Canada will not introduce a carbon tax or participate in a foreign carbon market, Environment Minister John Baird told a parliamentary committee reviewing proposed clean-air measures Thursday. "o carbon tax" would be introduced as part of Canada's efforts to cut greenhouse-gas emissions linked to global warming, Baird told the hearing.
"We're not interested in participating in carbon markets overseas," he said under questioning, suggesting also that Canada would "face economic collapse" if it tried to meet its Kyoto Protocol targets.
"Let me be clear that there are some fundamental principles that guide this government: We will not spend taxpayers' dollars to buy international hot-air credits just to meet our Kyoto targets."
His predecessor, former environment minister Rona Ambrose, who was replaced in January, had said she would support a Canadian carbon market, expected to launch soon in Montreal.
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