INTIEACanada · (British Columbia) Carbon Tax ActPolicyIn force

(British Columbia) Carbon Tax Act

B.C.’s broad-based carbon tax puts a price on greenhouse gas emissions. This provides an incentive for sustainable choices that produce fewer emissions. The escalating tax was phased in on July 1, 2008. Beginning April 1, 2018, B.C.'s carbon tax rate is $35 per tonne of carbon…

Last changed 2 years ago.

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Country / jurisdiction: Canada · Year: 2008 · Status: In force · Level: State/Provincial · Type: Voluntary

B.C.’s broad-based carbon tax puts a price on greenhouse gas emissions. This provides an incentive for sustainable choices that produce fewer emissions. The escalating tax was phased in on July 1, 2008. Beginning April 1, 2018, B.C.'s carbon tax rate is $35 per tonne of carbon dioxide equivalent emissions. The tax rate will increase each year by $5 per tonne until it reaches $50 per tonne in 2021. New revenue generated from the increasing carbon tax is used to protect affordability, maintain industry competitiveness, and encourage new clean initiatives.

Official source: http://www.bclaws.ca/EPLibraries/bclaws_new/document/ID/freeside/00_08040_01

Source

https://www.iea.org/policies/8653

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