I see in the news today that the government of BC has officially implimented an interesting "carbon tax" on gasoline, which will be placed on every litre purchased at the pump. The idea being to cut back on their province's emissions:
http://www.theglobeandmail.com/servlet/story/LAC.20080220.BCCARBON20/TPStory/Environment
At first blush it may have looked like a cash grab, but according to the article it will be revenue neutral... "money raised will be returned to businesses and individuals through an annual "climate action credit," which will provide lower-income British Columbians with a payment of $100 per adult and $30 per child, and through a range of tax cuts."
Question is, how well do you think it will work? and would a tax along these lines fly here?