carbon tax News

  • British Columbians support the carbon tax: poll

    British Columbians support carbon taxes and are confident that taking action to reduce greenhouse gas pollution will help grow, or have little or no impact on, the provincial economy according to a new poll released today by the Pembina Institute. According to the poll, the majority of British Columbians (69%) are worried about climate change and most (70%) want the province to continue showing ...


    By GLOBE SERIES

  • B.C. business leaders call for a stronger carbon tax

    A diverse group of businesses from across British Columbia are urging Premier Christy Clark to commit to unfreezing and strengthening the province’s widely lauded carbon tax. More than 130 businesses — including MEC, Modo, NEI Investments, False Creek Collision and SFU Community Trust — are together ...


    By GLOBE SERIES

  • Alberta moves to repeal carbon tax, while large emitter bill not expected till autumn

    Alberta’s newly-elected United Conservative Party (UCP) government introduced a bill Wednesday to eliminate the previous administration’s C$30 carbon tax by next week, adding that legislation to overhaul the Canadian province’s large emitter trading programme would not follow until the ...


    By Carbon Market Pulse Limited

  • Strong majority favours BC`s carbon tax

    British Columbia's carbon tax has broad-based support from businesses, non-governmental organizations, academics and community leaders, and most think the policy has been positive for the province. A new study released by the Pembina Institute assesses the overall consequences of the carbon tax based on input from BC's economic and social ...


    By GLOBE SERIES

  • Australian PM Introduces Bill To Repeal Carbon Tax

    Prime Minister Tony Abbott reintroduced legislation to the Australian Parliament on Monday that would repeal a carbon tax that the nation's worst greenhouse gas polluters have to pay. The opposition center-left Labor Party and minor Greens party used their Senate majority in March to block the bills that would remove the 24.15 Australian ...


    By Associated Press

  • Pembina recommends ways to strengthen B.C.`s carbon tax

    The B.C. government should strengthen its carbon tax in the 2010 budget, according to a set of recommendations released by the Pembina Institute today. If adopted, the recommendations will ensure more investment, innovation and job creation in low-carbon businesses, while achieving greater greenhouse gas emissions reductions, says the Institute. 'B.C. has shown leadership in moving toward a ...


    By GLOBE SERIES

  • British Columbia`s Carbon Tax - an environmental and economic success story

    British Columbia's pioneering carbon tax has been remarkably effective in reducing fuel use, with no apparent adverse impact on the province's economy. This conclusion comes from a new study by Sustainable Prosperity soon to be published in the upcoming issue of Canadian Public Policy. The study's key findings suggest that: Since the carbon tax took effect (July 1, 2008), BC's fuel ...


    By GLOBE SERIES

  • Expert calls for EU-wide CO2 taxation

    The EU needs a carbon tax alongside its emission trading scheme to help deliver the strong price signal required to achieve the 20 per cent greenhouse gas reduction target agreed for 2020, a conference of experts in environmental taxation was told in Brussels last week. Academic Paul Ekins of the UK-based Policy studies institute said problems implementing the trading scheme (ETS) had bolstered ...

  • Australia repeals controversial carbon tax

    Australia's government repealed a much-maligned carbon tax on the nation's worst greenhouse gas polluterson Thursday, ending years of contention over a measure that became political poison for the lawmakers who imposed it. The Senate voted 39 to 32 to axe the 24.15 Australian dollar ($22.60) tax per metric ton of carbon dioxide that was introduced by the ...


    By Associated Press

  • France joins calls for introduction of border tax on carbon imports

    France is persevering with its efforts to introduce, at EU level, a carbon border tax on imports into the European Union, in particular from countries such as China and ...

  • Wrong CRC reports could raise energy bills up to 11%

    New research claims companies filling out wrongly their CRC reports could face an extra cost to their energy bills of up to 11%. Companies can face additional costs of between 5 and 11% in energy bills if they don't submit their CRC report right first time, according to new research by financial powerhouse PricewaterhouseCoopers (PwC). The research, released last week, said that ...


    By Vital Energi

  • Australian PM changes carbon tax ahead of election

    Australia's Prime Minister Kevin Rudd said Tuesday a deeply unpopular carbon tax will be replaced by a less-severe emissions trading scheme a year ahead of schedule, in a bid to lower power bills for households as a tight national election looms. The carbon tax on Australia's worst industrial polluters, including its coal-reliant power ...


    By Associated Press

  • ETUC urges the European Commission to reintroduce the carbon tax on imports in future climate change legislation

    Just days before publication of the European Commission’s 'Energy and Climate Change' package, the European Trade Union Confederation (ETUC) has read the latest versions of the documents being drawn up by the EU executive. It notes with great concern that the issues of employment and social transition have been left out of the package. The ETUC consequently calls on the Commission to amend its ...

  • ​Svebio becomes partner of the Carbon Pricing Leadership Coalition

    Svebio has joined the international initiative Carbon Pricing Leadership Coalition as a strategic partner. CPLC promotes the pricing of carbon dioxide emissions in countries, regions and companies internationally. Svebio encourages other Swedish actors to participate in the global work to put a price on climate-harmful emissions by introducting carbon taxes or emission trading. Carbon ...

  • BC’s carbon tax - no reward without risk

    In under a month, BC’s carbon tax will come into force. Many argue it will do little to reduce greenhouse gas emissions; others believe it is the most comprehensive carbon tax regime ever introduced that may set a precedent for other carbon taxes elsewhere. Either way the tax is a gamble for the BC government; but without taking such risks, there can be no reward. Quebec is the ...


    By GLOBE SERIES

  • Carbon pricing could help European countries cut deficits

    Carbon pricing can help European countries to raise revenue and reduce their fiscal deficits more effectively than other taxes, according to a new report published by the Grantham Research Institute on Climate Change and the Environment and the Centre for Climate Change Economics and Policy. ...


    By GLOBE SERIES

  • British Columbia’s Revenue-Neutral Carbon Tax: A Review

    In 2008, British Columbia implemented the first comprehensive and substantial carbon tax in North America. By 2012, the tax had reached a level of C$30/t CO2, and covered approximately three-quarters of all greenhouse gas emissions in the province. This paper reviews existing evidence on the effect of the tax on greenhouse emissions, the economy, and income distribution as well as provides new ...


    By GLOBE SERIES

  • British Columbia`s carbon tax delivering economic benefits - Report

    British Columbia's carbon tax shift has lived up to expectations, reducing fuel use in the province by nearly 15%, according to a report released today by Sustainable Prosperity, a green economy think tank. B.C. now has the lowest per capita fuel use of any province in Canada, passing Ontario, which was consistently ahead of B.C. for low fuel use before the introduction of the carbon tax, ...


    By GLOBE SERIES

  • B.C. mayors call for stronger carbon tax

    A group of mayors representing a cross-section of the province’s large and small communities have laid out a clear vision for climate leadership in British Columbia. The B.C. Mayors Climate Leadership Council is calling on the B.C. government to commit to increasing the carbon tax up to $15 per tonne annually, more funding for public transit in urban and rural areas, new policies to spur ...


    By GLOBE SERIES

  • US Carbon Pricing Roundup for week ending May 17

    A summary of legislative and regulatory action on carbon pricing and clean energy at the US subnational and federal level taken this week, including the New Hampshire legislature passing a bill to divert RGGI funding to energy efficiency projects and remove an exit clause, the US House of Representatives discussing carbon taxes in the chamber’s tax-writing committee, and California ...


    By Carbon Market Pulse Limited

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