Quebec introduces carbon tax, Canada CEOs urge more

Submitted by Richard on October 2, 2007 - 12:17pm

Reuters are running a story about a new carbon tax in Quebec.

"TORONTO, Oct 1 (Reuters) - Quebec province slapped the country's first carbon tax on energy firms on Monday, as Canadian business leaders urged "environmental taxation" to rein in greenhouse-gas emissions.

The tax, proposed more than a year ago, is expected to raise C$200 million ($202 million) a year to fund the province's plans to reduce emissions."

Read full article here.

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