Canadian Chamber of Commerce solidly backs carbon pricing

Canadian Chamber of Commerce solidly backs carbon pricing
Posted on December 18, 2018 | | Written on December 18, 2018
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The Canadian Chamber of Commerce says the business community in Canada is solidly backing carbon pricing as the way for it to "play its part in the fight against climate change" — and it wants governments to stop playing politics and waffling about it.

The group, which bills itself as "the voice of Canadian business" and represents 200,000 companies across the country, released a report this past week, as international climate talks were wrapping up in Katowice, Poland, arguing strongly in favour of carbon pricing such as carbon taxes and cap-and-trade systems. It sees this as the most cost-effective way to transition Canada to a low-carbon economy and proposes how it would like to see carbon pricing implemented.

"Business wants to play its part in the fight against climate change, but our public policy has to balance our climate objectives with the need to ensure Canada remains attractive to start or grow a business, and to invest," said Perrin Beatty, the group's president and CEO and a former Conservative MP, in a statement.

Aaron Henry, the group's director of natural resources and environmental policy, and the author of the new report, said the group's members believe "carbon pricing is probably the most effective mechanism of emissions reduction."

In a statement accompanying the release of the report, he added, "Canadian businesses of all sizes are prepared to accept carbon pricing as a cost of doing business, but remain very concerned that governments will continue to use it as a political bargaining chip instead of delivering a pricing policy that is simple and works well."

 
 

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