SF Bay Area Businesses to Pay C02 Fee

by The Environmentalist Staff

The San Francisco Bay Area Air Quality Management District's Board of Directors has voted overwhelmingly (15-1) to impose a carbon fee on Bay Area businesses. The new rules will cover the nine Bay Area counties and will include refineries and power plants:

The Bay Area fees are expected to generate $1.1 million in the first year to help pay for programs to measure the region's emissions and develop ways to reduce them.

More than 2,500 businesses will be required to pay the proposed fees. About seven power plants and oil refineries would have to pay more than $50,000 a year, but the majority of businesses would pay less than $1, according to district estimates.

This follows efforts by San Francisco Mayor, Gavin Newsom, to curb emissions through an initiative proposed for the November ballot...

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