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Executive says NDP carbon tax expansion plan throws darts at struggling natural gas industry

2013-04-13 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Vancouver Sun: An NDP plan to expand the carbon tax to cover vented oil and gas emissions will damage the natural gas industry while raising little new revenue, industry analysts said Friday. Low natural gas prices mean the industry is struggling to survive and by signalling that it intends to add more to costs, the NDP is adding a burden the industry cant afford, said Peter Tertzakian, chief energy economist at ARC Financial Corp. Until there is some price recovery for natural gas by being able to access global...

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