Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Canadian RMC Levy on HCFCs to Increase $1
Jun 1, 2010
 Printable format
 Email this Article
 Search

Refrigerant Management Canada (RMC) increased the environmental levy on HCFCs by $1.00 effective June 1, 2010. The levy rate will increase from $1.50 to $2.50 per kilogram on HCFCs or HCFC blends sold in Canada.

The adjustment comes in response to the 30% reduction in allowable HCFC import volumes that came into effect on January 1, 2010 and is necessary for the sustainability of the RMC program. The 30% reduction in import volumes translates into a 30% reduction in RMC revenue.

RMC is an industry-led extended producer responsibility (ERP) program dedicated to ensuring that refrigerants are disposed of in an environmentally responsible manner. The program is funded by a voluntary environmental levy remitted by the industry on sales of new and reclaimed HCFCs and HCFC blends. No government funding is provided for the program. The levy has been maintained at $1.50 per kilogram since January 1, 2006. However, the 30% volume reduction of HCFCs will not allow the program to remain financially viable without an increase in the levy.

In 2007, after seven years of operation, RMC had collected and destroyed over one million kilograms of surplus ozone depleting refrigerants. In 2010, RMC will reach two million kilograms collected and destroyed. This next benchmark in refrigerant destroyed by the program will have been accomplished in under three years and calls attention to the significant volume increases the program is handling as revenues decline.

Back to Daily News

 

Daily News

...........................................................

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

Oct 29, 2014: New home sales up slightly in September 2014

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows