06 September 2008

The Fate of BC's Carbon Tax

I didn't know that BC had intro'd a carbon tax until I read this Worldchanging article: WorldChanging: The Fate of BC's Carbon Tax It seems that it is a centre-right party that has introduced the legislation, but (if I read the implications aright) they may not have done anything else to make it green: "two messages about BC’s carbon tax come out loud and clear. The first is that revenue neutrality is a bust — people may be willing to live with a new tax on carbon but think that giving the money back is a dumb idea; they would rather have revenues spent on public transit or anything else that would reinforce climate action. Second, they want tough action on industry."
Any BCers or Canadians able to throw more light on that?
As the article points out, what happens here could repercuss more widely.

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