2008-06-19
Canada's Liberal Party To Unveil Long-Awaited Carbon Tax Plan. By Randall Palmer, Reuters, June 18, 2008. "Canada's Liberal Party [unveils today] a long-awaited carbon tax plan... what it is calling a 'green shift'... The idea was to apply C$15 billion ($14.7 billion) in taxes on fossil fuels and return the same amount via income tax cuts. The Conservatives got out ahead of the announcement with an advertising campaign that said Liberal leader Stephane Dion planned a 'tax on everything'... The Liberals see the environment as a weakness of the minority Conservative government, whose home base is in the energy-rich province of Alberta. Dion won the leadership of the Liberal Party 18 months ago on a green platform and appears ready to defy conventional political wisdom that in tough economic times voters are less inclined to make sacrifices for the environment... [although] some privately fear that new... taxes are politically unpalatable when prices are already rising... No election is expected this summer but the... Conservatives... must face an election by October 2009. The Liberals trail the Conservatives slightly in opinion polls."
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