National Post (National Edition)
ONTARIANS WILL SOON PAY FOR “CREDITS” THE GOVERNMENT CONJURED UP OUT OF THIN AIR.
changes except you lost some money and now there is a mark in a ledger that others don’t even recognize.
It isn’t recognized because this kind of transaction is not eligible to be considered a carbon offset in Europe. But because Ontario has hooked itself into California’s Western Climate Initiative, existing forests a star, is that it doesn’t work. Maybe it gives you a warm fuzzy feeling, but the fact is that cap and trade will not achieve anything for the global climate. Canada contributes just 1.65 per cent of global greenhouse gas emissions, with only a tiny portion of that coming from Ontario.
The buying and selling of carbon credits will make no real difference. In fact, shutting down the entire Ontario economy would make no measurable difference to global climate change.
But despite not achieving anything for the climate, cap and trade will make things in the province more expensive.
Whether it’s a home heating bill, a gasoline bill, or the cost of groceries that need to be transported to a local store.
Those costs will not be borne by the industries that the government is forcing to buy these products. The costs will be borne instead by Ontario families.
Life in Ontario under this scheme will become increasingly expensive. Tonight make a wish on a star — named, owned or not — that something happens to stop this newest government plan.