Canadian Think Tank Favors Carbon Taxes

Conference Board of Canada report concludes that all companies and individuals should pay a tax that stings enough to make them change their behaviour and adopt less-polluting technologies.

Published: 02-Feb-2008

Canadian businesses and consumers must pay a hefty price for greenhouse gas emissions, right away, to combat climate change, the Conference Board of Canada says.

In a report released yesterday, the think-tank joined a growing list of research and business groups calling for taxes or other financial policies to reduce emissions from coal, oil, gas and other fossil fuels.

All companies and individuals should pay a tax that stings enough to make them change their behaviour and adopt less-polluting technologies, the report says.

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