In the pursuit of a so-called “ grand bargain ” on climate and energy, Mark Carney has made a series of strategic policy retreats over his first six months in office. From the day-one elimination of the consumer carbon price and the more recent pause placed on the federal EV mandate to the now-widely rumoured removal of the emissions cap, Carney’s Liberals have thus far governed far more like Conservatives on climate policy. So far, at least, these decisions can all be seen as Carney cannily neutering his primary political threat. But if he fails to draw a hard line at some point, and on some policy, those retreats won’t look nearly as strategic. Instead, they’ll just look like surrender.
That’s why it’s time for him to stand his ground on the industrial carbon tax. While the