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Published: Tuesday, June 24, 2008
When the carbon tax kicks in on July 1,
it will cost you more to drive a car,
heat your home and even flip a burger on
your barbecue.The carbon tax is a tax on
the carbon dioxide emissions from
burning fossil fuels.
The tax is aimed at encouraging people,
and industry, to lower their energy
consumption by changing their behaviour,
thereby reducing their carbon footprint. |
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The carbon tax will apply to all fossil
fuels, including gasoline, diesel, natural
gas, coal, propane and home heating fuel.It
will be phased in to give everyone a chance
to adjust.The province has chosen to start
the rate based $10 per tonne of carbon
dioxide emissions, reaching $30 per tonne by
2012.
For motorists, this means you'll get dinged
an extra 2.4 cents a litre for gas in the
first year.According to government figures,
this means the carbon tax will cost you $20
a year if your drive a fuel efficient hybrid
like a Toyota Prius, $33 if your drive the
top selling car in B.C. - a Honda Civic,
jumping to $68 a year for a gas guzzling
truck.
But those figures will climb. The tax will
gradually rise, reaching 7.2 cents a litre
by 2012.On average, to heat your home with
natural gas in the first year will cost you
an extra $35 a year, rising to $105 a year
in 2012.In 2008, you'll also pay $1.53 more
for a litre of propane. |
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