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Enhancing the Carbon Tax
B.C. demonstrated significant leadership in 2008 with the introduction of North America’s most ambitious carbon tax. The carbon tax is expected to help the province reduce greenhouse gas pollution by sending a clear and increasing signal that investments and choices that are good for the planet will also be good for the pocketbook.
There are two clear opportunities to improve the carbon tax’s effectiveness and fairness in the 2010 budget:
- Broaden the coverage so that it is applied equally to as many sources of global warming pollution as possible.
- Continue to increase protection for low-income families so that they are not adversely affected by the carbon tax as it increases over time.