Carbon Offsets Daily

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A 50 cent carbon tax?


| Sourced From BClocalnews.com |

Did you fill up your tank before July 1? Thats when the provincial carbon tax increased by 50 per cent, from 2.4 cents per litre to 3.6 cents per litre. Get used to it, the tax will increase next year, and the year after.

Similar increases apply to diesel, natural gas and other fossil fuels, each July 1 until 2012 when they will represent a tax of $30 per tonne of greenhouse gas emissions.

Richmond MLA John Yap, B.C.s new minister of state for climate action, referred questions about the carbon tax to the finance ministry last week. He said he is aware of the ongoing scientific debate about climate indicators, but evidence such as the unchecked spread of pine beetle show that inaction has its own risks.

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