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Quebec petroleum companies to pay green tax

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Antiloop33rpm

Guest
I may not like the PLQ, but I will give Charest credit for standing up for Kyoto and making real attempts at cutting green house gases. There was also an announcement today of $130 million a year in funding for transit across Quebec. This is indeed good news for the province and should ensure that projects that are currently online will proceed as planned and that many others in the works can now be viewed with a great deal of optimism.

www.cbc.ca/story/business...uebec.html

Quebec petroleum companies to pay green tax
Last Updated Fri, 16 Jun 2006 09:43:20 EDT
CBC News

The Quebec government will charge a royalty on petroleum products in an effort to combat greenhouse gas emissions, but drivers might be the ones who end up paying for it, some say.

The $200-million-a-year generated by the tax will go into a green fund to fight climate change.

It is one of 24 measures the province announced Thursday as part of a plan called Quebec and Climate Change — A Challenge for the Future.

The Charest government says the plan will cut Quebec's greenhouse gas emissions to levels just short of the targets in the Kyoto Accord.

The plan is ambitious: reduce greenhouse gases in Quebec by 10 million tonnes a year by 2012.

It includes new emissions standards for passenger vehicles.

Premier Jean Charest says companies should see it as their contribution to a cleaner environment.

"If they don't see it that way, I'd regret that. I think they'd be totally wrong. They're going to be on the wrong side of this issue," Charest said.

'Consumers will have to pay'

Fuel firms will end up passing on the extra cost at the pump, according to Carol Montreuil of the Canadian Petroleum Products Institute.

"Call it whatever you want, at the end of the day, it's a tax, and unfortunately consumers will have to pay for it," Montreuil said.

Montreuil says his institute agrees the transportation sector has to contribute more to the effort to fight global warming, but a royalty on gas is not the way to do it.

Steven Guilbault of Greenpeace charges it would be greedy to make drivers pay.

"I think it's totally indecent for these companies to say we'll pass on the cost to consumers," Guilbault said.

Government officials say they are counting on the goodwill of the petroleum industry. Though they admit it will be nearly impossible to tell whether the new carbon tax shows up in the price at the pumps.

www.cbc.ca/montreal/story...60616.html

Quebec announces $130-million boost to public transit
Last updated Jun 16 2006 01:50 PM EDT
CBC News


The provincial government is pumping an additional $130 million a year into improving bus, metro and commuter train service.

Premier Jean Charest unveiled a new plan Friday to encourage public transit, as part of Quebec's strategy to cut greenhouse gas emissions.

Charest says the province wants more riders on city buses and the metro system.

"Because one of the things that we believe needs to be done is to make your life easier, and to adapt our transit systems to you. It's about energy efficiencies, it's about a higher quality of life, it's about saving money. I mean, there are so many good things around an issue like that one," Charest said.

Road vehicles produce nearly 40 per cent of Quebec's greenhouse gas emissions.

Charest is expecting oil companies to help pay to cut those emissions through a carbon tax expected to generate $200 million per year.

The "green fund" would help finance improvements to public transportation.

Quebec currently has the lowest levels of greenhouse gas emissions in the country.
 

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