What had been a plan to tax 30 per cent of emissions is being rolled back to just 20 per cent for most large emitters. This will mean less incentive for companies to invest in efficient technologies and processes, and less reward for companies that are already ahead of the curve.
It almost certainly means more carbon will be emitted, and that Canada’s climate goals, committed to under the Paris Accord, will be that much harder to meet. #cdnpoli
https://thenarwhal.ca/what-the-trudeau-governments-scaling-back-of-the-carbon-tax-means/