| dc.description.abstract | This paper explores the potential for a carbon tax in Nova Scotia as a means of meeting the
provincial targets for carbon dioxide equivalent reductions of 10% below 1990 levels by 2020. The
study first evaluates the current carbon tax policy in place in British Columbia and compares Nova
Scotia to British Columbia. Similarities and differences between the coastal provinces are
assessed in climate change risks, fossil fuel production and climate policy. Three potential tax
progressions were then simulated on Nova Scotia Power Incorporated (NSPI) as a case study. The
tax progressions include a tax modeled from the current BC tax, a constant tax rate and an
increasing tax rate that were designed to meet the emissions reduction goal. All three carbon tax
progressions are theoretically capable of meeting the reduction target while marginally increasing
electricity rates. There are however, many environmental and socio-economic benefits and
downfalls associated with this climate policy. Due to the limitations of this study more research into
this area is needed before conclusive results can be found. | en_US |
