A new study from the Fraser Institute says taxes aimed at curbing climate change and helping green energy projects produce phenomenal costs and little benefit to the environment.
The Vancouver-based group examined climate change initiatives in Canada and around the world, all of which wastes billions of taxpayer dollars.
“Across the country, ineffective climate policies will cost taxpayers billions with little to show for it,” said Fraser Institiute energy and natural resources expert Kenneth Green in a news release Thursday.
Jason Kenney, the new leader of the United Conservative Party in Alberta, was quick to seize on the report, tweeting on Friday: “New study says the NDP carbon tax will cost the average family $3600 over the next 3 years. It is ‘going to cost a great deal of money, but, most likely, will yield very little return in terms of environmental benefits.’”
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