Where is the evidence that the clean fuel standard will produce a $350 equivalent cost per tonne of carbon to consumers? We need to see the details of any plan before we can assume that hyper inflated number designed to scare people!
The $350 per tonne is not the actual cost.
https://nationalpost.com/opinion/john-ivison-get-ready-for-the-liberals-secret-new-carbon-tax/wcm/992bb546-4ca3-403c-9f23-5b1969391305/ https://nationalpost.com/opinion/john-ivison-get-ready-for-the-liberals-secret-new-carbon-tax/wcm/992bb546-4ca3-403c-9f23-5b1969391305/
"The model proposed by the government allows businesses that can’t comply with the regulations to buy credits to make up the shortfall. In the CERI model, those credits were estimated at $200 per tonne of carbon dioxide.
"the CFS will be set at $350 per tonne, in order to force companies to invest in cleaner fuel, rather than simply buy credits. The higher the cost of the credits, the larger the price impact on solid, liquid and gaseous fuels."
"The cost implications for households and industry are unclear but a study by the Canadian Energy Research Institute in May 2019 estimated the impact of a 20 per cent reduction in carbon intensity. CERI suggested a total fuel decarbonisation cost of $15.3 billion a year, adding $84 or four per cent to household fuel bills; $62 or 2.8 per cent to the cost of gas; and 13 per cent to fuel costs for industry."
"Critics claim the CFS is an important policy instrument to do just that. Ottawa is set to present the new fuel standard as an opportunity for Western farmers to grow biofuels and will point out the main costs are set to be borne at refineries in Ontario, Quebec and New Brunswick."
BC, California, Oregon and The EU already have a clean fuel standards.
The $350 per tonne is not the actual cost.
https://nationalpost.com/opinion/john-ivison-get-ready-for-the-liberals-secret-new-carbon-tax/wcm/992bb546-4ca3-403c-9f23-5b1969391305/ https://nationalpost.com/opinion/john-ivison-get-ready-for-the-liberals-secret-new-carbon-tax/wcm/992bb546-4ca3-403c-9f23-5b1969391305/
"The model proposed by the government allows businesses that can’t comply with the regulations to buy credits to make up the shortfall. In the CERI model, those credits were estimated at $200 per tonne of carbon dioxide.
"the CFS will be set at $350 per tonne, in order to force companies to invest in cleaner fuel, rather than simply buy credits. The higher the cost of the credits, the larger the price impact on solid, liquid and gaseous fuels."
"The cost implications for households and industry are unclear but a study by the Canadian Energy Research Institute in May 2019 estimated the impact of a 20 per cent reduction in carbon intensity. CERI suggested a total fuel decarbonisation cost of $15.3 billion a year, adding $84 or four per cent to household fuel bills; $62 or 2.8 per cent to the cost of gas; and 13 per cent to fuel costs for industry."
"Critics claim the CFS is an important policy instrument to do just that. Ottawa is set to present the new fuel standard as an opportunity for Western farmers to grow biofuels and will point out the main costs are set to be borne at refineries in Ontario, Quebec and New Brunswick."
BC, California, Oregon and The EU already have a clean fuel standards.
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