Comment: Trudeau’s $50 carbon price too low, too high

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Hats off to Prime Minister Justin Trudeau for drawing a line in the sand to address climate change by setting a floor on the price of fossil carbon dioxide emissions in Canada at $50 a tonne by 2022.

Economists agree setting a price on carbon emissions is the most efficient way to achieve reductions. Unfortunately, the level of carbon tax required to achieve the reductions needed is far above that which the general public is willing to accept.

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