The Carbon Tax Won’t Leave You Broke
As of January 1, 2017, the Alberta Government will be implementing the carbon tax.
Albertans are pissed.
However, I don’t actually think many people understand what the actual impacts are of the carbon tax.
The carbon tax is being introduced as a way to get Albertans to lower their consumption of carbon. That means the government is trying to incentivize being environmentally responsible. Yes, you should take public transit or walk to work if you can. No, you don’t need that third vehicle, or a quad, or a boat. As Albertans I have to say we are damn obsessed with our things. The average Albertan owns TWO phones. WTF!?!?! Albertans are in a rage over the carbon tax, but is it warranted? Shouldn’t it be more expensive to live a life that is detrimental to plant earth?
Regardless of my personal views on the matter, a lot of Albertans think this new tax is going to bankrupt them and they might even have to move to Mexico. You guys, I can’t make this stuff up… this guy actually thinks it will be cheaper to move to Mexico than it will be to pay the carbon tax.
Propaganda in the media
Unfortunately, Alberta is seriously right-wing, which means as soon as there is an ounce of change, people lose their shit; rightly or wrongly, without knowing the facts.
The fact of the matter is, the average Albertan will be better off.
Alberta has the highest average household income in Canada. With that being said, the average income is still below the Carbon tax rebate threshold of $95,000 (the average is $92,300). I’d argue it’s probably decreased since the recession hit, so more people will have the rebate available to them.
As of January 1, 2017 the cost of fuel will increase by 4.49 cents/L, and the cost of natural gas will increase by $1.011/GJ. The Alberta Government estimates that a couple uses 123 GJ of natural gas per year and 3,000 L of fuel for their cars. This means that the fuel levy would increase their cost of living by $259. However, if their household income was under $95,000 they would qualify for a $300 rebate, leaving them in a better financial position.
You can calculate what you can expect to pay and receive back based on your usage with this calculator CBC has built.
I tink the bottom line is, and most people will find that there is a gross exaggeration with just how much the carbon tax is going to cost individual Albertans.
No, it will not bankrupt you.
Yes, you will still be able to afford groceries.
Will you have to start thinking about your carbon consumption?
While $20/tonne won’t affect many people, within the next 5 years the tax for Canadians will increase to $50/tonne which may actually start to incentivize Canadians to start using less of natural gas and gasoline, which to most people would seem like a good thing. The hope is that this investment will allow the economy to start investing in renewable energy and for Canadians to start doing their part to reduce their carbon emissions.
Many people say that there is no way this will happen, the tax won’t work (despite other economies like Norway and Australia that have implemented it successfully), Canada won’t be able to compete in the world market and people are going to go broke trying.
These people have an aversion to change, but things change, and there is a lot of things people have been against in the past that ended up benefitting the country as a whole…. hi, universal healthcare.
If we have geniuses that can put us into space, I have no doubts that we have people smart enough in this country that will find a way to produce clean, affordable, green energy.