Avoids cap-and-trade cost questions with apocalyptic environmental rhetoric
Ontario Premier Kathleen Wynne doesn’t seem to understand that her cap-and-trade carbon pricing scheme isn’t an environmental policy but an economic one.
That’s suggested by the fact her government was blindsided by the recent collapse of the carbon trading market in Quebec and California — the two jurisdictions Wynne is partnering with in cap-and-trade, starting Jan. 1.
Last month, Quebec and California auctioned off carbon credits to major industrial greenhouse gas emitters, anticipating a total of C$200 million in new revenue for Quebec and US$500 million for California.
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Wynne resorting to emotional blackmail | Goldstein | Ontario | News | Toronto Su
Ontario Premier Kathleen Wynne doesn’t seem to understand that her cap-and-trade carbon pricing scheme isn’t an environmental policy but an economic one.
That’s suggested by the fact her government was blindsided by the recent collapse of the carbon trading market in Quebec and California — the two jurisdictions Wynne is partnering with in cap-and-trade, starting Jan. 1.
Last month, Quebec and California auctioned off carbon credits to major industrial greenhouse gas emitters, anticipating a total of C$200 million in new revenue for Quebec and US$500 million for California.
mo
Wynne resorting to emotional blackmail | Goldstein | Ontario | News | Toronto Su