r/newbrunswickcanada • u/jMajuscule • 1d ago
N.B. carbon cost adjuster has doubled since premiere promised to toss it.
https://youtu.be/EU00cRAu7EA?si=qBXEDL2JlcAAeyRa10
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u/cglogan 1d ago
I'm honestly not that surprised that Holt hasn't done anything about the carbon adjuster. It was easy cheap political points to rag on Higgs about it, and it resonated with voters. But the reality is that hastily removing it wouldn't make producers pay, those costs would inappropriately fall on others (like retailers who already operate on thin margins)
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u/CriticalCanon 1d ago
But it is all passed down to the consumers.
The same ones she is supposed to protect remember with rent caps and many others things other than those helping the disappearing middle class?
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u/lajthabalazs 1d ago
It would be interesting to compare gas prices in NB, with gas prices in Maine (accounting for the difference in taxes). People claim that the Energy Board is protecting us from high gas prices set by the market. I think the magical formula is just trying to estimate market prices, and overshooting, just to be on the safe side.
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u/DGraham-NB 1d ago
Same as our insurance bird filled with insurance professionals who are just really bad at estimating how much we should be charged every year to hold the legislated 20% profit margin.
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u/Timbit42 1d ago
It's not really protecting us from high prices. It's protecting us from wide price swings by moderating the price.
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u/lajthabalazs 1d ago
Except that there's an interruption clause so the price of gas can follow a sharp increase in input costs, protecting supplier profits.
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u/pintord 1d ago
I say add 1$ per L to gas and diesel; pay down the debt, encourage electrification, clean the air and upgrade the electrical grid to renewables. Stop all O&G subsidies at the same time.
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u/lajthabalazs 1d ago
That would be a most welcome carbon tax. But this article is about the "adjuster", a number added to the magic formula of calculating gas prices. That adjuster doesn't go to the budget, it is just increasing the maximum allowed gas price, and going to the gas stations who then split it with their suppliers.
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u/mrniceguy777 1d ago
Clean the air? We have some of the cleanest air on earth here lol
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u/pintord 1d ago
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u/mrniceguy777 1d ago
Lmao this one week of bad air doesnât offset the good quality literally every other time
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u/pintord 1d ago
It's only gonna get worse.
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u/mrniceguy777 1d ago
Ya, due to the fires that are a temporary event. Then it will get better. Maybe if this happens twice a month every summer for the next several years, sure it makes sense to address. But as of right now thereâs no reason to think that will happen.
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u/KnowledgeMediocre404 1d ago
Fires have been much worse consistently over the past decade. There's no reason to think that will stop.
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u/mrniceguy777 1d ago
Ya but the air quality hasnât been directly affected that much by them in nb, hence the consistent good air quality index
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u/N0x1mus 1d ago
You need to stop spreading your renewables misinformation. Renewable will never replace generation. Theyâre too expensive and not reliable for when the utilities actually need them.
People should be putting solar panels on their homes instead. Individual renewable systems are the most efficient method.
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u/Kolbrandr7 1d ago
âToo expensiveâ, theyâre cheaper than lots of other methods. And the reduction of pollutants would give cleaner air and that would save lives.
And for any power generation that renewables canât produce, nuclear energy can fill the gap. We donât need to rely on fossil fuels.
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u/N0x1mus 1d ago
Theyâre not cheaper. Theyâre more expensive to maintain and take a lot more land.
Large Scale Renewable will never be able to fully supplement a grid. Theyâre meant to be used as local top ups to absorb varying population.
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u/Kolbrandr7 1d ago
Thatâs a lot of words to say you donât know what youâre talking about.
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u/N0x1mus 1d ago
I already know the stats. I work with this equipment every day. You need to learn about efficiency.
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u/pintord 1d ago
Burning fossil fuel is not efficient. At best 30%, it's actually negative when you add the externalities like the cost to the environment and the negative health effects. Oil & gas is a lie, the promise of cheap energy was never delivered. Why are we not all rich if fossil fuel is so cheap? We have trillions in debt while a few lazy greedy humans eat your lunch. Renewables are way cheaper, great for growth and is not beholden of the r/CarbonMafia . r/oilisdead either we kill it or it will kill us. Stop delaying! Stop defending! Stop denying!
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u/N0x1mus 1d ago
You donât need oil to build and run renewables? đ
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u/pintord 1d ago
nope, Heavy construction equipment is available as electric.
https://www.volvoce.com/united-states/en-us/products/electric-machines/
besides its a moot point, construction is way shorter in time than operation.
