A carbon tax may be a controversial topic in the United States, but in one Canadian province, this eight-year-old policy has been such a success that on Wednesday more than 100 businesses said they support a tax increase.
In a letter addressed to Premier Christy Clark, who governs the province of British Columbia, more than 150 companies said they back a plan to increase the carbon tax by $10 — about $7.70 U.S. — per metric ton a year starting in July 2018, an idea the government-sponsored Climate Leadership Team unveiled earlier this year.
Since 2007 British Columbia has been setting greenhouse gas reduction targets based on findings of the Intergovernmental Panel on Climate Change (IPCC), the world’s most respected authority on the subject. Four years after introducing the first carbon tax in North America in 2008, British Columbia froze the tax rates at 2012 levels to allow other provinces to catch up. However, that freeze could be lifted under a new Climate Leadership Plan that could be approved this spring.
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British Columbia's Carbon Tax Has Been So Successful That Businesses Want To Increase It | ThinkProgress
In a letter addressed to Premier Christy Clark, who governs the province of British Columbia, more than 150 companies said they back a plan to increase the carbon tax by $10 — about $7.70 U.S. — per metric ton a year starting in July 2018, an idea the government-sponsored Climate Leadership Team unveiled earlier this year.
Since 2007 British Columbia has been setting greenhouse gas reduction targets based on findings of the Intergovernmental Panel on Climate Change (IPCC), the world’s most respected authority on the subject. Four years after introducing the first carbon tax in North America in 2008, British Columbia froze the tax rates at 2012 levels to allow other provinces to catch up. However, that freeze could be lifted under a new Climate Leadership Plan that could be approved this spring.
more
British Columbia's Carbon Tax Has Been So Successful That Businesses Want To Increase It | ThinkProgress