Conservative Opposition Mobilizes Against Liberal Carbon Pricing

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Conservative Opposition Mobilizes Against Liberal Carbon Pricing
Liberal GovernmentCarbon PricingPierre Poilievre
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The opposition leader Pierre Poilievre and the Conservatives are rallying against the Liberal government's carbon pricing plan, which is a key component of their climate strategy. Anti-carbon tax protests have increased as inflation rises, with concerns over the cost of living.

A centrepiece of the Liberal climate plan, carbon pricing , has become a rallying cry for the opposition leader Pierre Poilievre and the Conservatives , whose Axe the Tax campaign has tapped into growing anxieties about the daily costs of housing, food and other necessities.Anti-carbon tax protesters wave signs and chant slogans as they block a westbound lane of the Trans Canada highway near Cochrane, Alta., in April.

Poilievre, while forcefully criticizing many parts of the Liberal climate agenda, has not said that he will remove carbon pricing on large emitters. Earlier this year, oilsands lobby group Pathways AllianceThe industrial carbon pricing system is designed to get major industries — like steel, cement, oil and gas — to lower their emissions over time.

"That market also helps attract investment, because firms that hold those credits in hand can think of them as cash flow, as long as there's a clear expectation that they're still going to be worth something in the future."Conservative Party Leader Pierre Poilievre has campaigned on his plan to get rid of Canada’s consumer carbon tax system, but he’s caused uncertainty for some industries by not revealing his plans for industrial carbon pricing.

Alberta Premier Danielle Smith, who is a vocal critic of federal climate action, told The Globe and Mail that she$1 billion sitting in it. The province has invested millions from the fund to support carbon capture projects and help heavy industry switch to renewable energy.from companies by 2030 in compliance payments, which it can then reinvest back into those industries for projects that reduce emissions and produce clean energy.

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