On May 22, 2019 the Alberta government tabled
the Carbon Tax Repeal Act to immediately repeal the
existing carbon levy. The repeal of the Carbon Tax Repeal
Act is under the provisions of Bill 1 by Alberta's new
United Conservative Party (UPC) government.
The Alberta carbon tax however was ended on May 30, 2019 prior to the repeal of the
legislation in the provincial legislature.
Alberta's carbon price prior to its repeal consisted of two
parts:
- A level that adds a charge to
gasoline, diesel, propane and natural gas.
- A pricing system for large industrial
emitters set out in the Carbon Competitiveness Incentive
Regulation.
The Carbon Tax Repeal Act eliminated Alberta's
carbon tax regime that was implemented in January 2017. The repeal will result in the
price of carbon being reduced from $30/tonne to $0/tonne, along
with a reduction of 6.7 cents per litre of gasoline, a reduction of
8 cents per litre of diesel, and a reduced cost of $1.52 per
gigajoule
