Patrick Brown claimed: “[cap and trade] is a 1.9-billion-dollar cash grab by government”
Fact: Wrong again. Every dollar generated through cap and trade will be deposited in a dedicated account and reinvested into green projects like transit, electric vehicle incentives and housing retrofits that fight climate change. This means every dollar goes back into helping families and businesses successfully make the transition to a low-carbon economy. (Source: https://news.ontario.ca/ene/en/2016/11/how-cap-and-trade-works-1.html )
Patrick Brown claimed: “if it was really about the environment, it would not be a revenue tool for government.”
Fact: Patrick Brown should know that independent, third-party experts have proven his carbon tax scheme would be more expensive and less effective than our plan. Every dollar also goes back into helping families and businesses successfully make the transition to a low-carbon economy. (Source: https://www.enviroeconomics.org/single-post/2016/05/17/Impact-Modelling-and-Analysis-of-Ontario%E2%80%99s-Proposed-Cap-and-Trade-Program)
Patrick Brown claimed: “the one province that’s actually had emission reductions it’s [sic] actually BC”
Fact: Wrong. Ontario set and achieved a 2014 target of GHG emissions 6 per cent below 1990 levels. According to Environment and Climate Change Canada’s 2016 National Inventory Report, Ontario’s emissions decreased by over 40 megatonnes.
Over the same time period, BC’s emissions actually went up by 19 per cent.
(Source: Table S-4 Environment and Climate Change Canada)
Earlier this year, the Ontario Legislature voted to enshrine the GHG targets below (relative to 1990) into law. Only the provincial Conservatives – led by Patrick Brown – voted against: