The Peterborough Examiner

Greens, NDP compare cap and trade scrap to cancelling gas plants

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TORONTO — Ontario’s New Democrats and Greens are comparing Doug Ford’s plan to scrap the province’s cap-and-trade system to the outgoing Liberals’ decision to cancel the constructi­on of two gas plants several years ago.

The parties say both decisions involve ripping up contracts, and warn that changing course on the gas plants came at a steep price for the province.

In a news conference Thursday, Green party leader Mike Schreiner — who won a seat in legislatur­e in this month’s election — said Ford’s rush to pull out of the cap-and-trade system could stick taxpayers with the tab for billions in legal fees, penalties and other costs.

“Your actions are bearing the hallmark of the gas plant scandal, when decisions were pushed through by ideology and ego rather than logic and evidence,” he said.

Schreiner’s warning comes days after the NDP issued a similar caution, saying the province could be on the hook to reimburse companies who have bought close to $3 billion in emissions credits, as well as any costs involved in tearing up the agreements Ontario has signed on carbon pricing with Quebec and California.

The NDP has also asked the province’s financial accountabi­lity officer to assess the cost of scrapping the program before the government makes its decision.

The PC leader Doug Ford, who officially takes power on Friday, has said dismantlin­g cap-andtrade would be his first move once the legislatur­e resumes.

The PCs were critical of the Liberals’ choice to halt gas plants in Oakville and Mississaug­a before the 2011 election — costing the province about $1 billion.

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