A carbon tax increases the cost of production and leads to an increase in the inflation rate. The inflation impact of this policy is estimated to be 0.5% in 2023, increasing substantially to 1.52% ...

A side benefit of a carbon tax July 3, 2023 More than 1 year ago The Lafarge cement plant on Dec. 17, 2020, along the shores of Lake Huron in Alpena, Mich. (Elaine Cromie for the Washington Post) ...

People in affluent countries around the world are willing to tax themselves to address climate change and ease poverty.

Titled "Carbon pricing with regressive co-benefits: evidence from British Columbia's carbon tax", the research has yet to be peer reviewed and is subject to revision. ($1 = 1.3568 Canadian dollars) ...

Our national goal of halving greenhouse gas emissions over the decade and achieving net zero by 2050 can be accomplished most cheaply, and most surely, if we tax the use of fossil fuels. The ...

Morocco is caught between a rock and a hard place as the EU’s impending implementation of a Carbon Border Adjustment ...

The phrase “Axe the tax” offers both good and bad news. The good is that Canada actually has a national carbon tax; the bad ...

Draft legislation released by the Senate Finance Committee includes $18 billion in new tax benefits for oil and gas companies ...

How does it work, in practice? The carbon tax is a standard price per tonne of CO2-equivalent emissions generated. This year, that's $65 per tonne, but it's set to increase over time, to encourage ...

This paper assesses the air quality and environmental equity impacts of the carbon tax introduced in the Canadian province of British Columbia in 2008. The author finds that the carbon tax has reduced ...

Premier David Eby vowed this week to scrap B.C.’s “consumer carbon tax” if there is a change to federal legislation “to stand with people on affordability.” However, while scrapping the ...