Canadian CO2 levy increases to C$40/tonne, British Columbia’s hits C$45

Published 16:55 on April 1, 2021  /  Last updated at 16:55 on April 1, 2021  /  Americas, Canada, Carbon Taxes  /  No Comments

The Canadian ‘backstop’ carbon charge on fossil fuels climbed C$10/tonne on Thursday to C$40 ($31.80) after the Supreme Court upheld the constitutionality of Ottawa’s landmark climate strategy last week, while British Columbia’s own CO2 tax rose by a smaller C$5.

The Canadian ‘backstop’ carbon charge on fossil fuels climbed C$10/tonne on Thursday to C$40 ($31.80) after the Supreme Court upheld the constitutionality of Ottawa’s landmark climate strategy last week, while British Columbia’s own CO2 tax rose by a smaller C$5.

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