Showing posts with label carbon pricing. Show all posts
Showing posts with label carbon pricing. Show all posts

Tuesday, June 5, 2012

In my honest opinion this program was poorly thought out, poorly implemented, and it definitely unfairly impacts the people of BC … depending on where they live



This morning I received a comment from HB2cents, who said:

I just wanted to share one tid-bit of info with you that you might consider - the Carbon Tax is revenue neutral, and the PCT doesn't get a cent of it. Taxpayers get income tax breaks as a result of the tax (that's why it is revenue neutral, i.e. government doesn't keep the money).

The tax was implemented to price carbon so that people would give thought to using less. If you do use less, you benefit even more - by saving on fuel and income tax.

Just wanted to make that point of clarification.

You should also know that Carbon Neutral Government (the reason why public sector pays for offsets to the Pacific Carbon Trust) is an incentive for those organizations to reduce carbon so they pay less in offsets. As a result of this, busy hospital CEOs and the like have actually paid more attention to their energy use because they are required to measure their CO2 output. This forces them to see the opportunities to reduce energy use - and they are doing it.

Like you point out in your article, you would think that if there is the potential for a business or school to save money by investing in new technology or simply turning down the heat, they would. The sad truth is people see cost (new curtains in a greenhouse, solar hot water heaters) and they turn the other way... unless there is a discount or incentive or law.