Last week the BC Carbon Tax was issued to the carbon users of BC, with many positive and negative associated details. For example this budget also included a $50 million boost to Oil & Gas subsidies, which already had around $200 mil slated for it this year. Help that industry cope with the tax I suppose…
But no matter, its a start. The way the mainstream media fawned over it as a North American (even a World!) first kind of annoyed me. The fact that it is revenue-neutral is kind of cool only in that it will prevent backlash from the sluggishly adapting taxpayer. Quebec had their tax last June (the 1st in NA), and European countries have much higher ones in place (try $3 plus a litre of petrol).
My first write up at www.Celsias.com is on the subject, have a look….
