Can a carbon tax work without hurting the economy? Ask British Columbia | Dana Nuccitel... - 0 views
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John Pearce on 02 Aug 13"As a result, British Columbia's greenhouse gas emissions fell 10 percent between 2008 and 2011, as compared to a 1.1 percent decline for the rest of Canada. The carbon tax was introduced right before the recession hit in 2008, so while Gross Domestic Product (GDP) fell slightly between 2008 and 2011 in British Columbia, that change was on par with the small decline in Canada's GDP. Thus while it's inconclusive whether the carbon tax is helping or hurting British Columbia's economy, it's certainly not having the seriously damaging economic effect that alarmist opponents claim that carbon taxes will have."