California’s expensive carbon tax delayed

July 24, 2009

California regulators postponed a final vote on implementing a statewide carbon fee because of litigation fears from taxing imported electricity, according to ClimateWire. The measure would tax electricity imported from the coal-fired power plants located just over California’s eastern border.

Regardless of the imported electricity issue, ClimateWire reports that the new fee would cost a California cement plant about $200,000 per year and an oil refinery about $1.3 million per year.

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