cover image: CEC Fact Sheet  #93    |    August  2023 A S

20.500.12592/w5q2w5

CEC Fact Sheet #93 | August 2023 A S

18 Aug 2023

As such, businesses in the increase in the carbon price to reach $95/tonne in 2025 province need to know about the carbon tax and its impact. [...] Direct The forestry and logging industry in the province will see impacts are the cost that the carbon tax will impose on its cost increase by 6.1 percent on average. [...] - 4 - Assessing the impact of the carbon tax on business costs in various industries in British Columbia Appendix About the estimates: Impact of the carbon tax on production costs Stokes Economics provided macroeconomic cost projections of the impact of the carbon tax on various industries. [...] The model assumes that the carbon tax is an input cost and not a fixed cost in production, and that the average cost is equal to the marginal cost, reflecting the long-run absence of economies or diseconomies of scale. [...] The authors and the Canadian Energy Centre would like to thank and acknowledge the assistance of Stokes Economics and one anonymous reviewer in reviewing the data and research for this Fact Sheet.
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5
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Canada

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