Sentences with phrase «in federal carbon taxes»

Kopp pointed out that «even in the polarized U.S.,» interest in federal carbon taxes is growing among Democrats and Republicans, and among progressives and conservatives.

Not exact matches

OTTAWA — The federal government stands to raise as much as $ 280 million in revenue off provincial carbon taxes in Alberta and B.C. in the next two years despite claims carbon taxes would be revenue neutral for Ottawa.
In a new report released today for Sustainable Prosperity (a new research institute), Jack Mintz and Nancy Olewiler pitch a federal carbon tax constructed by broadening the base of the federal excise tax (which currently raises over $ 5 billion per year based on a tax of 10 cents per litre of gas and 4 cents -LSB-...]
VICTORIA — Dan Woynillowicz, policy director at Clean Energy Canada, made the following statement in response to the federal government's 2018 budget: «Today's budget announced support for implementing key pieces of the government's climate change and clean growth plan, including putting a price on carbon pollution and extending tax support for clean energy.
In the 2008 federal election, Opposition Leader Stéphane Dion also tried but failed to convince the public of the need for a carbon tax, despite Canadians» support for action on climate change.
The issue figures to feature prominently in the next federal election, with Liberal Leader Stà © phane Dion arguing the benefits of a carbon tax, while NDP Leader Jack Layton makes the case that cap - and - trade would do a better job of putting the costs on big polluters rather than on low - income families.
But the federal government lacks the courage to use the effective means the provinces have put in place to diminish their greenhouse gas emissions, like carbon taxes or carbon markets,» said Alain Brunel, Director of Energy and Climate for l'Association Québécoise de Lutte contre la Pollution Atmosphérique (AQLPA).
From Atlantic Canada to Alberta, British Columbia and federally, new brackets were invented and other rates raised; in addition, new and higher taxes are still to come, including a federal carbon tax.
Despite claims by opposition Wildrose and PC politicians that they would repeal the tax if elected in 2019, a federal carbon tax dictated by Ottawa would likely be imposed in its absence.
A 0.5 % small business tax reduction is welcome, but overshadowed by tax increases at the personal level, corporate level, an increase in B.C.'s no - longer - revenue - neutral carbon tax, and the corresponding pending changes by the federal government as to how small business owners can manage their affairs.
The BC NDP platform states that all new money from carbon tax increases, in line with the federal mandate, will be used to provide rebate cheques for families, and to investing in climate change solutions.
The carbon tax has remained at $ 30 / t since 2012 and the previous Liberal government showed no inclination to increase it further other than to match the federal carbon price floor in 2021.
A new federal tax credit for carbon capture utilization and sequestration, or CCUS in industry jargon, has prompted a surge of interest in the sector (Greenwire, March 12).
An important finding, Tyner said, was that the analysis showed a carbon tax and the ability to depreciate an investment in solar would give as much incentive for adopting solar energy as the current federal tax credit does.
We don't have federal climate change legislation in place in the United States, but the Obama administration is pushing for a carbon tax in the new budget.
And then sales tax credits, so the GST tax credit, the HST tax credit, the carbon tax credit in B.C. so, each one of those there's a federal component to each one of those and in most cases there's a provincial component to each one of those.
Some of the policies examined include the B.C. carbon tax, Ontario's Green Energy and Economy Act and phase - out of coal - fired power, Quebec's and Nova Scotia's regulatory cap on emissions, public transit strategies in Ontario, and federal fuel - efficiency standards for cars.
Stéphane Dion, the most environmentally sensitive federal Liberal leader in history, mused about a carbon tax early this month, but reversed gears just one day later.
Given the tax reform effort currently under way in Congress this would seem an appropriate time to consider the usefulness of a carbon tax to increase Federal revenue even though no such proposal (happily) is in the current tax bill.
It just happens to buttress the government's controversial carbon tax, a maladroit policy that will be pivotal in the forthcoming federal election.
The study at issue is a 2011 report in which Nisbet analyzed claims by some environmentalists that they lost the political battle over creating a federal cap - and - trade tax on carbon dioxide emissions because environmentalists were outgunned; that is, because industry associations and the U.S. Chamber of Commerce marshalled resources far beyond those of cap - and - trade's supporters.
The federal government is currently in talks with British Columbia, encouraging Premier Christy Clark to move on her pledge to raise its carbon tax from the current $ 30 a tonne, where it has remained for five years.
Several provinces, including Saskatchewan, Nova Scotia and Quebec reject any effort to introduce a federal tax, though they agreed at a first ministers» conference in Vancouver that governments should adopt some undefined form of carbon pricing.
Faced with the challenge of raising revenues to pay for exploding federal government costs that neither party has any interest in reducing, the carbon tax is suddenly attracting the interest of the Left and Right.
Some limited government advocates may be intrigued by the possibility of a grand bargain in which a national carbon tax replaces all federal and State anti-carbon regulatory programs.
Nor has it lobbied for carbon tax bills in Congress or funded organizations that push for such laws at the federal or state level.
In response the federal environment minister Greg Hunt stated that «What Labor refuses to learn is that you can tackle climate change without a carbon tax.
It took 1000 + pages to explain the carbon trading system in Waxman - Markey — I can explain this plan in two sentences: Institute a federal carbon excise tax on fuels whose rate increases with the carbon content per btu of the fuel.
For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.
A second example — that warms the hearts of economists, but appears to be politically irrelevant for the time being — is the case of a Federal policy that sets price, not quantity, i.e., a carbon tax, or a binding safety - valve or price collar in a cap - and - trade system.
This collection of promised federal actions is large both in scope and number and includes everything from pursuing a carbon tax
A former Deutsche Bank sales manager has been jailed by Germany's federal supreme court for three years for his role in facilitating tax fraud through the EU carbon market.
Interestingly, beyond this, despite considerable rhetoric about moving beyond debates about carbon - pricing, the report recommends that in order to avoid adding to the Federal debt, it would be necessary to impose new taxes, including increased royalties for oil and gas extraction, a tax on imported oil, a tax on electricity sales, and a «very small carbon price» (presumably from a modest carbon tax or unambitious cap - and - trade system).
A federal carbon tax (and we strongly agree with R Street on the need for one) results in reduced emissions and a significant chunk of change for the Treasury.
(b) Against a comparable carbon tax (ie a federal or another states» carbon tax) already paid on the consumption of the same energy consumed in Washington State
Such a review is especially important in light of recent commitments by the federal government and most provinces to adopt a minimum carbon tax (or its equivalent) across Canada and to provide a variety of subsidies to users of low - emission technology.
To take that seriously is to support massive, immediate carbon reductions, not only at the level of theory, not only in statements and proclamations and pledges, but in the sense of preferring the lower carbon strategy in every local, city, state, or federal decision, whether it's about land, housing, transportation, infrastructure, agriculture, taxes, regulations, or lifestyle habits.
In fact the only party who wanted to repeal the carbon tax was the BC Conservatives (which are not affiliated with the federal Conservatives), but their support in the election was minimal and they failed to win any seatIn fact the only party who wanted to repeal the carbon tax was the BC Conservatives (which are not affiliated with the federal Conservatives), but their support in the election was minimal and they failed to win any seatin the election was minimal and they failed to win any seats.
Even with no federal carbon tax and no infrastructure support from Congress and no enforcement of the CPP, which the Supreme Court put on hold in January, global markets are beginning to favor renewable energy — and governors in the Midwest are realizing they would be foolish not to take advantage.
the United States, where carbon markets exist in a few states (such as California), where more markets might emerge under the Clean Power Plan, and where a federal carbon tax continues to be debated.
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