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Well it seams that our Government assumes that paying $1.27 per Litre of Fuel is a bit low….
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VICTORIA -- Driving and other fuel-dependent activities are about to get more expensive as British Columbia becomes the first jurisdiction in North America to introduce a consumer-based carbon tax.
The carbon tax will apply to virtually all fossil fuels, including gasoline, diesel, natural gas, coal, propane, and home heating fuel. B.C.'s carbon tax, the provincial government claims, will be the most comprehensive in the world.
Taylor said the new carbon tax will begin July 1, starting at a rate that will have drivers paying about an extra 2.4 cents per litre of gasoline at the pumps.
The tax will then increase each year after that until 2012, reaching a final price of about 7.2 cents per litre at the pumps.
After that, Taylor said, it will rest with the government of the day to decide if the tax rate should change any further.
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