Format:
Online-Ressource (22 S.)
,
graph. Darst.
Series Statement:
OECD environment working papers 63
Content:
In July 2008, the Canadian province of British Columbia (BC) launched North America’s first revenue-neutral carbon tax reform. The tax, which applied to all combustion sources of all fossil fuels, was introduced at a rate of CAD 10 per tonne of CO2, with a schedule for annual increases of CAD 5 per tonne of CO2 until the tax reached CAD 30 per tonne of CO2 in 2012. Tax revenues were fully recycled via a combination of corporate and income tax cuts, phased in over time. This paper reviews the political economy of the BC tax in three distinct periods – its origins, its survival in the face of political backlash, and its longer-term prospects...
Note:
Zsfassung in franz. Sprache
,
Systemvoraussetzungen: Acrobat Reader.
Language:
English
Keywords:
Arbeitspapier
;
Graue Literatur
DOI:
10.1787/5k3z04gkkhkg-en
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