Environment Minister Steven Guilbeault announces “social cost of carbon.” Could this mean a $247/tonne carbon tax?

On Wednesday, April 19, federal Minister of Environment and Climate Change announced a new “social cost of carbon.” In this video post on Twitter, he referenced a newly evaluated “social cost” of $247 per tonne of CO2. He noted that previously the cost of “carbon pollution” had been evaluated at $54 per tonne CO2e, which closely correlated with the original carbon tax level, as it was first announced.