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Tuesday, July 29, 2014

BRITISH COLUMBIA EMISSIONS TAX SUCCEEDING

Carbon tax hasn’t harmed B.C. growers, study finds;Trade data shows no impact from tax on fossil fuels, authors say

Randy Shore, July 22, 2014 (Vancouver Sun)

“B.C’s carbon tax has had no overall negative impact on the province’s agriculture sector since being introduced in 2008, according to [The Effect of British Columbia’s Carbon Tax on Agricultural Trade] by the Pacific Institute for Climate Solutions…[There was] no drop in exports, and no increase in imports of agricultural products attributable to the [tax of $30 per tonne of carbon dioxide equivalent emissions applied to virtually all fossil fuels, with an 80%] exemption granted to some ‘carbon intensive’ producers, in particular greenhouse growers…[Meanwhile] B.C.’s fossil fuel consumption has dropped by nearly 19 per cent, while the rest of the country has increased consumption by three per cent...[Consumers pay] 4.62 cents/litre for propane, 6.67 cents/litre for gasoline] and $62.31/tonne of coal…” click here for more

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