Economics and Finance


British Columbia's Carbon Tax: Greenhouse Gas Emission and Economic Trends Since Introduction

Authors: Sierra Rayne, Kaya Forest

In 2008, the Canadian province of British Columbia introduced a carbon tax starting at CAD$10 per tonne of carbon dioxide equivalent (CO2e) and rising by CAD$5/tonne CO2e/year to a 2012-2013 value of CAD$30/tonne CO2e. In the current work, we find no clear evidence over the short post-tax period of record that unequivocally links British Columbia's carbon tax to significant reductions in provincial greenhouse gas emissions. There are indications the implementation of this tax may have negatively impacted British Columbia's economic performance relative to the rest of Canada. A longer post-tax period of record is likely necessary in order to reliably determine what, if any, economic and environmental effects have been generated from British Columbia's carbon tax.

Comments: 5 Pages.

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Submission history

[v1] 2013-01-15 22:19:00
[v2] 2013-01-16 09:57:01

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