The proposed price on carbon under the federal plan would start at $10 per tonne and rise by $10 each year to $50 per tonne in 2022. That means B.C., which already has the highest price on carbon at $30 per tonne, won't have to raise its tax until 2021. premier Gordon Campbell, seen here with California Governor Arnold Schwarzenegger in 2007, brought in a $10 per tonne carbon tax in 2008. "At the same time, what they've announced today pushes every province a little bit further on carbon pricing and that is a positive." "I would expect Petronas would take a look at this new carbon price schedule as part of the overall project review they've committed to doing," said Horne.

Source: CBC News October 03, 2016 23:48 UTC