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Old Feb 19th, 2008, 06:19 PM   #1
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Carbon Tax in BC

The Finance Minister just finished delivering the budget and we got a revenue-neutral carbon tax. I don't know all the details yet, but so far it looks good to me. I'd like to know if they are going to monitor it to see if it will start to change behaviour. If you don't own a car, own a non-guzzler, or limit your driving, your taxes will go down.

I'm not sure how the tax is applied to other carbon sources besides gasoline.

Some details at CBC
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Old Feb 19th, 2008, 08:07 PM   #2
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I'm glad you got your wish in your home province GA.

I also hope you don't live to regret it.
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Old Feb 19th, 2008, 08:13 PM   #3
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Seems pretty reasonable to me.

I like the idea of slowing phasing the tax into place by increasing marginally each year. I would even suggest doing it every 3 months to smooth things out more, but I understand it would be tough to implement for small businesses.

GA, what do you think of the BC Liberals at this point in their tenure? Would you actually consider voting Liberal in the next election?

I find it interesting that the GHG issue was headed up by the 'right wing' in BC. The NDP were basically left flat-footed. It blows me away that the NDP have been so leaderless on an issue that should in theory be championed by the left.

I just bought a house in Victoria which is heated by oil. I guess I will have to start using firewood since it doesn't have a carbon tax.

I am interested to see what types of incentives will be available for me to make my home more energy friendly (it's 100 years old so probably not very good right now). I am going to price out a geothermal installation for my house and do the design myself given that my firm does such work. Unfortunately, Victoria has shallow bedrock which adds to the drilling cost side of the equation, but hopefully the math will make sense.
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Old Feb 19th, 2008, 08:40 PM   #4
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I'm glad you got your wish in your home province GA.

I also hope you don't live to regret it.
I hope I don't live to regret us doing nothing about climate change.
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Old Feb 19th, 2008, 08:50 PM   #5
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Originally Posted by Vandave View Post
Seems pretty reasonable to me.

I like the idea of slowing phasing the tax into place by increasing marginally each year. I would even suggest doing it every 3 months to smooth things out more, but I understand it would be tough to implement for small businesses.

GA, what do you think of the BC Liberals at this point in their tenure? Would you actually consider voting Liberal in the next election?

I find it interesting that the GHG issue was headed up by the 'right wing' in BC. The NDP were basically left flat-footed. It blows me away that the NDP have been so leaderless on an issue that should in theory be championed by the left.

I just bought a house in Victoria which is heated by oil. I guess I will have to start using firewood since it doesn't have a carbon tax.

I am interested to see what types of incentives will be available for me to make my home more energy friendly (it's 100 years old so probably not very good right now). I am going to price out a geothermal installation for my house and do the design myself given that my firm does such work. Unfortunately, Victoria has shallow bedrock which adds to the drilling cost side of the equation, but hopefully the math will make sense.
Yup, I'm willing to give the BC Liberals applause for starting on the road to action.

As to whether I would vote for them, I hope that the opposition doesn't force me into that situation, since I'm not supportive of many of the BC Liberals other policies. I've had my problems with the BC NDP over the years, since the time of Glen Clark. They have been responsible for siding against environmentalists for years and are the reason that the BC Green Party has a small but significant following. In the last election the Green + NDP vote equalled more than the BC Libs. They could have won that last election if they hadn't been so stupid in the past. Ironically the members of those industrial unions whose jobs the NDP thinks they are protecting by coddling Big Logging often are just as likely to vote for right wingers. The BC NDP is out of step with the federal NDP in this area.

I'll wait to see what the response is from the BC NDP. I would hope their response is "Great, let's get behind this." If not I'll be letting them know in no uncertain words that they are in danger of screwing their base.
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Old Feb 19th, 2008, 08:52 PM   #6
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I hope I don't live to regret us doing nothing about climate change.
touchι

Good on BC.
$55 a ton carbon tax in Norway since 1991 - they seem to be rather prosperous.
•••

VD do you actual understand what "conservative" means???
"conservation" comes from the same root.

the left should own!!!!???????.........Preston Manning understood
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Old Feb 19th, 2008, 08:57 PM   #7
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I like the idea of slowing phasing the tax into place by increasing marginally each year. I would even suggest doing it every 3 months to smooth things out more, but I understand it would be tough to implement for small businesses.
I think it's essential for the tax to be phased in, so that people can clearly see where this is going and what to plan for. Now would be a good time to implement a revenue neutral feebate system on vehicles to add another carrot for people who are looking at new vehicles.

Feebate Proposal PDF

BTW, your numbers on geothermal should now look a little more competitive. You might also want to factor in even more than the carbon tax levels. Fossil fuels are only going to get more expensive in the years to come, carbon tax or not.
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Last edited by GratuitousApplesauce; Feb 19th, 2008 at 09:12 PM. Reason: added feebate link
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Old Feb 19th, 2008, 09:20 PM   #8
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If it's revenue neutral tell me why it's so vital to "ease it in" since we're miles behind other nations already.
By all means but in a sliding scale so businesses can plan but hit the low hanging fruit quickly and identify the hard hit aspects and offer a bridge through low cost finance.

With BC booming there is no BETTER time to bring in a significant shift.
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Old Feb 19th, 2008, 09:21 PM   #9
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t$55 a ton carbon tax in Norway since 1991
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Old Feb 19th, 2008, 09:41 PM   #10
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What SINC speechless, who would of guessed?
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