Revenue-Neutral Carbon Tax
- Encouraging news from Canada that includes a practical carbon tax. The choice is between carbon trading and carbon tax- carbon trading involves huge and complicated overhead expenses and so far, poor results. A simple carbon tax makes sense. British Columbia is putting a tax in place BUT making it revenue-neutral so not increasing taxes but merely shifting to taxing what we don’t want. So logical! Want to move to Canada? - Editor
Climate Change Plan Takes BC 73 per cent Towards 2020 Target
British Columbia’s Climate Action Plan outlines comprehensive strategies and initiatives that will take B.C. approximately 73 per cent towards meeting the goal of reducing greenhouse gas emissions by 33 per cent by 2020, Premier Gordon Campbell said today. “The plan outlines a roadmap to a new, prosperous, green economy for British Columbia, with a wide range of specific actions which will make the province more efficient, competitive and productive while reducing greenhouse gas emissions,” said Premier Campbell. “In addition to laying out actions announced since 2007, the plan outlines how the province’s Climate Action Team will recommend strategies to bridge the remaining gap to reach the province’s emissions reduction target by 2020.”
British Columbia’s Climate Action Plan is available at: www.gov.bc.ca
http://www.theenergynews.com/news/article.php?storyid=3180&newstype=gov
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British Columbia’s Carbon Tax Is Revenue-Neutral
B.C.’s revenue-neutral carbon tax puts a price on each tonne of greenhouse gases emitted, while at the same time returning every dollar collected back to taxpayers through reductions to income tax, small business tax, and corporate tax, the climate dividend, and low-income climate action credits. It rewards green choices, and encourages consumers to reduce their fuel consumption, increase fuel efficiency, use cleaner fuels, and adopt new technology. Even after paying the carbon tax, most British Columbians will have more money in their pockets because of the tax reductions made possible by the carbon tax.
http://www.livesmartbc.ca/carbon/index.html
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