on both companies and consumers.

In addition to a stricter tax for carbon, the NDP plans to review the royalty rates oil and gas producers pay in Alberta and to hike corporate taxes to 12 per cent from 10 per cent.

A handful of oil and gas executives have expressed concern about a potential royalty review, including Cenovus Energy Inc. president and CEO Brian Ferguson, who told Bloomberg during the election campaign, “I don’t think there’s any room for any increase in royalties.”

Cenovus is also one of the energy-sector companies in favour of an Albertan carbon tax. “We support a price on carbon and we’ve been saying that as a firm since we launched over five years ago,” Judy Fairburn, executive advisor at Cenovus, told the Ecofiscal event.

Despite supporting a carbon tax, energy executives are still wary of the combined effect with increased royalty rates and corporate taxes.

“Right now in Alberta, there are questions about the price of carbon, there are questions about the royalty, there are questions about the corporation taxes and it’s very difficult for investors to put money in here while those uncertainties are there,” Williams said.

Financial Post
gmorgan@nationalpost.com
Twitter.com/geoffreymorgan

[15444]

Can anyone post this cartoon as a graphic?


http://pbs.twimg.com/media/CctkrqpUsAEYgKB.jpg:large

Done

[tweety]

Does not a single person know what the carbon tax will be used for?

[fjlip]

Be a hell of a long lineup of those wanting to stick the TAX up JT's ASS!

[15444]

Seen report that shows natural gas as having the biggest price increase amongst all products/services. Forecasting 20% increase. Sure makes me smile knowing that those in the cities will suffer the most, penance for voting in a moron. Actually seeing a lot of message boards with Liberal idiots regretting voting for him. Fools and their money are soon parted.

[seabass]

Exactly Tweety! If the taxes we paid actually went to the places they were intended to and made our country better I'm all for it but that never happens. Politicians steal it for there pet projects and leave our country a mess. That selfie ****er hands it out like its his money while our infrastruture crumbles and the free loaders rake it in.