What if we slapped carbon taxes on shareholders not consumers?

Focusing carbon taxes on shareholder income linked to GHG emissions could help pressure companies to lower their emissions

About 10 years ago, a very thick book written by a French economist became a surprising bestseller. It was called “Capital in the 21st Century.” In it, Thomas Piketty traces the history of income and wealth inequality over the past couple of hundred years.

The book’s insights struck a chord with people who felt a growing sense of economic inequality but didn’t have the data to back it up. I was one of them. It made me wonder, how much carbon pollution is being generated to create wealth for a small group of extremely rich households? Two kids, 10 years and a Ph.D. later, I finally have some answers. |Read more https://www.corporateknights.com/category-finance/what-if-we-slapped-carbon-taxes-on-shareholders-not-consumers/|

#CarbonTax #shareholders #CarbonPollution #ClimateChange #emergency #politics #cdnpoli

‘Different factors’ fuel housing crisis, not international students: Trudeau

Speaking to reporters after this year’s cabinet retreat in Charlottetown, Trudeau said international students were just the latest group being blamed for the housing shortage.

“We have to be very careful. Over the past years, we’ve seen a lot of different people and a lot of different groups blamed for the housing crisis. At one point it was foreign homebuyers. At another point it was developers being super aggressive. Another point, it was under-investments by various orders of government. Now it’s people saying, ‘Oh, it’s international students,’” Trudeau said.

“Yes, there’s a lot of different factors that go into this housing crisis. But it’s something that has been brewing and developing over the past number of decades.”

A number of Trudeau’s cabinet colleagues have echoed this sentiment recently, but have also spurred questions about whether the government’s immigration targets need to be reviewed as the country struggles to cope with a housing crisis.

Public Safety Minister Dominic LeBlanc said Tuesday that changing the new immigration target isn’t a conversation he’s had with any fellow ministers, but he said the government must tailor its policies on immigration and housing to acknowledge the link between the two. |Read more https://globalnews.ca/news/9914141/justin-trudeau-housing-crisis-canada/|

#politics #cdnpoli #housing #crisis #immigration