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  • Canada Unleashes First Carbon Tax in N. America : Gas 2.0

    This is an important step by one province in Canada (British Columbia). At least this taxing of carbon emissions can provide a model for all the other countries that are less imaginative or more fearful. From the page: "Beginning July 1st, 2008, businesses and residents of British... more

    Reviewed by PlanetThoughts Apr 05 2008, 03:53pm ( 9 reviews ) • gas2.org

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  • Rated by snodog on Apr 05 2008, 6:32pm

    Complete and utter nonsense! I can not believe what these people are happy about another useless tax! There is no hope for us anymore. We all deserve this crap hole we live in. Oh ya if you send me money I will save the planet too!!

  • Rated by Wavehunter on Apr 05 2008, 4:22pm

    Taxing carbon and returning the revenue to the economy through grants and tax cuts, starting small and getting bigger, seems to me a pretty good way forward. Well done to British Columbia and, apparently, Quebec. Every government should be doing this or, if not, come up with something even better.

  • Rated by PlanetThoughts on Apr 05 2008, 3:53pm

    This is an important step by one province in Canada (British Columbia). At least this taxing of carbon emissions can provide a model for all the other countries that are less imaginative or more fearful. From the page: "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. Nicholas Rivers, an economist at Simon Fraser University, commented that the tax comes in slowly, ramps up over time, and uses the revenue in a neutral way to reduce other distortionary taxes in the economy, which is just what economists have been recommending for more than a decade.ť"

  • Rated by greenbodie on Apr 05 2008, 11:00am

    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."