April 27, 2017 | Nathan Michaels
Energy panel weighs in on the nuts and bolts of the controversial carbon tax
Alberta's carbon tax is one of the most important policy changes in the province's recent history. How Alberta adapts to the tax will undoubtedly shape its economic landscape for years to come.
In effect since January, the $20-a-tonne tax remains a highly contentious topic from both economic and environmental perspectives. Since its implementation, politicians, businesses, and consumers have worried what the additional tax will do to an already fragile Alberta economy and to Albertans.
Some groups, like the Canadian Taxpayers Federation, for example, claim the average household could pay more than $2,500 per year as a result of direct costs, such as household energy use, and indirect costs from increased costs to business operations.