July 21, 2021

Carbon Tax Rate (Cdn$/t CO2) 2020-2030

Carbon Tax Natural Gas Equivalent (Cdn$/MMBtu) 2020-2030

The Canadian Federal government has mandated a carbon price under the Greenhouse Gas Pollution Pricing Act. The federal program acts as a backstop price which applies to Provinces whose carbon policy or emissions regulations do not meet federal benchmarks.

• Natural gas produces 53 Kg (117 lbs) of CO2 emissions per MMBtu or 0.053 tonnes per MMBtu
• $40/t CO2 equates to a cost of $2.12/MMBtu of natural gas use
• $170/t CO2 equates to a cost of $9.02/MMBtu of natural gas use
• AECO-NIT has averaged Cdn$2.90/MMBtu over the first 5 months of 2021

See also:
The Largest Carbon Capture Countries 2023
Carbon Emissions Trading System (ETS) by Country 2024
Carbon Tax System by Country 2024
Carbon Crediting Mechanism by Country 2024
Canadian GHG Emissions by Sector 2005, 2019-2022, 2030
Large Emitters – Canadian Carbon Tax
Canadian Provincial Carbon Schemes
Canada’s Carbon Price Impact on Natural Gas 2022-2030
Carbon Tax Rate and OBPS Impact on AECO-NIT 2022-2030