A tax “even the Right might like”

The Ottawa Citizen‘s response to the National Roundtable on the Environment and the Economy’s call for a price — some kind of price — for carbon:

There is a worse economic sin than overregulation, the NRTEE says, echoing warnings from the business community, and that is capricious regulation. Given warning, industry can adapt to just about anything; it’s shocks that are scary. When governments set long-range targets without setting rules that will get the country to them, investors get nervous.

Less pain now almost certainly means much more pain later. Yet the Harper government seems to focus entirely on short-term costs instead of long-term benefits when contemplating environmental economics. This is doing Canada no service.


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