Atlantic Canadian provinces to face later ‘backstop’ CO2 fuel levy in 2023, as subnational large emitter programmes approved

Published 00:05 on November 23, 2022  /  Last updated at 00:05 on November 23, 2022  /  Americas, Canada, Carbon Taxes  /  No Comments

The Canadian government on Tuesday announced it will delay implementation of the federal CO2 levy on fossil fuels next year on three of the four Atlantic provinces, as all subnational output-based systems proved successful in meeting the requirements of Ottawa’s post-2022 carbon pricing benchmark.

The Canadian government on Tuesday announced it will delay implementation of the federal CO2 levy on fossil fuels next year on three of the four Atlantic provinces, as all subnational output-based systems proved successful in meeting the requirements of Ottawa’s post-2022 carbon pricing benchmark.

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