Saturday, November 18, 2006

City Approves ‘Carbon Tax’ in Effort to Reduce Gas Emissions

Katie Kelly, NY Times




BOULDER, Colo., Nov. 14 — Voters in this liberal college town have approved what environmentalists say may be the nation’s first “carbon tax,” intended to reduce emissions of heat-trapping gases.



The tax, to take effect on April 1, will be based on the number of kilowatt-hours used. Officials say it will add $16 a year to an average homeowner’s electricity bill and $46 for businesses.



City officials said the revenue from the tax — an estimated $6.7 million by 2012, when the goal is to have reduced carbon emissions by 350,000 metric tons — would be collected by the main gas and electric utility, Xcel Energy, and funneled through the city’s Office of Environmental Affairs .



The tax is to pay for the “climate action plan,” efforts to “increase energy efficiency in homes and buildings, switch to renewable energy and reduce vehicle miles traveled,” the city’s environmental affairs manager, Jonathan Koehn, said.



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