Canada moves on carbon tax, but U.S. won't follow

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Washington Examiner:

Canada will initiate a nationwide tax on carbon emissions to combat the threat of climate change.

 

Catherine McKenna, Canada's environmental minister, said the tax on the greenhouse gas, blamed for manmade warming of the Earth's atmosphere, will go into effect by the end of the year, according to Bloomberg TV Canada.

 

"What we want to see is uniformity in terms of a national price, also that we're doing it in a thoughtful way, and provinces and territories need to decide what they're doing with the revenues," she said.

 

The tax, or fee, will affect higher-emitting resources such as coal plants the most. The tax is meant to drive the development of lower-carbon energy resources in an effort to combat global warming.