Not an issue for me. 17 cents more in 2030? I’m sure the greedy corps would have pushed the fuel price by a lot more in 7 year’s time.
And that’s just what the Parliamentary Budget Office predicted. The article also has another prediction:
“There’s a zero per cent chance it would be worse than what the Parliamentary Budget Office is saying,” said Wolinetz, who predicts a cost impact of under 10 cents a litre by 2030.
sounds good to me.
Conservatives will oppose it because they live in a fantasy world view fed to them by people working for oil companies.
More incentive for people to look at hybrids or electric for their next car.
I’ll just ride my bike more. I’m easily saving $2-6 per errand by using a bike instead of a car.
Good. Some people will try to phrase this as a bad thing because yes, you will pay more (eventually, anyway – article says they don’t expect “any real bite until around 2025”). But we should be paying more given the environmental damage that burning this fuel causes. We should not be effectively subsidizing oil companies by paying the cost of their negative externalities.
If anything, I think there should be even more than this. We should have Norway style taxation on fuel. They have a massive savings fund that massively dwarfs our own closest equivalent.
