Saturday, February 3, 2007

Suzuki Foundation take on Quebec's carbon tax

The Suzuki foundation released a review of provincial climate change action plans back in October 2006. Here's what they had to say about Quebec's carbon tax:
  • Suzuki foundation calculations show that the tax will end up being approximately 3$ per tonne of CO2e
  • The Canadian Association of Petroleum Producers claim they will have to pass the cost onto consumers (likely, despite Quebec government assertions), and that this will add roughly 1.5 cents/liter to the price of gasoline.
  • According to Suzuki, this is unlikely to modify consumer actions but is a good first step and appropriate funding mechanism.
Link to Suzuki review
Link to Quebec climate change plan

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