Page 36 - Off Grid East Cost Spring 2017

About Canadian
Carbon Tax
From the Government of Canada
“Canada is committed to creating a cleaner, more innovative economy that reduces emissions and protects our environment, while creating well-paying jobs for the middle class and those working hard to join it. That is why [we] proposed a pan-Canadian approach to pricing carbon pollution. Under the new plan, all Canadian jurisdictions will have carbon pricing in place by 2018.”
This plan will set a benchmark for pricing carbon aimed at helping Canada meet its targets to reduce greenhouse gas emissions by 30% below 2005 levels by 2022. Provinces can choose either to put a price on carbon
or a cap-and-trade system. Other elements of the plan include:
Price to start at a minimum of $10 per tonne in 2018 and rise by $10 a year to reach $50 per tonne in 2022.
Provinces choosing a cap-and-trade system will need to reduce the number of greenhouse gas emission permits they issue to businesses and decrease them every year until they reach Canada’s target in 2022.
The provinces that do not adopt one of the two systems by 2018 will have one imposed on them.
Revenues from carbon pricing will remain with the province they are raised in.
The revenues from the carbon tax can be used as the provinces see fit, i.e. give it back to consumers, to help vulnerable groups and communities, support businesses that innovate and create good jobs for the future.
The overall approach will be reviewed in 2022.
Let’s keep
New Brunswick
Clean & Green
Protect New Brunswick’s environment for generations to come. Recycle tires, paint, oil and glycol.
Assurons un
Nouveau-Brunswick
propre et vert!
Protégeons l’environnement du Nouveau-Brunswick pour les générations à venir. Recyclons les pneus,
la peinture, l’huile et le glycol.
MOVING
BEYOND
WASTE
For more information:
Pour plus de renseignements :
www.recyclenb.com
Tel. / Tél. : 506-454-8473
Toll Free / Sans frais : 1-888-322-8473
36 off the grid