Energy and Environmental Policy Trends: Making Sense of Alberta’s Fuel Tax Holiday and Electricity Bill Credit
On March 7, 2022 — in response to rapidly rising crude oil and gas prices (and therefore utility costs) following Russia’s invasion of Ukraine and inflation at generational highs — the Government of Alberta announced it will suspend provincial fuel taxes effective April 1, 2022. In addition, it will provide a $150 credit on households’ electricity bills. What will this mean for Alberta families? Will it “reverse” the federal carbon tax, as Premier Kenney claimed when announcing the new policy?
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