Aggregates Manager

December 2016

Aggregates Manager Digital Magazine

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AGGREGATES MANAGER / December 2016 7 WASHINGTON The state's carbon emission tax measure, Initiative 732, was soundly de- feated in November. The New York Times reports that the climate change measure would have imposed a tax on greenhouse gas emissions gen- erated by fossil fuels. The tax would have begun at $15 per metric ton in 2017, before increasing to $25 a ton in 2018, and gradually rising to $100 per ton in 2016 dollars. The Times estimated that a typical passenger car emits about 5 metric tons of carbon dioxide per year. Funds raised would have gone toward lowering the state sales tax. The proposal was based on a carbon tax that British Columbia put in place in 2008. Ireland and Sweden already have carbon emission taxes. Less than a month before the election, 42 percent of state residents support- ed the measure, while 37 percent opposed it. The 21 percent of unde- cided voters ultimately fell into the "opposed" column, as it was rejected by 58 percent of voters. PROVINCE NEWS The Ontario Ministry of Natural Resources and Forestry introduced new legislation that it says would modernize the management of resource extraction in the province to help increase growth and competitiveness in the mining sector and improve environmental accountability and oversight in the aggregates industry. "Aggregate resources are used to build our roads, schools, and hospitals, and as Ontario makes the largest infrastructure investment in this province's history, there is an ongoing need for this important resource," said Ministry of Natural Resources and Forestry Kathryn McGarry in a press release. "The proposed bill would create a modern regulatory framework for aggregate resources, and help companies and communities benefi t from this important resource as we continue building these vital infrastructure projects." It would do so, the Ministry says, by better outlining and overseeing regulations for aggregate companies, updating fees and royalties on aggregates to en- sure fairness to companies while supporting communities, and increasing public participation in the extraction application process. NEW JERSEY New Jersey voters approved a constitutional amend- ment dedicating gas tax proceeds — including the anticipated $1 billion a year in new revenue created by its recent 23-cent gas tax — to transportation projects. According to NJ.com, ballot question 2 asked voters to protect the new revenue from future raids and to ensure it goes to road, bridge, and mass transit projects. The state will collect an estimated $1.16 billion per year from the new gas tax, $31.1 million per year from increased taxes on non-motor fuels, and $39.6 million per year from a diesel sur- charge. Funds will be used to fi nance an eight-year, $16 billion transportation program that includes $12 billion in borrowing and $500 million per year in annual allocations. LOWER COST. L938F 2.5 yd 3 / 171 hp $104,500* L948F 3.0 yd 3 / 171 hp $119,500* LG958L 4.0 yd 3 / 241 hp $137,500* LG959 4.0 yd 3 / 241 hp $147,500* 844-TRY-SDLG 844-879-7354 sdlgna.com $137,500* $137,500* $119,500* $119,500* $104,500* $104,500* $147,500* $147,500* * Prices are subject to change without notice. Visit sdlgna.com for details. Reliable performance isn't expensive to build. We've been proving that for decades. SDLG wheel loaders give you exactly what you need — simple operation and easy upkeep at the lowest prices in the industry. If you own an SDLG, you already know this. If you don't, it's time you did. To find your local dealer, click or call.

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