Wednesday, December 23, 2015

New Alberta climate change strategy includes carbon tax and cap on oilsands emissions

Alberta’s Climate Leadership Plan accelerates the transition from coal to renewable electricity sources, puts a price on carbon pollution for everyone, and sets emissions limits for the oil sands. Other measures include broad programs to improve energy efficiency, support green technological innovations, reduce methane, and provide supports to ensure that families and small businesses are protected.
The entire climate-change policy puts Alberta on track to reduce emissions by approximately 20 megatonnes in 2020 compared to what would be the case if no changes were made, and 50 megatonnes by 2030. The plan requires Albertans to pay 4.7-cents more per litre of gas at the pumps in 2017, and 5.5 cents more per litre of diesel, plus an extra $320 to heat their homes in 2017, rising to $470 by 2018. The $3 billion raised by these carbon taxes won’t go into government coffers, but will go back to Albertans through a rebate program and by building green infrastructure and public transit. Read more at http://edmontonjournal.com/