Energy One Corp (EGOC)

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countries with carbon ta read

Have other countries implemented a carbon tax?

Beginning in the 1990s, Sweden, Finland, the Netherlands, and Norway implemented carbon taxes as part of efforts to reduce GHG emissions. Similar policies, focused on taxing energy use, are in place or under discussion in other European countries and Japan. Most recently, the Canadian Province of British Columbia established a tax on fossil fuels that starts at C$10 (approximately US$9.80) per metric ton of CO2-equivalent and increasing to C$30 (US$29.35) per metric ton by 2012. The tax is “revenue neutral” as revenues generated will be returned to consumers through tax credits, rebates, and lower corporate and personal income taxes.

For additional information on international experience with carbon taxes, see the Organization for Economic Co-operation and Development’s resources on Energy Prices and Taxes at www.oecd.org or search “Energy/carbon taxes” at www.epa.gov for a summary by the U.S. Environmental Protection Agency.

also i know new zealand has it and australia are in talks reharding this new carbon tax