Federal Government Approves Alberta's Industrial Carbon Tax - News Summed Up

Federal Government Approves Alberta's Industrial Carbon Tax


The government amended regulations to exempt Alberta from the federal system for industry on Friday. OTTAWA — The federal government is giving the Alberta government a passing grade for its industrial carbon tax, avoiding at least one showdown with the province over climate change. But Wilkinson immediately noted Alberta does not have a carbon tax on consumer fuels like gasoline, natural gas and propane, and so the federal carbon tax for consumers, starting at $20 a tonne, will start being applied in the province on Jan. 1. More than 100 Alberta companies fall into the category that will pay the industrial carbon tax, including oil producers, coal and natural-gas power plants, fertilizer makers and chemical companies. Feds to compensate AlbertansAs it is doing in the other provinces with the federal carbon tax, Ottawa will also begin compensating Alberta taxpayers for the cost of the carbon tax.


Source: Huffington Post December 06, 2019 21:45 UTC



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