The federal government is increasing the carbon tax burden on new natural gas plants to discourage power companies from building more of them. Pipes at the Shell Groundbirch Saturn natural gas plant are seen near Fort St. John, B.C., Thursday, Oct. 11, 2018. THE CANADIAN PRESS/Jonathan Hayward OTTAWA — The federal government is increasing the carbon tax on new natural-gas plants to discourage power companies from building them. The change is part of final regulations for the government’s carbon-tax system for big industrial greenhouse-gas emitters which were released Friday. It means any natural gas plant that starts operating after 2021 will have to pay the carbon price on a higher portion of its emissions each year until 2030, when it will pay the price on all emissions. The big-emitters program, known officially as the "output-based pricing system," affects businesses that produce more than 50,000 tonnes of greenhouse gases a year, the equivalent of about 10,000 cars’ emissions. It is designed to limit impacts on competitiveness for major industrial emitters, who will pay the carbon tax on a portion of what they emit rather than on all the fuels that they use; an emissions standard is set for every industry […]
Latest Articles
The Top 5 Happy Eco News Stories for May 16, 2022
The Top 5 Happy Eco News Stories for May 16, 2022 Thanks for reading the Top 5 Happy Eco News! This week we have two guest...
A New Electric Microcar Could Redefine Urban Mobility. By Folding?
Takeaways: The City Transformer can shrink down from 98 inches long to 39 inches in tight spots.
This car promises to reshape urban mobility...
Composting at Home: A Natural Way to Revitalize the Soil
Takeaways: Compost contains soil paper, branches and leaves that act as carbohydrates. Food scraps act as proteins.
Creating your own compost at home requires...
California Condors Return to Northern Redwoods After a 100-Year Absence
Takeaways: Two condors have been released from a pen in Redwood National Park.
This is the first time in over a century that these...
Meet ‘Wind Catcher’: A 1,000-ft Tall Multi-Rotor Offshore Turbine
Takeaways: The "Wind Catcher" is a 1000 foot tall floating wind turbine.
This innovation could be used to power as many as 80 000...
Leonardo DiCaprio Just Invested In This Fast-Food Company
Takeaways: Actor and activist Leonardo DiCaprio has just invested in Neat Food Co., a vegan fast-food company in the UK.
In addition to their...