British Columbia’s Carbon Tax and its Impact on Greenhouse Gas Emissions

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In June of 2008, British Columbia became the first and only Canadian province to introduce a carbon tax, and has been praised and scone by environmentalists, economists, and politicians alike, arguing whether the tax is efficient or destructive method of controlling greenhouse gas emissions. The liberal premier Gordon Campbell introduced the carbon tax; its main purpose would be to enforce a carbon tax to increase the price of consumption of fossil fuels within the province, the philosophy behind the tax was to make taxes higher on the deemed environmentally detrimental purchases and lessen the tax on the others. The carbon tax promised to achieve this in a carbon neutral way, which meant that the revenue received from the tax would be recycled to taxpayers though the reduction of other provincial taxes ("Revenue." The Province of British Columbia, 2011). The introduction of the tax was not well received by opposing political parties; the NDP party created the axe the tax campaign that targeted carbon tax and justified it as a failure. Additionally the Conservative party was opposed to the tax and regarded the tax as inefficient and dangerous, as quoting Prime Minister Harper who stated that the tax would “screw everybody”. (PM: Dion's carbon tax would 'screw everybody' - Canada - CBC News, 2008) Nevertheless the tax was still implemented. Three years have passed since the tax’s introduction and although many still argue that it is still to early to see whether or not the tax is efficient, many observations can be made that provide insight to this question.

Although it may be too early to tell if British Columbia’s carbon tax the best method of controlling greenhouse gas emissions, It would be hard to argue that the tax is a fai...

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...hazards involved in implementing it.

Works Cited

Ebner, David, and Shawn McCarthy. "B.C. finds success with controversial carbon tax." Globe and Mail [Toronto] 3 July 2011: 2. Print.

"Greenery in Canada: We have a winner | The Economist." The Economist - World News, Politics, Economics, Business & Finance. N.p., n.d. Web. 2 Nov. 2011. .

Horne, Matt. "Why BC's Carbon Tax Must Rise." The Tyee – Home. N.p., n.d. Web. 7 Nov. 2011. .

"PM: Dion's carbon tax would 'screw everybody' - Canada - CBC News." CBC.ca - Canadian News Sports Entertainment Kids Docs Radio TV. N.p., n.d. Web. 30 Nov. 2011. .

"Revenue." The Province of British Columbia - Home. N.p., n.d. Web. 9 Nov. 2011. .

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