Carbon Tax Too Little, Too Late
With a federal election now underway in Canada, the focus should be on new, green infrastructure, not a national carbon tax, argues Tom Kent.
"A carbon tax will be hotly debated [in this election]; but to make it the centrepiece of an election platform is to ignore the troubles of Canadians.
The need is for public investment. It is to undertake infrastructure projects that green the economy, that strengthen it, and that employ people now.
One major need is to create a power grid linking Canada's energy resources from sea to sea. Quebec's and Manitoba's hydro could quickly relieve Ontario's energy shortage. [M]uch can be done to shift freight traffic [to rail] and, incidentally, improve passenger service. There are many sections of line across Canada where an additional track could be laid on the existing right of way.
This is the time for capital investments. The sooner they're made, the sooner a carbon tax will be appropriate in a stronger economy."
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