As if we needed more proof that all those “preservatives” in food just lead to beaver cancer.
Quebec province slapped the country’s first carbon tax on energy firms on Monday, as Canadian business leaders urged “environmental taxation” to rein in greenhouse-gas emissions.
The tax, proposed more than a year ago, is expected to cost approximately C$200 million (Loonies… not talking about the currency.) a year to fund the province’s plans to reduce emissions.
It includes a per-litre levy of 0.8 Canadian cent for gasoline, 0.9 Canadian cent for diesel fuel, 0.96 Canadian cent for light heating oil, and C$8 a tonne for coal.
Separately, the Canadian Council of Chief Executives said Canada should become “an energy and environmental superpower,” and suggested higher energy prices to help cut emissions, the Globe and Mail newspaper reported on Monday. That usuallyworks, right? When we hear about the price of gas going up we all get hyper-excited about the economy getting ready to really go through the roof, right? Right? Anyone?
Since 1990, greenhouse-gas emissions in Canada, a net exporter of energy, have risen more than in any other leading industrialized country, data submitted by the Group of Eight rich nations to the U.N.’s Climate Change Secretariat shows. Quebec has pledged to meet its targets under the Kyoto Protocol on climate change. Canada has signed on to the agreement, which calls for a 6-percent cut in emissions from 1990 levels by 2012, but Prime Minister Stephen Harper has said that target is impossible to achieve. As if the Moose Farts weren’t enough already…