Carbon Pricing
Liberal
- Continue to increase the federal carbon price by $15/tonne each year, reaching $170/tonne by 2030.
- Work with key trading partners, like the US & EU, to apply Border Carbon Adjustments on imports from countries with less action on climate change.
Continue to put a rising price on pollution, while putting more money back into the pockets of Canadians.
Keep protecting Canadian jobs and competitiveness through smart carbon pricing design.
Move forward, in collaboration with key trading partners, like the United States and European Union, on applying Border Carbon Adjustments to imports from countries that aren’t doing their part to reduce carbon pollution and fight climate change. This includes considering applying Border Carbon Adjustments on imports of steel, cement, aluminum, and other emissions-intensive industries, similar to the European Union’s approach.
— Forward. For Everyone., retrieved 2021-09-02
Conservative
- Remove the federal price on carbon.
- Replace it with a Personal Low Carbon Savings Account, requiring people to pay into their PLCSA every time they fill up.
- Start the PLCSA at $20/tonne, rising to $50/tonne.
- People could withdraw from their PLCSA to spend on products to reduce their energy footprint, such as transit passes, green home retrofits, & electric vehicles.
- Maintain Output Based Pricing.
Canada’s Conservatives will work with the provinces to implement an innovative, national, Personal Low Carbon Savings Account. This will put a price on carbon for consumers without one penny going to the government. It will be completely transparent and engage consumers in the process of building a lower carbon future.
Canadians will pay into their Personal Low Carbon Savings Account each time they buy hydrocarbon-based fuel. They will be able to apply the money in their account towards things that help them live a greener life. That could mean buying a transit pass or a bicycle, or saving up and putting the money towards a new efficient furnace, energy efficient windows or even an electric vehicle.
Canadian families and businesses have been trailblazers in the use of affinity or rewards programs and have great expertise in both managing and using them. This program will operate similarly, and may be managed by a consortium of companies as the INTERAC system is.
— Secure the Environment, retrieved 2021-08-29
Our plan will ensure that all Canadians can do their part to fight climate change, in the way that works best for them, and at a carbon price that is affordable: starting at $20/tonne and increasing to $50/tonne but no further. Even at this lower carbon price, we will ensure that this does not place an excessive burden on low-income Canadians and will protect farmers by ensuring that they have affordable options.
Businesses that aren’t subject to the Output Based Pricing System but buy fuel will have a Small Business Low Carbon Savings Account that will operate similarly.
— Secure the Environment, retrieved 2021-08-29
NDP
Putting a price on carbon has been an important tool in efforts to drive emissions reductions. We will continue with carbon pricing while making it fairer and rolling back loopholes this Liberal government has given to big polluters. But we also recognize that carbon pricing won’t be enough to tackle the climate crisis. Further action is needed.
— Ready for Better, retrieved 2021-08-27