Carney proposes alternative to divisive carbon price. How would it work? – National [Video]

Liberal leadership contender Mark Carney is backing away from Prime Minister Justin Trudeau’s consumer carbon pricing regime but will keep industrial pricing in place.

Carney said the country has become divided over the policy because Canadians have been fed “misinformation” by Conservative Opposition Leader Pierre Poilievre.

“Since Canada’s current climate policy has become too divisive, it’s time for a new, more effective climate plan that everyone can get behind,” Carney said at an event in Halifax Friday morning.

“It’s a plan that makes our economy more competitive. It grows good jobs today and will grow better ones in the future.”

He sketched out broad points of a plan that largely swaps the stick for the carrot for Canadian households. It includes financial incentives for purchases of more energy efficient appliances and electric vehicles, and improvements to home insulation.

Carney, a former Bank of Canada governor who has spent the last several years as a United …