GOLDSTEIN: Detailing Liberals' carbon taxes for dummies
Since the Justin Trudeau Liberals — apparently soon to become the Mark Carney Liberals — have been treating Canadians like dummies in their defence of carbon taxes for a decade, today let’s review their arguments in favour of them. {"origin_id":"1816212","created_on":"2025-02-26T21:13:08.000Z","url":"https://smartcdn.gprod.postmedia.digital/torontosun/wp-content/uploads/2025/02/Carbon-Taxes-for-Dummies-web.jpg?quality=100&strip=all","title":"Carbon-Taxes-for-Dummies-web","alt":"A pretend \"Carbon Taxes for Dummies\" book with Justin Trudeau and Mark Carney on the front.","caption":" The Justin Trudeau Liberals \u2014 apparently soon to become the Mark Carney Liberals \u2014 have been treating Canadians like dummies in their defence of carbon taxes for a decade, writes Lorrie Goldstein.","credit":"Toronto Sun illustration","width":"660","height":"825","shortcode":"[caption id=\"attachment_1816212\" align=\"alignnone\" width=\"660\"] The Justin Trudeau Liberals — apparently soon to become the Mark Carney Liberals — have been treating Canadians like dummies in their defence of carbon taxes for a decade, writes Lorrie Goldstein.[/caption]","type":"image","channels":["desktop","tablet","phone"]} False. To achieve the target Canada will have to reduce emissions to at least 40% below 2005 levels by 2030. According to the latest government data, Canada’s emissions as of 2022 were 7.1% below 2005 levels and headed in the wrong direction because, in 2021, they were 8.4% below. Canada is so far behind meeting Trudeau’s target that it would take a series of global recessions on the scale of the one set off by the sub-prime mortgage derivative scandal of 2008-09, or the 2020 pandemic, to reduce global economic activity enough to meet Trudeau’s 2030 target. Even if we did, it would have no effect because Canada’s emissions, at 1.5% of the global total, are too small to materially impact climate change. Meanwhile, global emissions for 2024 are expected to be the highest on record when all the calculations are completed.
