Why Is Canada Buying US Carbon Credits To Sell Energy?

[EagleSmack]

That is what it is... a back door tax or tarriff. The cost of doing business and trade will become more expensive in the guise of carbon credits.

"Oh it's not a tarriff...it is a carbon credit... you know...for the environment and all."

Canada shouldn't have to pay it OR just impose the same carbon credits on the US when we buy oil. Now THAT can generate A LOT of carbon credits...agreed?

The US knows it can't slap additional tarriffs on foreign goods or we'll get it rammed up our a--. We need to find another way out of this mess.

 

[Tonington]

I don't think there's any doubt that the intention is to make things more expensive...that's kind of the point. Right now, nobody is paying for the costs of that pollution; it's the same thing they did to reduce acid rain from sulphates.

Also, don't forget that Harper seems pretty keen to cozy up to Obama. He was the one selling the idea of a North American agreement before he even met with Obama. This is premature conjecture.

 

[captain morgan]

That is what it is... a back door tax or tarriff. The cost of doing business and trade will become more expensive in the guise of carbon credits.

"Oh it's not a tarriff...it is a carbon credit... you know...for the environment and all."

Canada shouldn't have to pay it OR just impose the same carbon credits on the US when we buy oil. Now THAT can generate A LOT of carbon credits...agreed?

You're preaching to the converted EagleSmack. What I think will happen is that costs will rise and consumption will fall, but not anywhere near the amount that the eco-fringe thinks.

The irony is that as the population finds that their cost of living has increased and they have fewer dollars in their pocket, you'll see a move by the masses to save money by supporting the cheapest and most inefficient tools to sustain their daily lives.

Up here in the frozen North (despite all the global warming that I've heard sooo much about), I can point to an increase in the sales of Franklin Stoves that people are relying upon to help heat their homes.... Nothing like burning cords of wood to help the environment and destroying forests of the CO2 absorbing trees to keep the place warm on a cold winter night.

 

[dumpthemonarchy]

We need premiers and the PM to tell the US to stuff their carbon tariff derivatives-style plan if they want our energy. For the life of me I can't see how these new conditions, doesn't materially affect NAFTA, because it seriously affects terms of trade.

Danny Williams of Newfoundland told Big Oil to stuff it and won, now the federal gov't has to do the same with Washington DC. This is not a Harper play though.

 

[EagleSmack]

Maybe they think that since it is CALLED a carbon credit and therefore a "good" thing it is ok.

 

[dumpthemonarchy]

Maybe they think that since it is CALLED a carbon credit and therefore a "good" thing it is ok.

Yeah right, we're still in the mindset that all "credit" is good. We need credit in the modern world, but we may have gone overboard lately. Carbon credits sound like NINJA loans sometimes.