Quote:
Originally Posted by dleung
I make 6 figures and use my car maybe once a week.
The big, big subsidy for the oil and gas industry is that cities continue to sprawl instead of densify, making it hard for transit to be practical. The fact that a middle class family can even afford a house (outside Vancouver/Toronto) is a subsidy to the oil and gas industry. All the suburban road and servicing infrastructure built to date is a subsidy. Your carbon tax would be through the roof if it even comes close to covering the cost of undoing the environmental damage from burning that fuel.
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The Metro 2040 plan called for most of Metro Vancouver's density to be built in small zones around skytrain stations for exactly this reason. Building big is a lot better for the environment both in terms of construction, insulation, heating, maintenance, and travel.
However, this faces massive backlash from NIMBY's, the anti-money anti-development crowd, and those who think we don't need more supply.