Official vs effective carbon pricingFor readers that aren’t familiar with effective carbon pricing, here’s a quick overview. Low gasoline taxes lock in climate failureLow gasoline taxes lock in climate failure by encouraging people to buy hyper-polluting cars and discouraging them from switching to cleaner alternatives. I hear our conservative politicians talk favourably about the need for cheaper motor fuel and a holiday from paying gasoline taxes. These BEV owners don’t pay gasoline taxes because they don't burn gasoline. How to calculate effective carbon pricingTo quickly estimate the effective carbon price imposed by gasoline taxes, multiply the tax-per-liter by 400.


Source:   CBC News
June 08, 2024 04:40 UTC