What we can learn about carbon taxes from British Columbia’s experiment

In 2008, the Canadian province of British Columbia instituted a tax on carbon. It is “revenue neutral,” which means that all the money raised by the tax is used to reduce other taxes — the government doesn’t get any new revenue to spend. Ever since BC passed the tax, climate hawks have been arguing about it. Is it a success? A failure? What are its political implications for other jurisdictions? Now there’s a carbon tax on the ballot in Washington state that is explicitly modeled on the BC tax. (It’s…

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Bipartisan Stivers bill would promote development of distributed energy generation technology

Legislation introduced by U.S. Rep. Steve Stivers (R-OH) on Friday would help manufacturers and businesses cut energy costs, reduce pollution and revise the tax code related to the distributed energy generation market. The Energy Tax Fairness Act, H.R. 5289, introduced by Stivers and U.S. Rep. Jackie Speier (D-CA), would encourage the development of linear generation technology that can produce electricity from a range of fuel sources, including natural gas and biomass. “I believe in an all-of-the-above energy strategy to encourage the production of traditional and renewable sources of energy,” Stivers said….

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