stratos stratos:
Yet Loblaw is not being fined they are getting subsidized to upgrade so they don't get fined. Or that's my understanding.
There are no fines. It's a government incentive to reduce power consumption, and pollution. Private citizens have also been given incentives to do the same in their own homes as well.
stratos stratos:
I see no issue with the taxes going to upgrade Gov. owned plants and transit systems. I would, if I lived in Canada, have issue with the money going to private business with enough money to pay for all of this. Instead they are getting my tax money so they can avoid being fined. That is money taken from the tax payers helping and being used not to help tax payers but to help corporations avoid paying for their own upgrade.
So what is the difference between using taxes to upgrade a power plant, or using taxes to reduce consumption in order to not have to upgrade that power plant? Hint: one of those things reduces pollution and doesn't raise power rates for the general population.
stratos stratos:
I don't think I would be up in arms over it but would not like it one bit. Just like I was not happy about the bail outs to the Auto, Bank and other industries that happened here in the USA.
Again, not a bail out. It's using taxes gathered to reduce the use of carbon, to incentiveize capital purchases by private industry that reduce the generation of carbon. Exactly what the tax was meant to do!
If Carbon tax was going into general revenue, like gas tax does, then I'd be pissed off.