Economic Commentary on British Columbia’s Climate Action Tax Credit: How Is It Creating an Equitable Environment in B.C.? ()
ABSTRACT
This paper examines the impact of British Columbia’s
Climate Action Tax Credit on creating a more equitable environment in the face
of increasing carbon taxes. By applying economic concepts such as marginal
social/private costs and consumer/producer spending by the implementation of a
Pigouvian tax (carbon tax), the paper analyzes the economic equity that
theoretically should be present in British Columbia as a consequence of the tax
credit. It analyzes several secondary sources and applies economic theory as
per the International Baccalaureate Diploma Program.
Share and Cite:
Sinha, S. (2023) Economic Commentary on British Columbia’s Climate Action Tax Credit: How Is It Creating an Equitable Environment in B.C.?.
Open Journal of Business and Management,
11, 2466-2471. doi:
10.4236/ojbm.2023.115136.
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