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The Greenhouse Gas Pollution Pricing Act [a] (French: Loi sur la tarification de la pollution causée par les gaz à effet de serre) is a Canadian federal law establishing a set of minimum national standards for carbon pricing in Canada to meet emission reduction targets under the Paris Agreement. [2]
Tombe estimated the impact of the carbon tax on the 3 "most carbon-intensive consumer purchases". He estimated an increase in the price of gasoline of c. 6.7 cents per litre when the CA$30 a tonne tax came into effect. Natural gas prices would increase by about $1.50 /GJ. [20] "[L]ow to middle-income households" would "receive compensation". [20]
Donald Trump's proposed tariffs on Canada could increase U.S. gas prices by up to 70 cents a gallon, energy experts say. ... "The coastal areas have more options — they don't rely as much on ...
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
In 2023, Capital Power sought to increase the capacity of the power plant by 40 MW. The proposed increase is intended to be achieved through upgrades to parts within the gas turbine. [11] The proposal was criticised by environmentalists for threatening "Brampton's goal of reducing corporate greenhouse gas emissions by 45 per cent by 2030."
The Government of Canada collects about $5 billion per year in excise taxes on gasoline, diesel, and aviation fuel [21] as well as approximately $1.6 billion per year from GST revenues on gasoline and diesel (net of input tax credits). The Canada Revenue Agency, a part of the government, collects these taxes.
The opening of the terminal coincided with a significant increase in the import of aviation fuel to Canada, with the rate of aviation fuel importation increasing from 10% in the early 2000s to 33% by 2008; this has been linked to refinery closures as well as the decision by some refiners to switch production away from aviation fuel to diesel or ...
Natural Gas [15] GTAA Cogeneration Plant: Mississauga: 117: February 1, 2006: GTAA: Natural Gas [16] Great Northern Tri-Gen Facility: Kingsville: 12: Under Construction: Great Northern Hydroponics: Natural Gas [17] Halton Hills Generating Station: Halton Hills: 683: September 1. 2010: Atura Power: Natural Gas [18] Iroquois Falls Power Plant ...