The Conservative Party recently adopted a fee on carbon emissions after previously resisting Liberal Prime Minister Justin Trudeau’s carbon pricing.
After the Supreme Court held up Trudeau’s plan as constitutional in March, Conservative party leader Erin O’Toole noted that they had “fought and lost two elections against a carbon tax” at a policy convention.
The Conservative plan would cap carbon prices at 50 CAD as opposed to 170 CAD under Trudeau’s plan. Under Trudeau’s plan, the money received from the increase in carbon prices is returned to citizens through the carbon tax rebate. Under the Conservative plan, however, money will be put into a government savings account and used to make green purchases through the country.
You can read more on the Conservatives’ plan here.