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Taxes on diesel, carbon split rivals in Canada election
Ottawa (AFP) Sept 9, 2008 Prime Minister Stephen Harper promised Tuesday to reduce Canada's excise tax on diesel fuel in contrast to his main rival's plan for a carbon tax, in a heated election campaign. Harper said if his Conservatives are returned to power he would cut the diesel tax by half, from four cents (Canadian, US) to two cents a liter. Liberal leader Stephane Dion meanwhile has outlined a plan widely supported by environmentalists that would introduce a tax on carbon emissions to reduce greenhouse gas emissions in the country, and thus curb global warming. "At a time when consumers are concerned about rising energy prices, we want to reduce the tax on diesel a bit," said Harper. "Others plan to increase the tax on diesel significantly." Voters must choose, he said, between "a modest affordable reduction in the tax of diesel or a massive carbon tax that will increase the cost of everything." Community Email This Article Comment On This Article Related Links Powering The World in the 21st Century at Energy-Daily.com
Oil prices slide to five-month lows before OPEC meet
London (AFP) Sept 9, 2008Oil prices slumped close to 101 dollars on Tuesday, their lowest level since the start of April, as the market waited to see whether OPEC would announce a cut in output levels later in the day. |
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