The NDP government — facing continuing heat over its incoming carbon tax — said Monday that the provincial economy will take only a “relatively small” hit from its ambitious climate strategy, with potential greater benefits to follow.
The government released a one-page report on the first day of the fall legislature sitting saying that its climate plan — which also includes a cap on greenhouse gas emissions from the oilsands and an accelerated phase-out of coal-fired power — will slow economic growth by 0.05 per cent annually, or approximately 0.4 per cent overall by 2022.
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