Canada Unleashes First Carbon Tax in N. America : Gas 2.0
Rated • 9 reviews • environment, climate change, canada, carbon, carbon tax • gas2.org
From the page: "British Columbia will be the first in North America to institute a comprehensive carbon tax on nearly all fossil fuels. Itâ€s a groundbreaking move that could prove the feasibility of taxing greenhouse-gas emissions.
Beginning July 1st, 2008, businesses and residents of British Columbia will be taxed $10 per metric ton of carbon emitted by fuels such as gasoline, diesel, natural gas, coal, propane, and home heating fuel. The tax will increase yearly by $5 per ton to $30 per ton in 2012, at which point the government will reevaluate the tax rate."
