If you can’t beat ’em, well, beat them.
With a green stick.
British Columbia has gone farther than any other government entity to make polluting the environment unpleasantly expensive.
The Most Sensible Tax of All
British Columbia’s carbon tax – a tax on the carbon content of all fossil fuels burned in the province – increased from $25 to $30 per metric ton of carbon dioxide, making it more expensive to pollute.
This was good news not only for the environment but for nearly everyone who pays taxes in British Columbia, because the carbon tax is used to reduce taxes for individuals and businesses. Thanks to this tax swap, British Columbia has lowered its corporate income tax rate to 10 percent from 12 percent, a rate that is among the lowest in the Group of 8 wealthy nations. Personal income taxes for people earning less than $119,000 per year are now the lowest in Canada, and there are targeted rebates for low-income and rural households.
Could it work in the United States?
It’s an idea worth considering.
The tide is turning towards Sustainable Business.
Next week, the world’s government, industry and citizen groups will convene in Rio de Janeiro to discuss Sustainable Development.
This week, the Sustainable Business community held a first-of-its-kind full-day Washington summit.
The Alliance of Sustainable Business Council,a group of business owners with a commitment to Sustainable Business practices, also met with White House and Congressional officials.
The group supports business-friendly legislation and policies that are also kind to the earth and protect future generations.
ASBC Issues Call to Action at Historic White House Meeting
The largest U.S. business organization focused on sustainability has sent a letter to the White House and Congress, calling for a growing economy compatible with shared prosperity and environmental stewardship. The message was also conveyed to Administration officials at a first-of-its-kind, day-long summit at the White House on Tuesday, June 12, 2012, and will be shared in meetings with Senators and their staff on Wednesday, June 13, 2012.
Since all politics is local, it’s important to get connected and active in our own business community.
Check out the Member names down the left column of the White House letter. It’s a long list of Sustainable Business groups nationwide.