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Quebec unveils carbon tax

July 03, 2006
"We want to be the leaders in Canada. 2010 is the objective we have set to impose the California standard...Kyoto is not a dream; it is possible to achieve."
"This is an excellent move...The time has come for oil companies to pay for the pollution they cause related to climate change. It would be outrageous for oil companies who make billions of dollars in profit to have consumers pay the bill."

Montreal, Que - Quebec plans to adopt tough vehicle emissions standards and will become the first province to levy a "carbon tax" on oil and gas companies as part of an ambitious plan to fight global warming.

The tax will raise about $200-million a year over six years, provincial government officials said yesterday, and will finance a $1.2-billion Green Fund to make reductions in greenhouse gas emissions called for under the international Kyoto accord.

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