Personally, I mostly agree with Minister Guilbeault: #ClimateChange is a serious problem for the world; Canadians ought to do our share to reduce carbon emissions; increasing the cost of emissions is in principle an economically efficient way to do so.
That said, there are empirical questions: How much is the #CarbonTax reducing emissions? Are there other measures that would have similar effects at lower cost? Premier Moe is not wrong when he says natural gas exports can be beneficial on net.
"[T]he parliamentary budget officer, wrote in a report last year: “When both fiscal and economic impacts of the federal fuel charge are considered, we estimate that most households will see a net loss.” He estimated that for the 2024-25 fiscal year, the carbon tax would cost the average household between $377 and $911 after accounting for rebates and factoring in the economic cost of lower incomes."
@evan I'm not at all convinced that Canada shutting down domestic fossil fuel production is desirable. The burning of fossil fuels is not supply-constrained, and any decrease in Canadian production would merely be replaced by production elsewhere in the world.
We have to cut carbon emissions by reducing demand, since we have so little leverage over global supply.