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While this seems like a simple concept in theory, it fails to take into account that these taxes would likely filter down to the consumers through price increases. The government must be aware of a key stakeholder, the general public, when considering such a tax. Another option would be for Canada to purchase the emissions allowances of other countries...

Another option would be for Canada to purchase the emissions allowances of other countries. This too, however, would be costly and this cost would be again passed down to taxpayers. It would also raise questions about whether Canada is doing its part in being environmentally responsible. Using the purchase of emissions credits as a quick fix may actually be a way of sweeping the problem under the rug, which may further compound the problem...

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