Mark Carney portrays himself as a political outsider and Liberal leadership candidate who represents change. One of his few policy proposals is to replace the consumer carbon tax with a complex regulatory scheme that will result in a higher industrial carbon tax on big emitters and subsidies for consumer purchases of environmentally friendly products. Further he will place tariffs on products from countries with weak carbon policies as well as tighten financial regulations that will make it more difficult for big emitters to raise capital. Canadian taxpayers will not be better off since companies will pass on their increased costs to consumers, who will lose the consumer carbon tax rebates, and only prosperous Canadians will be able to take advantage of subsidies for products like electric cars.