this post was submitted on 14 Aug 2024
23 points (100.0% liked)

Canada

7203 readers
153 users here now

What's going on Canada?

Communities

🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

🏒 SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer

💻 Universities

💵 Finance / Shopping

🗣️ Politics

🍁 Social and Culture

Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca/

founded 3 years ago
MODERATORS
otter@lemmy.ca
23
How BC Is Letting Big Industry Evade the Carbon Tax (thetyee.ca)
submitted 3 months ago by streetfestival@lemmy.ca to c/canada@lemmy.ca
2 comments fedilink hide all child comments
 

When the NDP government came into power in 2017 and committed to raising B.C.’s carbon tax, it made special provisions for industry. Their increased carbon taxes would be fully returned to “best-in-class” companies and through supporting projects advancing industrial decarbonization.

As of April, a new system — the output-based pricing system — is in place.

The name is somewhat confusing, but the key point is that it is a system of managing carbon pricing for big polluters by exempting a portion of emissions from taxation.

This new system exempts 65 per cent of industrial emissions from the carbon tax.

top 2 comments
sorted by: hot top controversial new old
[–] cyborganism@lemmy.ca 7 points 3 months ago (1 children)

What's the point of having rules of nobody plays by them?

[–] streetfestival@lemmy.ca 7 points 3 months ago

I'd say the point is having your cake and eating it too if you're a political party. To the public, you can say "we did all of these things in the public interest" and you can present some misleading data, because they still would have collected millions. And to the sacred oil and gas industry recklessly endangering a whole planet for the profit of a very small group of people, you can wink and say "you're good; don't worry, the rules created for you don't actually apply to you"