Feds may further target fuel as national carbon tax looms

MONCTON, NB — Climate change is fundamentally altering the way companies are doing business, a leading climate researcher told the trucking industry Wednesday about Canada’s move towards a national carbon tax framework where polluters pay.

Earlier in October, the federal government indicated that all provinces must have a carbon pricing plan in place by 2018 that meets a minimum of $10 per tonne, rising to $50 per tonne of emitted carbon dioxide by 2022.

As Canada’s second worst offender for greenhouse gas emissions (GHG), the transportation industry comprises 23% of the country’s annual GHG output. Within the sector, freight trucking accounts for more than 54 megatonnes of GHGs each year, specifically representing 7.5% of Canada’s annual GHG emission total, according to Environment Canada. …Read the rest of this story

Source:: http://www.todaystrucking.com/feds-may-further-target-fuel-as-national-carbon-tax-looms