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.
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17 cents? That's just normal price hike in the last 6 month.
It'll go down 4 cents then up 10 cents, rinse and repeat every 2 weeks π
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.
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.
Also I was reading that the ceiling impact will be ~$0.17/L... and that the actual cost to consumers is expected to be lower.
I have a 40L tank... Gas costing $4 more per fill to help stop the goddamn planet burning up seems worth it to me.
I think the real concern should be if Oil/Gas companies will actually reduce emmisions or just use this as cover to gouge us $0.17 on day 1 and $1.70 on day 1000.
It's not going to stop the planet from burning unless you (and the rest of us) stop driving as much as we do...
Fully agree it won't prevent catastrophe on its own. I'm a huge proponent of better public transit and more walkable cities.
More incentive for people to look at hybrids or electric for their next car.
Why put such a shitty spin on it? We're developing clean fuel tech -- focus on that, mention the increase in costs, and spin it as a way to accelerate the transition to electric mobility.
I'll just ride my bike more. I'm easily saving $2-6 per errand by using a bike instead of a car.