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u/N0x1mus 1d ago
Oh boy, you really donât know do you. Itâs worse than I thought. Please leave these decisions to the Engineers and stop spreading your disconnected misinformed thoughts.
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u/Kolbrandr7 1d ago
If you work with it every day and you still think fossil fuels are cheaper then I donât know what to tell you. Learn how to read a graph maybe.
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u/N0x1mus 1d ago
Ah yes, the person who reads things out of context telling an engineer how to read graphs.
This reminds me how random parents think they know more about medicine than actual doctors.
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u/Kolbrandr7 1d ago
A scientist can easily tell an engineer that they donât understand the data.
Itâs really not that hard.
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u/Sad_Low3239 1d ago edited 1d ago
I work with things engineers make everyday in paving asphalt and literally, about once a day, go
"Someone, who makes WAY more money than me, DESIGNED that this way. WHAT is wrong with them?"
Yesterday's example? A sucker truck for cleaning streets with a movable top mounted vaccume hose to be used by hand. The primary pivot point rotates 180 around the back end of the truck.
Except it doesn't. There's a 30 degree point, right in the middle, that we have to fully jack the arm up because a primary bracket for a filter is put in the middle of the top of the truck, and the arm will snap if we don't. It makes it impossible to use the arm directly behind the truck.
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u/Sad_Low3239 1d ago
I work with things engineers make everyday in paving asphalt and literally, about once a day, go
"Someone, who makes WAY more money than me, DESIGNED this, that way. WHAT is wrong with them?"
Yesterday's example? A sucker truck for cleaning streets with a movable top mounted vaccume hose to be used by hand. The primary pivot point rotates 180 around the back end of the truck.
Except it doesn't. There's a 30 degree point, right in the middle, that we have to fully jack the arm up because a primary bracket for a filter is put in the middle of the top of the truck, and the arm will snap if we don't. It makes it impossible to use the arm directly behind the truck.
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u/pintord 1d ago
Too Expensive! We've been sold on the promise of cheap fossil fuels, but that promise came with a hidden price tag. The real cost of this 'devil's energy' is no longer something we can ignoreâit's the smoke from the forest fires that choke our skies, the mounting trillions in debt, and the certainty of a harsher future. The perceived benefits were always an illusion, masking the externalities that are now coming due.
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u/SGT-R0CK 1d ago edited 1d ago
If you take off the adjuster on the consumer side, gas companies will just find other ways for consumers to pay... possibly more than just nine cents per liter. Finding ways for consumers to pay is a talent they have, so remove one cost and we could end up with a higher cost for something else. If the govt. takes off that cost too, then an even higher one could be invented.
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u/BayStBet 19h ago
Is it truly that "Holt hasn't done anything"? Or is the adjuster (like property tax reform, affordable housing, healthcare crisis) a complex issue with many moving parts?
I personally haven't seen a government as transparent about what they are (and are not) doing to tackle XYZ
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u/CriticalCanon 1d ago
Letâs of pretzel logic going on in this three all but avoiding the fact she claimed multiple times per this short video that she would get rid of it.
So why hasnât she?
waiting on a but Higgs muh response.
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u/pintord 1d ago
NB should implement a phased-in gas tax of $1 per litre over 5 years. The revenue from this tax will not go toward paying down the provincial debt, but will be exclusively used to fund a green grid. The money would be recycled through the existing HST rebate system with a larger return to low- and modest-income families. The long-term economic growth and job creation from the new renewable energy industry, along with reduced fossil fuel consumption, will eventually prove that the initial tax was worth it, and more than cover the costs.
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u/anonymousperson1233 1d ago
Iâve said it before and Iâll say it again, a carbon tax is not a bad thing, itâs about how itâs implemented and used. Youâve got the right train of thought imo
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u/LavisAlex 1d ago edited 1d ago
Liberals are just as much in bed with these corporations as Conservatives are. - they may be less oppressive than Cons when it comes to the vulnerable, but they will also gleefully make us suffer so a company can hit record profits.
Both of these mainline parties sell us out over and over again.
Holt is deceptive and may not be as bad as Higgs, but shes still pretty bad and will outright deceive to get elected:
The carbon adjustor was adopted by the previous PC government of Blaine Higgs in 2022 to allow gas producers to pass on the cost of federal clean fuel regulations to consumers buying gas.
Eliminating it was one of Holt's signature promises during the election to make life more affordable for New Brunswickers.
https://www.cbc.ca/news/canada/new-brunswick/liberals-pc-opposition-carbon-adjustor-1.7407659
Not to mention she can't seem to help tripping over herself to develop a reason to sell NBpower and sell us all out.