News recently broke that B.C.’s electric vehicle rebate is under government review, a decision some have tied to the removal of B.C.’s consumer carbon tax and whether it creates a funding gap for the program.
It helps to start with the facts. B.C.’s EV rebate was not funded by the province’s late consumer carbon tax and, in fact, the policy isn’t funded by taxpayers at all.
B.C.’s EV rebate is funded by BC Hydro, which collects revenue as a result of another climate measure called the low-carbon fuel standard. Fuel producers regulated under the standard can either make their fuel cleaner—for example, by blending in biofuels or distributing electricity—or
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