Alberta carbon tax jumps; helps improve economy
Alberta's carbon tax jumped on New Year's Day, but the province's NDP government maintains the tax played a vital role in Alberta's improving economic outlook.
Deputy premier Sarah Hoffman told reporters there was a clear link between the approval of several pipelines last year and the tax that Alberta first introduced on carbon on Jan. 1, 2017.
Hoffman noted the federal government was clear that its approval for the Trans Mountain pipeline expansion from Alberta to the B.C. coast was due to Alberta putting a price on carbon, as well as other pieces of its climate change policy.
Alberta's carbon levy jumped from $20 per tonne to $30 per tonne on Monday, which Hoffman says will mean an extra two-and-a-half cents per litre at the gas pumps.
The province says revenue from the levy, which also includes a tax on heating bills, will continue to be invested in green infrastructure, encouraging Albertans to be energy efficient and renewable energy.
It says low- and middle-income Albertans will also see an increase in rebates the province provides to offset the carbon tax.
Hoffman noted that 2017 continued to be "tough," but said Alberta has "definitely rounded the corner" and that there were "tens of thousands of new jobs."
https://www.theglobeandmail.com/new...ys-it-helped-improve-economy/article37470329/
Alberta's carbon tax jumped on New Year's Day, but the province's NDP government maintains the tax played a vital role in Alberta's improving economic outlook.
Deputy premier Sarah Hoffman told reporters there was a clear link between the approval of several pipelines last year and the tax that Alberta first introduced on carbon on Jan. 1, 2017.
Hoffman noted the federal government was clear that its approval for the Trans Mountain pipeline expansion from Alberta to the B.C. coast was due to Alberta putting a price on carbon, as well as other pieces of its climate change policy.
Alberta's carbon levy jumped from $20 per tonne to $30 per tonne on Monday, which Hoffman says will mean an extra two-and-a-half cents per litre at the gas pumps.
The province says revenue from the levy, which also includes a tax on heating bills, will continue to be invested in green infrastructure, encouraging Albertans to be energy efficient and renewable energy.
It says low- and middle-income Albertans will also see an increase in rebates the province provides to offset the carbon tax.
Hoffman noted that 2017 continued to be "tough," but said Alberta has "definitely rounded the corner" and that there were "tens of thousands of new jobs."
https://www.theglobeandmail.com/new...ys-it-helped-improve-economy/article37470329/
