Canada’s Alberta to introduce economy-wide carbon tax in 2017
Sunday, November 22, 2015 MIKE DE SOUZA FOR REUTERS.....
One really must ask: “What planet are these people from?” MORE taxes to “help us access new markets”? Taxes KILL or at best WOUND the thing taxed. You will have LESS employment, smaller markets, and fewer of them.
Alberta has the world’s third largest crude reserves, but its oil sands industry is also Canada’s fastest growing source of greenhouse gas emissions.Well, that explains it. Nothing like tossing a stink bomb into “the world’s third largest crude reserves” to put a crowbar into the works of western democracies. Well, at least we won’t need the XL Pipeline as market forces push to expand other supplies first and faster."
That status has prompted fierce opposition from environmental groups to proposed pipelines that would allow the industry to access new markets, including the recently rejected Keystone XL pipeline, proposed by TransCanada Corp.
Alberta’s energy sector has also been hammered with thousands of layoffs in recent months due to slumping global oil prices.