The Canadian province of Alberta is best known for the tar sands and the damage extraction of the bitumen has done to the planet. The province is now aware that their extraction economy won’t last forever because it isn’t renewable, so they have started to implement policies to make their province more efficient. One recent thing they did was implementing a carbon tax. Over at desmog blog they compiled a list of ten reasons Albertans like the new carbon tax and how it benefits them.
4) Household Rebates — $1.5 Billion
A popular critique of carbon pricing is that it unfairly punishes lower income people, costing poor people a higher percentage of their income and leaving even fewer options to, say, buy a newer and more fuel-efficient car or furnace.
Thankfully, Alberta has integrated well-designed rebates into the design of the carbon levy, channelling $410 million in 2017-18 to household rebates.
Two-thirds of Albertan households have already received partial or full rebates, depending on their income levels. Consumers who pollute less than average actually make money from the rebates.
Over three years, the household rebates will amount to $1.5 billion.
Thanks to Delaney!