CARBON TAX & OPPORTUNITIES
In Canada, the federal government implemented a coordinated nation-wide carbon price, beginning at $20 per tonne of carbon dioxide equivalent emissions (tCO2e) in 2019 and rising to $80 per tonne as of April 1, 2024.
All provinces and territories must maintain a carbon price of at least $80 per tCO2e in 2024.
The carbon tax applies to the purchase and use of fossil fuels and covers approximately 80% of provincial greenhouse gas emissions.
Gasoline: 17.61¢ per litre
Diesel (light fuel oil): 20.74¢ per litre
Natural gas: 15.25¢ per cubic meter
On April 1, 2024, B.C.’s carbon tax rate rose from $65 to $80 per tCO2e. To protect affordability, revenues generated by the new carbon tax increases will be directed to carbon tax relief for British Columbians through enhancements to the Climate Action Tax Credit.
Hydrogen Decarbonization Calculator
Allow HybriGenix to assist you in achieving your decarbonization goals. Determine your potential carbon dioxide (CO₂) reduction and cost savings by operating your aeroderivative, industrial, and heavy duty gas turbines either fully or partially on hydrogen.