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Why BC’s Carbon Tax Worked

Tuesday, January 15th, 2019

If we’re ever going to get to a carbon neutral or carbon negative economy, placing a price on carbon is going to be a necessary part of that effort… Fortunately, there is a proven solution that facilitates the carbon dioxide emission reductions that carbon taxes are intended to achieve while also taking into account the burden these taxes impose upon society. Simply make the carbon tax revenue neutral, taking special care to use the money it generates to prioritize tax reductions for the poor, middle class and rural residents affected most.

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