Comment by oldpond

Carbon tax is pure economic foolishness. Imagine there's one pipe with smoke coming out of it, and imagine there's another pipe with a lever. If you pull the lever, bags of money will come pouring out of the pipe. That's the carbon tax. The thinking is that the pipe with the smoke will stop belching, but it won't. There's no direct connection between the pipes. We HOPE drivers will drive less if the carbon tax hits their pocket book, but there is no guarantee. It's like changing the interest rate and hoping the economy will improve.