this post was submitted on 31 May 2024
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[–] SamuelRJankis@lemmy.world 2 points 5 months ago

What happened:

...based their high-profile analysis of the federal fuel charge β€” commonly known as the carbon tax β€” on calculations that included more than just the federal fuel charge.

It turns out the PBO's complex computer code had actually included the federal output-based pricing system β€” commonly known as industrial carbon pricing β€” when it wasn't supposed to.

The new numbers is not going to available for a while:

As we've heard, Giroux doesn't think the "economic" costs will be all that different once the PBO is done rerunning all its mathematical models in several months' time.