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* Canada - B.C. Imposing carbon tax on all types of fuel
Gasoline prices up by 2.41 cents a litre on July 1; reduce tax impact by using less fuel, says finance minister
Victoria,BC,Canada -The Times Colonist (Hamilton,Ontario,Canada), by Lindsay Kines & Jeff Rud -February 19, 2008: -- British Columbians will begin paying a new carbon tax on almost all forms of fuel in July as the provincial government moves to cut greenhouse gas emissions and fight global warming... Every dollar raised, however, will be returned to people and businesses in the form of tax cuts, Finance Minister Carole Taylor said yesterday... In addition, every man, woman and child in B.C. will receive a $100 Climate Action Dividend cheque in June - before the carbon tax comes into effect. A family of four will get $400...
* Truckers say they'll lose tens of millions of dollars
Victoria,BC,Canada -The Times Colonist (Hamilton,Ontario,Canada), by Carla Wilson -February 20, 2008: -- B.C.'s commercial truckers say new fuel taxes announced in yesterday's provincial budget will cost their industry tens of millions of dollars -- and possibly hundreds of millions -- over the next five years... Operating a long-haul truck will cost about $1,000 more this year alone, said Paul Landry, president of the B.C. Trucking Association... That's because although B.C.'s new carbon tax is supposed to be revenue neutral -- monies raised will be returned to businesses and citizens as lower taxes -- truckers say they'll share most of the burden, noting they don't have the option to scale back their driving... "For our industry, it is not revenue neutral," Landry said...
Labels: carbon tax credits
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