Carbon Tax Fact Sheet by Natalie Perry

While going around from class to class collecting ideas for energy conservation, water conservation and climate change reduction, I noticed that many staff and students did not know what the carbon tax was. It is important for everyone to be informed on what the carbon tax is as Ontario was implementing a carbon tax within six months from the beginning of our discussions. The United Nations (UN) also released a report with the Intergovernmental Panel on Climate Change (IPCC) stating that if global warming increases by 0.5°C, it will have detrimental effects on our planet. Right now we are headed to reach this increase in temperature between 2030 and 2052, increasing the global temperature to 1.5°C. This will have detrimental effects on our ecosystems, causing extreme weather conditions and rising sea levels. If we do not do something, there will be irreversible effects on our planet caused by climate change. The carbon tax is a simple step to try to encourage the human population to reduce their carbon emissions, by raising the price of carbon (adding a tax). This encourages humans to use less carbon, as it is more expensive, hoping to reduce the carbon emission levels released since pre-industrial times. Carbon emissions (mainly carbon dioxide) are large contributors to climate change. In fact economists William Nordhaus and Paul Romer won a Nobel Prize in 2018 for their work on the economics of climate change. The UN report was issued just after they won their prize. https://www.cbc.ca/radio/asithappens/as-it-happens-monday-edition-1.4843029/nobel-prize-winning-economist-says-carbon-taxes-are-the-solution-to-climate-change-1.4854639

This is the first step to try and save the planet.

Please click the following link to view the Carbon Tax Fact Sheet:

https://docs.google.com/document/d/e/2PACX-1vS7pttyHfBW6kFiinVO0EExNadxgf3adP2gP0h79w19Y34YAq0kGbxLE-HtGRSM_p_vqZ4u86YZyAGG/pub



Thank you for your time!