NEWTOWN, PA and VANCOUVER, BC / ACCESSWIRE / April 20, 2022 / Hydrogen Technologies, LLC (“Hydrogen Technologies” or “HT”), a wholly owned subsidiary of Jericho Energy Ventures Inc. (TSXV:JEV)(OTC PINK:JROOF)(Frankfurt:JLM0) (“Jericho” or “JEV” or the “Company”), expects to play a growing role in Canada’s energy transition by providing market-ready, real world, lower carbon solutions to organizations following Canada’s most recent Carbon Tax Increase.
On April 1, 2022, the Government of Canada increased the national tax on pollution by an additional 25% (or $10 per tonne) of greenhouse gas emissions, in most provinces. The increase brings the total price in applicable provinces to $50 per tonne, which adds another 2.2 cents to the cost of a litre of gasoline, or 11 cents total. The federal tax applies directly in Ontario, Manitoba, Saskatchewan and Alberta,…
