Canada's carbon price is set to rise to $80 per tonne from $65 as of April 1, 2024, aiming to reduce fossil fuel use and lower emissions. This increase is part of a planned series extending to 2030. The hike will notably impact fuel prices and energy bills, particularly in regions where the federal plan applies. While some premiers call for a pause due to affordability concerns, the federal stance remains firm, highlighting environmental and economic goals. More details are available on Global News.
Credit: @Aaron D'Andrea/ Global News
“The idea is that by putting a price on pollution, people will use fewer fossil fuels, and that drives down overall emissions from the economy,” Mertins-Kirkwood told Global News.
https://globalnews.ca/news/10356191/carbon-price-tax-april-1-2024-increase/
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