Vaughn Palmer thinks it’s coming. And why shouldn’t it be? A carbon tax is one of the clearest forms of market regulation possible, producing the fastest results for reducing greenhouses gases possible. The simple thing it does is puts a price on carbon emissions, something not truly ever taken into the account of anything till now.

Carole Taylor has apparently been discussing revenue neutrality, meaning the tax will go directly towards green projects. Almost like photosynthesis: in goes the carbon, out comes the oxygen!

For example, a proposed gas levy would begin at 4 cents/litre, immediately brining in $200 million for the government. This would escalate to 24 cents/litre by 2030. Presumably, because this is a gas levy, the revenues would go towards green transportation, such as transit projects or HOV lanes. No, it doesn’t seem like all that much money, especially when our Metro needs $3 billion alone just to do the Evergreen Line and finish the Millennium Line. And considering this is province wide, with other places like Victoria also clamouring for LRT and Commuter rail, it seems unlikely that this money will be enough. But hey, it’s a start.

Most pollsters seem to say the majority of people would support a carbon tax, at least in BC. However, the Canadian Taxpayer’s Federation, continuing to argue that we pay too many taxes, says it will never fly and be political suicide for the government that implements it (not that this matters to Carole Taylor, who will be stepping down before the next election).

I think the thing the CTF misses though is that Canadians are generally more willing to pay minor taxes for the greater good, as long as their money is being spent properly. For example, most Canadians would probably like their healthcare system improved, something that simply requires a whole lot of cash to do. Meanwhile, the federal government brings in billions of dollars of surplus, and throws it into the military and paying down the debt. With actions like these, it’s no surprise people want less taxes. It’s a simple case of the consumer wanting their money back for crappy service!

So, I figured I’d test the BC blogosphere and see what you guys think of a carbon tax. Please take part in the poll below :)

Do you support a carbon tax in BC?
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