The mid-terms are over, thus marking the mid-point of the semester for me, and the next six to nine weeks marks the home stretch–although it is not over as far as the pursuit of completing my degree goes? Last night I wrote the stats exam. This one was weighted as only 15 percent of the over course total mark, but nonetheless, it took almost two hours to write. All the questions were in essay format, meaning that my poor writing hand is in a lot of pain from holding the pen for so long. This pain is also known as writer’s cramp, or examinees’ torture. Now, what is left in the term are the projects, papers and finals. With three course this term, this means at least nine more events before mid April to look forward too. People wonder why professionals charge so much money for their services….
A Greener British Columbia? In a few hours the BC Provincial government will be issuing its annual budget to the people, and included within that budget will be the much publicized and controversial Carbon Tax. With only a preconception of what this will mean for the tax payers and its impact on the people, I am eagerly awaiting to see how our government is going to apply this tax? For me, the success of this tax will hinge on how it is applied. I personally don’t agree with the Carbon Tax scheme, as I see more effective ways of dealing with managing our environment, but this seems to be the way the BC Liberals want to proceed with the environmental issues? My concerns rests in how this tax will be applied?
I like to use the loaf of bread metaphor as a means of critiquing what impact and benefit this will have on everyone within the province. In all likelihood, the rule of economics dictates that if something is inflated or deflated at one end of the economic spectrum, the effect will be felt across the spectrum over to the other end of it. The question I ask is, who will bear the brunt of the tax? Obviously the economy as a whole will be impacted because no matter who receives the tax, the spending and inflation rates will change it. The next question is, who will be affected the most by this? The media says that gas will be greatly affect by this tax, so the overall cost of the loaf of bread will increase substantially as we have seen with just the increases in the cost of oil over the last two years. The final question is, will the environment be better off with this tax, in other words, will people just accept the increase in costs, or will they scale down their use of oil in reciprocation of the tax?
The final question to my query is, who gets the money in the end? Is our government responsible enough to implement this into providing greener solutions, or will they leaving it up the businesses and corporations to apply it on a voluntary bases? My fear with the Carbon Tax and Carbon Credits scheme is that each region will be treated differently adding undue stress some while others benefit without as much cost. Can the government fairly apply the rules and enforce it without loop-holes and escape-clauses built into the law so that large corporations can easily slip through? For example: If I have a business that is able to export my labour to a country that is free to use carbon, should I be penalization when sending my goods back into BC’s economy–we see this with the PST on gasoline?
But I am only speculating here because I have no idea what the government is going to do. I guess we will all find out in a couple of hours? Will I be happy about it, or just take it on the nose until the next election?