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The Harper government is expected to reveal a budget of $1.5 billion over 7 years for the promotion and production of green fuels.
In an effort to reduce pollution, China has introduced cleaner fuel standards in Beijing, requiring retailers to supply gasoline and diesel equivalent to the Euro IV standard.
“British Columbia has given business some much-needed certainty on the climate change file, at least as far as its carbon tax plans go.” A price of $10 per tonne will be charged on carbon emissions from fossil fuels beginning in July and will be built into the price of fuel.
The Vancouver Sun
British Columbia’s new carbon tax, applied to virtually all fossil fuels (including gasoline, diesel, natural gas, coal, propane and home-heating fuel) will be effective on Canada Day, July 1st. Prices at the pump will see a 2.41 cent per litre increase.