Suggested Predictions
Ziibos (8)
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On 19 February 2008, the Canadian province of British Columbia announced its intention to implement a $10/tonne carbon tax beginning 1 July 2008, making BC the first North American jurisdiction to implement such a tax. The tax will rise by $5 a year until it reaches $30 in 2012. Unlike previous proposals, legislation will keep the pending carbon tax revenue neutral by reducing corporate and income taxes at an equivalent rate.
In the era of high oil price, will our politicians continue to adopt carbon tax?
Comments (4)
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Really bad timing. I feel sorry for Canadians.