Canada -   

1

Penny-a-litre jump marks third anniversay of B.C. carbon tax

A woman pumps gas in Toronto on Tuesday, May 10, 2011. (Nathan Denette / THE CANADIAN PRESS)
A woman pumps gas in Toronto on Tuesday, May 10, 2011. (Nathan Denette / THE CANADIAN PRESS)

View Larger Image

A A |  Email ThisEmail  | Print Facebook   

Date: Friday Jul. 1, 2011 7:30 AM ET

VICTORIA — A penny-a-litre jump at the gas pumps on Canada Day marks another anniversary of B.C.'s carbon tax.

B.C. introduced North America's only escalating carbon tax in 2008 as part of former premier Gordon Campbell's plan to cut greenhouse gas emissions by more than 33 per cent by 2020.

The tax started at about 2.4 cents per litre on gasoline and other fuels and increases to five-and-a-half cents per litre today.

It's slated to increase to almost seven cents per litre on gasoline or 30 dollars per tonne of carbon next July.

Jock Finlayson of the Business Council of B.C. says the government needs to reconsider the carbon tax because nobody seems to be following B.C.'s lead.

He says it puts B-C businesses at a big disadvantage to competitors outside the province.

But environmental groups like the Pembina Institute say the carbon tax is critical in the fight against climate change.

Share with your social Network:

Facebook DIGG Newsvine Delicious Twitter StumbeUpon Reddit Yahoo! Buzz

 

Advertisement

Contest

Today's Canada Stories

A Canadian Pacific Railway employee walks along the side of a locomotive in a marshalling yard in Calgary, Wednesday, May 16, 2012. (Jeff McIntosh / THE CANADIAN PRESS)

Talks between CP, union stall; Raitt prepared to step in

More   38 Comments 38    2 Video(s) 2

Victoria Shachtay, 23, died in an explosion on Friday, Nov. 25, in an Innisfail townhouse.

Man charged in parcel blast that killed Alta. mother

More  2 Video(s) 2

Nova  Scotia, body, Hillside Road, Marion Bridge

Police identify humans remains found in hockey bag

More  1 Video(s) 1

Most Talked about Stories

It is about time - as a grandparent I have watched our kids (who were allowed to fail although I do remember some nagging on our part) learn, I have watched our children now micro-manage their children. A big part of it is the fact that there are predators out there and an extreme reluctance on the parents part to alllow freedom that might result in the children becoming victims.

Harvey

Parents must learn to stop meddling, author urges