Fee and Dividend vs. Cap and Trade

Caterina Lindman represented the Citizen’s Climate Lobby at the Waterloo Region Climate Consulation at Kitchener City Hall in August.  CCL is a strong advocate for the Fee and Dividend carbon tax; which is why one of the things she spoke about was the CCL recommendation to begin with a $30 per tonne carbon tax in 2018, with annual increases of $10 per year.

Caterina Lindman (Citizens Climate Lobby) speaks to discussion facilitators at the Waterloo Region Climate Consultation, August 18th, 2016
Caterina Lindman (Citizens Climate Lobby) speaks to discussion facilitators at the Waterloo Region Climate Consultation, August 18th, 2016

Earlier this month the Canadian Government announced its plan to implement a Carbon tax.

“It will start at $10 per tonne and increase by $10 each year, up to $50 a tonne by 2022. Trudeau added that the tax will be revenue neutral for the federal government. Proceeds from the tax will be returned to the provinces where they were collected.

“Trudeau said that details regarding implementation will largely be left up to the provinces. Each jurisdiction should decide on whether they want a cap-and-trade system (the sort of scheme favoured by the Obama administration) or a direct price on greenhouse-gas emissions (like with B.C.’s system for taxing air pollution).”

— Justin Trudeau announces national carbon tax will begin at $10 per tonne in 2018 and rise from there to $50

Although we are pleased Canada finally understands the need for a carbon tax, we would be much happier if the initial figure were higher.

The other issue is the federal Government’s failure to insist on the use of a Carbon Fee and Dividend plan instead of leaving it up to the provinces.

Let’s let this wonderful graphic created by CCL to explain why Fee and Dividend is the best option:

CCL Fee and Dividend infographic
Citizen’s Climate Lobby Canada explains How Carbon Fee and Dividend works.

Although it also puts a price on carbon, Cap and Trade works differently, more like a game of monopoly that allows wheeling and dealing with carbon emissions. Evidence from elsewhere demonstrates that it doesn’t really work, let alone foster a transition from carbon to sustainable energy.  There is also growing evidence Cap-and-trade? Not so Great if you are Black or Brown.

Although it sounds lovely that the plan is revenue neutral to the Federal Government, but not if it becomes a cash cow to the provinces.  But perhaps worse, instead of being revenue neutral, the carbon tax funds collected are not distributed among the people, it becomes a source of government income.

Can you remember the last time a government willingly gave up a source of revenue?

Me either.

Our Californian friends can tell us: Why fee and dividend is better than cap and trade at fighting climate change.  Although it is not enough, even a weak carbon tax is a baby step in the right direction.

Energy East Pipeline

You can’t, however, say the same about fossil fuel pipelines.


Credits
Explainer video and Fee & Dividend Infographic by Citizen’s Climate Lobby
E
nergy East Pipeline and Caterina Lindman photos by Laurel Russwurm, released under a Creative Commons Attribution License

 

Earth Overshoot Day 2016

Guest Post by Environment Hamilton


Earth Overshoot DayToday is Earth Overshoot day, which means that today humanity has used up the amount of resources that the planet can reliably provide us renewably for the entire year. It moves several days earlier each year; in 2015 it happened on August 13th. The official website makes a number of suggestions for ways that you can make a difference.

The idea that we can continue to demand ever more each year from a planet that isn’t getting any bigger is more than a little nuts, so maybe it’s time to stop taking the word of economists about it.

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Clothes Swap

clothing stall at 2016 KW Multicultural FestivalWednesday, 6 July 2016 from 6 PM – 8 PM Trusted Clothes is hosting a clothing swap at 283 Duke Street West, Kitchener, Ontario
Click here for a Map

Bring good quality clothes that you don’t want anymore and leave with the same amount of new stuff!

Event is completely free and is to raise awareness about textile waste and the environment.

Men’s, women’s, kid’s, baby’s, accessories and shoes – all are welcome.

We have partnered with the Kidney Foundation to collect any leftover clothes with proceeds going to research. Please feel free to bring any clothing you wish to donate as well.
Trusted Clothes facebook event page

Although this is not a Green Party event, Trusted Clothes commitment to ethical, sustainable environmentally friendly (and health conscious!) endeavours will very likely appeal to green folk.