New natural-gas power plants to pay carbon tax on all emissions by 2030
Jun 28, 2019 | 11:36 AM
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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 are being released this week.
The system affects businesses that produce more than 50,000 tonnes of greenhouse gases a year.
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.
