Prime Minister Justin Trudeau says revenue generated by pricing carbon will stay within each province. Prime Minister Justin Trudeau announced a national “floor price” on carbon Monday that would require all provinces and territories to have some form of carbon pricing by 2018. Here are five things to know about putting a price on carbon: Why a carbon price? The federal government said any carbon pricing should minimize competitiveness impacts and avoid simply driving emitting industries abroad, particularly for trade-exposed sectors. More on thestar.com: Justin Trudeau’s Liberals unveil plan to price carbon Justin Trudeau explains $10 per tonne carbon pricing Alberta’s Notley, Saskatchewan’s Wall push back on Ottawa’s climate change plansRead more about:

Source: thestar October 03, 2016 21:22 UTC