Phrases with «carbon levy»

A carbon levy is basically a fee that is charged on activities that release carbon dioxide or other greenhouse gases into the atmosphere. It is intended to encourage people and businesses to reduce their carbon emissions and choose cleaner alternatives, by making activities that contribute to climate change more expensive. The money collected from the carbon levy can be used to fund renewable energy projects or other initiatives focused on reducing carbon emissions. Full definition

Sentences with «carbon levy»

  • Alberta Premier Rachel Notley is planning changes to the government's climate policy after already raising an existing carbon levy on the oil - producing province's biggest emitters. (news.peak-oil.org)
  • Recent measures such as changes to the Canada Pension Plan, the rollback of planned cuts to Employment Insurance premiums, the introduction of carbon levies and cap - and - trade programs, and significant minimum wage hikes in Ontario and Alberta have a cumulative impact on investment returns and business competitiveness. (thebusinesscouncil.ca)
  • Our neighbour and competitor to the south has already taken major steps towards removing barriers that make our energy products cost - restrictive, while on our side of the border, we are piling on federal and provincial carbon levies and taxation. (rickstrankman.ca)
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