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this post was submitted on 01 Jul 2023
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It's a good move. Canada isn't even close to hitting it's climate goals. The only way to actually hit 1.5C climate goals would be to tax carbon extremely heavily, resulting in a massive drop in quality of life. However if we and other countries don't pay that "tax", then we will pay massive interest over the next couple generations. It's a lose lose situation.
I disagree. This legislation will just result in producers adding even more ethanol to gasoline, leading to more valuable farm land switching from food production to biofuels.
Canadians are struggling to feed themselves as it is, we don't need scarcity driving up costs even more.
Corporate profits is the reason, not supply
Cool, so lets make things worse by reducing supply as well?
Really don't understand your train of thought here my dude.
We over-produce so much that we have artificial limits to protect profitability. Supply is not an issue.