British Columbia Carbon Tax Kicks In Tomorrow. By Tom McMillan, Victoria Times Colonist, June 30, 2008. "Starting tomorrow, driving gets a little more expensive for [British Columbia] drivers. The province's new carbon tax, which will raise gas prices by about 2.4 cents per liter [9.2 cents per gallon], and booster-seat regulations both take effect July 1. Residents say the gas tax has them nervously watching their wallets. fossil fuels, including gasoline, diesel, natural gas, coal, propane and home-heating fuel. B.C.'s tax, the provincial government has claimed, will be the most comprehensive in the world...The [initial gas] tax will then increase each year until 2012, reaching a final increase of about 7.2 cents per liter [27.7 cents per gallon]... To help people adjust to the cost of the new tax -- which promises to achieve about 7.5 per cent of the government's legislated reductions by 2020 -- British Columbians began receiving one-time $100 checks last week. The tax has been the focus of intense political debate in recent weeks, with [B.C.] Premier Gordon Campbell defending the policy from criticism that it is ineffective and punishes individual consumers." [Editor's Note: The Canadian dollar is currently equal to 99.2% of the U.S. Dollar.]
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