Yes, the result would be no more price signal in that particular sector of the economy. The result would be that most, if not all, of the emissions would not be covered by any carbon pricing.
On June 16th, 2022. See this statement in context.
On June 16th, 2022. See this statement in context.
Assistant Deputy Minister, Tax Policy Branch, Department of Finance
Yes, the result would be no more price signal in that particular sector of the economy. The result would be that most, if not all, of the emissions would not be covered by any carbon pricing.
See context to find out what was said next.