Hooray for the carbon tax

This week British Columbia passed North America's first carbon tax, a big step toward tying sustainability, transportation and market forces. Why can't the rest of Cascadia build on the example?

The tax has been in the works for a while but I missed the passage until I arrived in Vancouver Friday night and noticed it was all over the papers and TV. Looking back, I can't find a single reference in mainstream Seattle-area media.

This policy is huge news because it stands to begin discouraging emissions while making taxation more progressive. Here are some interesting first takes:

-- There are some links to more details and praise for the potential environmental impact here.

-- The business community is glad that there's finally a law, according to yesterday's Globe and Mail.

-- The Tyee looks at whether the tax is fair, here.

-- Progressive Economics points out some flaws yet ends up praising the idea here.

Comments

[John]

Ummmmm

Quebec passed North America's first carbon tax six months ago. Please give credit where it's due.

http://www.cbc.ca/canada/montreal/story/2007/06/07/carbon-tax.html