Mark Carney Proposes Repeal of Carbon Tax in Leadership Bid

Mark Carney, a frontrunner in the Liberal Party leadership race, has announced plans to eliminate Canada's consumer carbon tax, which he deems ineffective and divisive. Instead, he proposes to introduce green incentives funded by major polluters to encourage households to adopt eco-friendly practices, such as purchasing energy-efficient appliances and electric vehicles. Carney aims to retain the industrial carbon price but believes that a new approach is necessary to unify the party and address economic challenges, particularly in light of rising U.S. tariffs. His campaign emphasizes the need for serious leadership and a strategic pivot towards positive incentives rather than punitive measures. This shift aligns with sentiments among Canadians who have expressed frustration with the current tax regime. Both Carney and fellow leadership contender Chrystia Freeland advocate for a significant change in climate policy as they prepare for the upcoming electoral contest.