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Tag Archives: Carbon Tax

Changing Tack: BC NDP Accelerates Increase in Carbon Tax and Moves Away from Revenue Neutrality

Posted in Climate Change, Environmental Issues

BC’s recently sworn-in New Democratic Party (NDP) government presented its first provincial budget on September 11, 2017. Among the policy measures announced were changes to the BC carbon tax. In particular, the Budget 2017 Update (2017/18 – 2019/20) provides for the following:

  • As of April 1, 2018, the carbon tax will increase by $5 per tonne of carbon dioxide equivalent (CO2e) per year until it reaches the federal target carbon price of $50 on April 1, 2021 (one year before Ottawa’s 2022 deadline). BC’s carbon tax is currently set at $30 per tonne of CO2e.
  • Part 2 of the Carbon
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Policy Considerations when Carbon Taxes Meet Cap-and-Trade

Posted in Mining

The following post by Selina Lee-Andersen on our Canadian Energy Perspectives blog may be of interest to readers of this blog: Policy Considerations when Carbon Taxes Meet Cap-and-Trade

As we recently reported, British Columbia’s (BC) Climate Leadership Team prepared a report setting out 32 recommendations for BC’s climate policy path forward.  Recommendation 29 states that: If the majority of Canadian provinces opt for carbon pricing via emissions trading to cover greenhouse gases from large final emitters, a review should be undertaken of mechanisms to integrate a carbon tax with a cap and trade framework for the BC context.… Continue Reading

Navigating the Paris Climate Talks: Understanding the Policy Drivers and Mastering the Climate Lingo

Posted in Mining

The following post by Selina Lee-Andersen on our Canadian Energy Perspectives blog may be of interest to readers of this blog:  Navigating the Paris Climate Talks: Understanding the Policy Drivers and Mastering the Climate Lingo

Setting the Stage

This week, all eyes are on Paris as world leaders converged on the French capital in a multi-national effort to forge a new global climate change agreement. As negotiators now turn their focus on transforming the climate rhetoric into legal text, climate change is back in the global spotlight.  Over the years, climate change policy has experienced its ebbs and flows. Climate … Continue Reading

Climate Leadership Team Makes 32 Recommendations for Updating BC’s Climate Change Policies

Posted in Mining

The following post by Selina Lee-Andersen on our Canadian Energy Perspectives blog may be of interest to readers of this blog: Climate Leadership Team Makes 32 Recommendations for Updating BC’s Climate Change Policies

As reported in our earlier blog, British Columbia (BC) Premier Christy Clark appointed a Climate Leadership Team in May 2015 to provide advice and recommendations to government for its new Climate Leadership Plan.  The Climate Leadership Team’s mandate was based on four cornerstone objectives: (i) achieving BC’s legislated GHG emission reduction targets; (ii) maintaining a strong economy; (iii) mitigating negative impacts on vulnerable populations; and (iv) … Continue Reading