Wednesday, April 20, 2016

LOW OIL PRICES MAKE CARBON TAXING EASIER

Low oil prices from the middle east means bad news for the oil-based part of Canada’s economy. It is particularly bad news for Alberta and Newfoundland and Labrador.
The good news is that continued low oil prices make it politically easier for Canadian governments to impose so-called carbon pricing in order to curb greenhouse gas emissions.
 

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