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British Columbia fossil fuel levy to create green fund
1 June 2007
The British Columbian government is placing a 0.4% levy on sales of electricity, natural gas, grid propane and fuel oil that are non-transportation related. The new tax, expected to cost the average household about C$8 a year, will be used to create a $25 million Innovative Clean Energy (ICE) Fund to support the development of clean power and energy efficiency technologies. The government promised the fund in its new energy strategy, released in February (Windpower Monthly, March 2007). While the fund is expect to focus on demonstrating new technologies, the strategy says that wind power could benefit from other types of assistance "such as the dissemination of information and technology transfer, or government taking leadership in applying the technologies in government operations."
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