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Federal advisory panel recommends carbon tax to reduce greenhouse gases

Jan. 7, 2008, Ottawa -  A federal advisory panel is recommending placing a national price on carbon as quickly as possible to help Canada reduce greenhouse-gas emissions.


January 7, 2008  By Canadian Press

Jan. 7, 2008, Ottawa –  A federal advisory panel is recommending placing a
national price on carbon as quickly as possible to help Canada
reduce greenhouse-gas emissions.

The politically controversial recommendation is among a host of
policy prescriptions offered by the National Roundtable on the
Environment and the Economy.

The panel suggests a carbon tax and-or a carbon-trading mechanism
for industry, as well as measures to reduce other air pollution, in
efforts to reduce Canada's emissions 65 per cent by 2050.

The panel is comprised of some of the country's top business and
environmental leaders; its recommendations are non-binding.

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Both Prime Minister Stephen Harper and Opposition Leader Stephane
Dion have in the past rejected the notion of a carbon tax.

Some of the world's top environmental economists, however, have
said taxing carbon is the only effective way to dramatically reduce
greenhouse gases in the atmosphere.

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