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TEMS is now Patent Pending

TEMS new CO2 capture and conversion process has been filed and is...

CO2 Tax and Emissions

Carbon tax credit will benefit may companies. We can help put your carbon...

TEMS Technology

The chemical reaction of Potassium is well understood and provides a...

ALBERTA TO DOUBLE CARBON TAX 2017

Alberta will be doubling its carbon levy over the next two years – the first change in the tax’s eight-year history – as the province works on broader measures to burnish its image as a responsible oil producer. The tougher regulations and a royalty review announcement expected Friday come at a tough time for Alberta’s energy industry as a plunge in oil prices has led to thousands of layoffs and shelved expansion plans across the oil patch. Justin Giovannetti EDMONTON — The Globe and Mail Published Thursday, Jun. 25, 2015 12:13PM

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WHAT IS CARBON TAX?

A carbon tax is a tax levied on the carbon content of fuels.[1] It is a form of carbon pricing. Carbon is present in every hydrocarbon fuel (coal, petroleum, and natural gas) and is released as carbon dioxide (CO 2) when they are burnt. In contrast, non-combustion energy sources—wind, sunlight, hydropower, and nuclear—do not convert hydrocarbons to CO 2. CO 2 is a heat-trapping "greenhouse" gas[2] which represents a negative externality on the climate system (see scientific opinion on global warming).[2][3][4] Since GHG emissions caused by the combustion of fossil fuels are closely related to the carbon content of the respective fuels, a tax on these emissions can be levied by taxing the carbon content of fossil fuels at any point in the product cycle of the fuel.[5] Wikipedia 2016