Trudeau to Force a Hybrid Carbon Price On Holdout Canadian Provinces

摘要

Canada's federal government will tax fossil fuels and cap industry emissions in any province that doesn't bring in its own carbon price. Prime Minister Justin Trudeau's government revealed a "backstop" plan May 18 in Ottawa that would essentially force the minimum carbon price he announced last year onto holdouts. He's also pledged to return any revenue, though has yet to determine whether the funds will go to provincial governments or directly to citizens and businesses.