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Industrial carbon price cuts 3 times the emissions of consumer levy: report

New research projects carbon tax could cut emissions by more than 100 million tonnes a year by 2030
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Canada’s carbon price could slash greenhouse gas emissions by more than 100 million tonnes a year by 2030 but only about one-fifth of that will come from the consumer carbon price at the centre of Conservative attacks. Smoke rises from the stacks at an energy facility in Toronto on Thursday January 15, 2009. THE CANADIAN PRESS/Frank Gunn

Canada’s carbon price could slash greenhouse-gas emissions by more than 100 million tonnes a year by 2030, but only about one-fifth of that will come from the consumer carbon price at the centre of Conservative attacks.

A new analysis published Thursday by the Canadian Climate Institute said the price applied to big industrial emitters plays a far greater role in cutting emissions than the consumer fuel levy.

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