Federal approval of New Brunswick carbon tax for heavy emitters comes with warning - News Summed Up

Federal approval of New Brunswick carbon tax for heavy emitters comes with warning


New Brunswick's carbon price on heavy industry has won federal approval, but that approval comes with a warning that the decision is just a truce, not a lasting peace in the federal-provincial battle over climate policy. New Brunswick consumers have been paying a provincial carbon tax on gas since April 1 of this year. (Graham Hughes/Canadian Press)The two notifications came a day before the Supreme Court of Canada is set to open two days of hearings on whether the federal carbon tax regime is constitutional. New Brunswick consumers have been paying a provincial carbon tax on gas since April 1 of this year. The government's plan is to continue lowering the excise tax every year by the same amount the carbon tax rises — meaning the net impact will remain two cents per litre indefinitely.


Source: CBC News September 21, 2020 14:17 UTC



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