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New Brunswick says new carbon pricing plan would reduce price of gasoline

WATCH: The New Brunswick government has submitted its new carbon pricing scheme to Ottawa for approval. As Silas Brown reports, Premier Higgs says the plan will reduce the price of gasoline.

New Brunswick’s environment minister says the province’s new carbon pricing proposal would actually reduce prices at gas pumps.

Jeff Carr says the new proposal is based on plans already approved by the federal government for Prince Edward Island and Newfoundland and Labrador, and would cut prices by a few cents per litre.

READ MORE: New Brunswick submits second part of new carbon plan to Ottawa for approval

The province gave its proposal for dealing with industrial emitters to Ottawa in July, and last week submitted its carbon pricing proposal for dealing with consumers.

New Brunswick was hit with the federal carbon tax because it was one of the provinces that had not implemented its own carbon-pricing scheme.

Carr says staying with the federal back-stop would have meant another three cent per litre increase in the spring.

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Blaine Higgs to come up with New Brunswick plan on carbon taxing
Blaine Higgs to come up with New Brunswick plan on carbon taxing

READ MORE: Politicians, environmentalists weigh in on Blaine Higgs plan for ‘made-in-New Brunswick’ carbon plan

He says it’s hoped the federal government will approve the new proposal so that changes could take effect April 1, 2020.

Green party Leader David Coon said once there is harmony in the region on carbon pricing, New Brunswick should look at tougher regulations for industry and transportation to achieve greater reductions in carbon emissions.

This report by The Canadian Press was first published Nov. 20, 2019.