**** Service Nova Scotia Release
Fuel Regulations Changed in Response to Federal Carbon Reduction Initiatives
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The Province has changed its fuel pricing regulations to ensure Nova Scotia is complying with federal carbon pricing measures.
Gas, diesel and home heating fuel costs will go up July 1 by about 14 to 17 cents a litre because of the federal fuel charge, also known as the carbon tax.
The federal government is also putting a fuel producer carbon tax into effect July 1. This will require fuel producers and suppliers in Nova Scotia to make gas and diesel fuels cleaner by reducing their carbon content.
Changes to the Petroleum Products Pricing Regulations to comply with the federal government include allowing the Nova Scotia Utility and Review Board (NSUARB) to set a price adjuster, which will determine how much of the second charge must be passed along to consumers. The changes will also allow the NSUARB to price gasoline blended with renewable content.
Quick Facts:
— petroleum products for transportation are regulated in Nova Scotia; the NSUARB has the authority to set fuel prices
