Carbon Taxes: Coming Soon?

Well, at least now I have a better understanding of the issue after reading the climate change book. The National Roundtable on the Environment issued a report on Monday, January 7th as to how the government should be responding to the GHG emissions issue in Canada. One of the members of the Roundtable was Marc Jaccard, one of the authors of the book Hot Air: Meeting Canada's Climate Change Challenge so it's not surprising that the Roundtable recommends carbon taxes and cap and trade systems and so on to government. Does this mean we're going to have such taxes soon? NOT!! The government has no intentions of bringing in these taxes anytime soon. And maybe the government is correct. Why?

A number of commentators have pointed out that there is a fatal flaw in the reasoning and recommendations of the roundtable report: none of this will work unless the whole world gets into it together! One commentator calls it sheer lunacy, and to another it's insanity were Canada to act unilaterally. I guess that's the crux of the whole argument, isn't it?