New Brunswick·NewThe province’s Energy and Utilities Board has cancelled the Holt government’s move to cut the “carbon cost adjuster” charges. The changes were set to take place on Monday.Discounts of up to 10 cents per litre were promised to consumers starting MondayRobert Jones · CBC News · Posted: Nov 28, 2025 1:45 PM EST | Last Updated: 32 minutes agoListen to this articleEstimated 1 minuteThe audio version of this article is generated by text-to-speech, a technology based on artificial intelligence.Retail prices for gasoline in Saint John on Friday sat just above $1.45 per litre. A discount of more than nine cents scheduled for Monday and announced by the Holt government has been nullified by the New Brunswick Energy and Utilities Board. (Roger Cosman/CBC)Gasoline and diesel price cuts of up to 10 cents per litre that were scheduled to take effect across New Brunswick on Monday have been cancelled by the province’s Energy and Utilities Board.In a decision released Friday afternoon the Board found that a decision made by Premier Susan Holt’s government to eliminate refinery environmental charges from fuel prices starting next week threatened significant damage to both petroleum wholesalers and retailers. The charges to be cancelled, known as a “carbon cost adjuster” allow refineries and fuel importers to pass the cost of tightening federal environmental rules on through to consumers.New Brunswick Energy and Utilities Board chair Christopher Stewart delivered a decision Friday that effectively cancels province-wide fuel price cuts of up to 10 cents per litre scheduled for Dec. 1. (Robert Jones/CBC)In its ruling the board ordered the implementation of a new fuel charge equal to the charge being cancelled. The two will change places simultaneously at one minute past midnight on Dec. 1.”The arithmetic result of removing the current value of the carbon cost adjuster … demonstrates a deleterious impact on the wholesalers and retailers,” said board chair Christopher Stewart in the oral decision.ABOUT THE AUTHORRobert Jones has been a reporter and producer with CBC New Brunswick since 1990. His investigative reports on petroleum pricing in New Brunswick won several regional and national awards and led to the adoption of price regulation in 2006.
New Brunswick energy regulator cancels Holt government fuel price cuts
