[FoRK] Why is a carbon tax off the table?

Russell Turpin russell.turpin at gmail.com
Thu Jun 10 05:05:33 PDT 2010


On Thu, Jun 10, 2010 at 12:04 AM, Ken Ganshirt @ Yahoo
<ken_ganshirt at yahoo.ca> wrote:
> .. how is it we Canucks would be hurt by an American carbon tax?

The US consumes roughly one-quarter of the world's oil production. Any
US policy that dampens that also will dampen world oil prices. Ceteris
paribus. Canada exports a significant amount of oil. Nowhere near as
much as the US consumes, of course, and Canada has a quite diversified
economy. So it won't be much hurt by that. Then there is coal, which
Canada also exports.

You're right, though, that many Canadians will look at the other side of things.


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