{"id":3609,"date":"2024-03-26T13:35:58","date_gmt":"2024-03-26T20:35:58","guid":{"rendered":"https:\/\/onlineacademiccommunity.uvic.ca\/scholarlycommunications\/?p=3609"},"modified":"2024-04-16T11:19:14","modified_gmt":"2024-04-16T18:19:14","slug":"carbon-tax-hike-bc","status":"publish","type":"post","link":"https:\/\/onlineacademiccommunity.uvic.ca\/scholarlycommunications\/2024\/03\/26\/carbon-tax-hike-bc\/","title":{"rendered":"Carbon tax talk heating up in B.C. as April 1 hike nears"},"content":{"rendered":"<p>March 21, 2024 | <a href=\"https:\/\/www.vicnews.com\/news\/carbon-tax-talk-heating-up-in-bc-as-april-1-hike-nears-7332692\">Victoria News<\/a> via <a href=\"https:\/\/www.uvic.ca\/communicationsmarketing\/media\/uvic-in-news\/index.php\">UVic News<\/a><\/p>\n<p>The point of the carbon tax hike is to provide a monetary incentive for Canadians to reduce their carbon emissions. The current federally mandated carbon tax hike will result in about $1.30 extra for drivers each time they fill up a 40-litre gas tank. According to <a href=\"https:\/\/distribution-a617274656661637473.pbo-dpb.ca\/7590f619bb5d3b769ce09bdbc7c1ccce75ccd8b1bcfb506fc601a2409640bfdd?utm_source=victoria%20news&amp;utm_campaign=victoria%20news%3A%20outbound&amp;utm_medium=referral\">a March 2023 report<\/a> from the Office of the Parliamentary Budget Officer, most Canadians will receive these tax dollars back in rebates.<\/p>\n<p>The B.C. Director of the Canadian Taxpayers Federation spoke out to Premier David Eby against the tax increase. UVic\u2019s Dr. Felix Pretis has also been a part of the overall discussion with a <a href=\"https:\/\/link.springer.com\/article\/10.1007\/s10640-022-00679-w#Sec18?utm_source=victoria%20news&amp;utm_campaign=victoria%20news%3A%20outbound&amp;utm_medium=referral\">2022 study<\/a> investigating whether the carbon tax reduces CO<sub>2<\/sub> Emissions from the British Columbia point of view. Dr. Pretis asserted in this study that \u201cthe introduction of North American\u2019s first major carbon tax has reduced transportation emissions but not \u2018yet\u2019 led to large statistically significant reductions in aggregate CO<sub>2<\/sub> emissions \u2026 instead, closures and efficiency-improvements in emission-intense industries in untaxed provinces have reduced emissions. Overall, the results show that existing carbon taxes (and prices) are likely too low to be effective in the time frame since their introduction.\u201d<\/p>\n<p><a href=\"https:\/\/www.uvic.ca\/socialsciences\/economics\/faculty-staff\/faculty-profiles\/pretis-felix.php\">Dr. Pretis<\/a> is Associate Professor in the Department of <a href=\"https:\/\/www.uvic.ca\/socialsciences\/economics\/index.php\">Economics<\/a> at UVic and co-director of the <a href=\"https:\/\/www.climateeconometrics.org\/\">Climate Econometrics<\/a> project. If you are interested in reading more of Dr. Pretis\u2019 work, the Office of Copyright and Scholarly Communications encourages you to visit the university\u2019s institutional repository <a href=\"https:\/\/dspace.library.uvic.ca\/home\">UVicSpace<\/a>, where <a href=\"https:\/\/dspace.library.uvic.ca\/browse\/authoronly?value=Pretis,%20Felix&amp;bbm.return=1\">two of his co-authored publications<\/a> are available to read without fees or passwords.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>March 21, 2024 | Victoria News via UVic News The point of the carbon tax hike is to provide a monetary incentive for Canadians to reduce their carbon emissions. The current federally mandated carbon tax hike will result in about $1.30 extra for drivers each time they fill up a 40-litre gas tank. According to [&hellip;]<\/p>\n","protected":false},"author":19337,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17,642],"tags":[1432,838,1434,1433],"class_list":["post-3609","post","type-post","status-publish","format-standard","hentry","category-news","category-uvicspace","tag-bc","tag-carbon-tax","tag-climate-econometrics","tag-co2-emissions"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/onlineacademiccommunity.uvic.ca\/scholarlycommunications\/wp-json\/wp\/v2\/posts\/3609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onlineacademiccommunity.uvic.ca\/scholarlycommunications\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onlineacademiccommunity.uvic.ca\/scholarlycommunications\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onlineacademiccommunity.uvic.ca\/scholarlycommunications\/wp-json\/wp\/v2\/users\/19337"}],"replies":[{"embeddable":true,"href":"https:\/\/onlineacademiccommunity.uvic.ca\/scholarlycommunications\/wp-json\/wp\/v2\/comments?post=3609"}],"version-history":[{"count":2,"href":"https:\/\/onlineacademiccommunity.uvic.ca\/scholarlycommunications\/wp-json\/wp\/v2\/posts\/3609\/revisions"}],"predecessor-version":[{"id":3615,"href":"https:\/\/onlineacademiccommunity.uvic.ca\/scholarlycommunications\/wp-json\/wp\/v2\/posts\/3609\/revisions\/3615"}],"wp:attachment":[{"href":"https:\/\/onlineacademiccommunity.uvic.ca\/scholarlycommunications\/wp-json\/wp\/v2\/media?parent=3609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onlineacademiccommunity.uvic.ca\/scholarlycommunications\/wp-json\/wp\/v2\/categories?post=3609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onlineacademiccommunity.uvic.ca\/scholarlycommunications\/wp-json\/wp\/v2\/tags?post=3609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}