Finance committee   have to start attaching a price to CO2. That is the whole point of a green tax or carbon tax, which is to treat that as what's called an externality in economics, a bad thing that we're treating as free, and it's not free but actually having some sort of deleterious impact

Finance committee  I believe it was actually the Government of Quebec that was the first provincial government in Canada to announce a carbon tax, and not—

Finance committee  They also tried to tell producers not to pass it on to consumers, which frankly is the wrong position. The whole point of a carbon tax is to get people to understand that whether they're buying a big car or small car makes a difference to the environment, and thus to shape

Finance committee  I believe we are at a stage where we need to make major investments in retooling the Canadian economy. Coming from British Columbia, where the carbon tax and other measures to fight global warming have just been introduced, I would suggest that those are some of the really

Finance committee  Thank you, Mr. Chair and members of the committee, for having me today as part of this distinguished panel. I live in Vancouver, so greetings from British Columbia, where last week the provincial budget brought in the country's first carbon tax, something that I'm sure you'll

Prebudget Consultations  Yes, he wants a new carbon tax to really hammer businesses that have already been hit by the recession in the United States. I would love to answer legitimate questions from the Liberal Party but, clearly, as I said, one does not throw rocks when one lives in a glass house.

Environment committee  Certainly. Let's talk about some of those measures. I'm just curious. Mr. Sawyer, you did some speculation and prognostication. I'm reminded a bit of the old saying that economists have predicted ten out of the last five recessions. On the use of carbon tax in your modelling

Environment committee   to deal with this issue. For example, we have said that should governments, or the Government of Canada, or Canada eventually move to some form of carbon tax, it would have to be neutral. What do we mean by that? What we mean is that certain sectors will be hit harder than others

Environment committee   performed the analysis to substantiate a cap and trade versus a carbon tax, or environmental tax, as Mr. d'Aquino puts it, and the merits of one over the other. Is the government's plan going to price carbon, and do you think it's going to price carbon at a sufficient price?

Environment committee  , as others have said, cap and trade, a carbon tax, or some combination of the two. Recognizing, however, that cap and trade is the dominant policy for large final emitters and that cap and trade is difficult to implement for smaller emitters like you and me—our houses and our cars

Environment committee  Earlier, we talked about the Chinese. At present, they are under no obligation whatsoever to reduce their emission levels. You stated that if we were to bring in a carbon tax, China would have to do likewise, to balance the equation. However, if China refuses to do so, what then?

Environment committee  They have a carbon tax.

Environment committee  They have a carbon tax and a trading system--

Environment committee  They have a carbon tax that affects their oil and gas industry, which is why the oil and gas industry actually uses CCS, because once you apply a large enough tax, it becomes commercially effective.

Environment committee   widely used metals because of its light weight. Producing a ton of aluminum in Canada generates four tons of CO2 in the process. In China, a plant that produces the same ton of aluminum emits seven tons of CO2. You propose a carbon tax. If we apply a tax of $30 per ton, that would