A while back we talked about the carbon tax in British Columbia and how it resulted in a dramatic reduction in carbon fuel use without any harm to the local economy. Many economists believe that carbon taxes are one of the best ways to promote lower greenhouse gas emissions.
Natural gas, also known as methane, is one of several “greenhouse gases” that trap heat radiation trying to leave the Earth. Molecule-for-molecule, methane warms our planet’s atmosphere about 25X more than carbon dioxide.