British Columbia Carbon Tax

The British Columbia Carbon Tax is a government measure that charges a fee on fossil fuels like gasoline, natural gas, and coal, based on their carbon content. Its goal is to discourage the use of high-emission energy sources by making them more expensive, encouraging consumers and businesses to reduce their carbon footprint and invest in cleaner alternatives. The revenue generated is often used to support climate initiatives or offset costs for residents. The tax is designed to be straightforward, transparent, and predictable, helping BC meet its climate goals while maintaining a competitive economy.