Sharing Daily Discoveries About Personal Finance And Business Topics

Carbon Tax

Starting tomorrow there is going to be this carbon tax that is going to be introduced here. Basically, for every litre of fuel that is sold about an additional 2.5 cents will be added to it. The idea is to try and make people more aware of harmful greenhouse gases to encourage less usage of say a gas guzzling car.

This definitely makes owning a vehicle an even bigger expense. Maybe I am a little bias, but I personally always try to use a vehicle as less as possible and so in many ways I don’t mind this tax too much. I know one person who has decided to sell his car due to gas prices and will try to live a life around services such as public transportation.

Another idea that a lot of people do to save money if they still need to use a car is to carpool with others. We’ll just have to wait and see how this pans out.

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