In 2019, while the US was distracted, Canada implemented a big ol' national carbon tax -- and in the subsequent election, voters overwhelmingly affirmed it. I talk with two of the key players about how it got passed & what it means.
David I was disappointed you didn't share that there are 5 different bills in the House and Senate using carbon fee and dividend. HR 2307 The Energy Innovation and Carbon Dividend Act has 95 co-sponsors. Several Republicans (Romney, Graham, Murkowski) have publicly stated the benefits they see from this approach. It isn't as bleak as you painted it. The carbon border adjustment, that is the price added to products imported from other countries is a key part of protecting domestic manufacturers as well as exporters. I suggest you have a discussion with a representative of Citizens Climate Lobby to help listeners understand the US version of what Canada has passed. It does provide for a monthly check, so people know exactly where the money is coming from.
I look forward to listening to this podcast. My brother was involved in the predecessor carbon tax enacted in BC in 2008 so I have a personnel interest in this story.
Dividend=direct observed benefit
Towards the end of the podcast there was the comment that when the price gets to $170 per ton hopefully the big dividend checks keep coming. If people just use the dividends to pay for more expensive fossil fuels what’s the point?
Nice episode - but my approval may be heightened because I’m a Canadian. To add to the unicorn characterization you developed of Canada over this episode, I’m sharing a topical link related to your Feb 11th chat with Rebecca Dell on decarbonizing industry. Ontario just announced funding to electrify its’ steel industry (a bright move for the province which has been a recent climate action dud).
I would have like to hear the thoughts of the Canadians on the failure of the first attempt at a carbon tax in the state of Washington. It was designed after the BC carbon tax in giving most, if not all, the revenue back to the people. It was opposed by almost all environmental groups including the Sierra Club, 350.org, et al. It was opposed because the revenue was not directed to combat climate change. So the question would be; was there similar opposition from the left in the 2019 election in Canada. If not, why not.
Thanks for featuring this interview David!