Stupid idea #3 from the Stelmach government
Carbon Intensity caps and penalties
OK - this story is three months old - but I've been busy.
The problem with this is that they gave companies 9 MONTHS to meet the commitment. Impossible considering it would take at least that long to do the engineering, let alone buy eqiupment and construct anything to abate CO2 emissions. Since industry's only alternative is to pay the carbon tax, they will pay. This is a government tax grab designed to look like "greenness". Of course, coupled with the federal plans, the truth is that none of the penalties are high enough to force investment. All they will do is push investment out of Canada. See my explanation from a few months ago when the federal Liberals proposed a similar system.
OK - this story is three months old - but I've been busy.
The problem with this is that they gave companies 9 MONTHS to meet the commitment. Impossible considering it would take at least that long to do the engineering, let alone buy eqiupment and construct anything to abate CO2 emissions. Since industry's only alternative is to pay the carbon tax, they will pay. This is a government tax grab designed to look like "greenness". Of course, coupled with the federal plans, the truth is that none of the penalties are high enough to force investment. All they will do is push investment out of Canada. See my explanation from a few months ago when the federal Liberals proposed a similar system.
posted by Technical Bard | 18:12
1 Comments:
I see that the NDP as taken ver the Alberta Conservatives. It was great strategy at the leadership convention, two left wing candidates, one masquerading as a moderate. The left will d anything to get power.
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