July 3, 2008

Carbon tax pains now in Canada

Should consumers directly pay for fossil fuel-based carbon emissions?

Some Canadian officials seem to think so as drivers in British Columbia is now greeted with the tax with some gasoline stations raising their gasoline prices to cover the tax costs, according to Reuters.

Utilities, public transportation and other services are expected to follow suit, the article said. The carbon tax in BC is said to be the first comprehensive carbon used-based tax in North America.

US lawmakers should take notes and see its effects before implementing any cap and trade carbon schemes.

[Photo from The Ubyssey]