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ARTICLE · 02 DECEMBER 2016

Carbon Tax In Canada

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Prime Minister Justin Trudeau took provinces by surprise on October 3, 2016 by announcing that they have until 2018 to adopt a carbon pricing scheme and implement a provincial carbon tax...

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Catarina Wong
Catarina Wong
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Prime Minister Justin Trudeau took provinces by surprise on October 3, 2016 by announcing that they have until 2018 to adopt a carbon pricing scheme and implement a provincial carbon tax, or the federal government will step in and impose a carbon price for the provinces.

What is Carbon Tax?

Carbon tax is a levy on greenhouse gas emissions (GHG) generated from burning fuel that is harmful for our climate system. The carbon tax levy does not fix the environmental issues by itself, but it should encourage citizens to avoid it by choosing cleaner fuel alternatives or reducing fuel consumption by adopting new technology, thus reducing harm to the environment.

What is a "Cap-and-Trade" System?

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