British Columbia Revenue Neutral Carbon Tax Webinar

Part of the Exploring Climate Solutions Webinar Series brought to you by the Governor’s Council on Climate Change (GC3).

Join us to learn about the British Columbia Revenue Neutral Carbon Tax. Fossil fuel use imposes significant costs on society and the environment — costs that traditionally have not been factored into the price of coal, oil, and natural gas. Recognizing that this economic loophole has been one of the principal drivers of climate change, the Canadian province of British Columbia instituted a broad-based carbon tax in 2008. The tax applies to fossil fuels purchased or used in British Columbia — including those for transportation, home heating, and electricity generation. Revenues generated by the tax are returned to taxpayers through corresponding reductions in other taxes, including personal and corporate income taxes.

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