Posted on 05/01/2007 9:11:55 AM PDT by SunkenCiv
The Conservative government has signalled that it won't let its climate change plan derail aggressive oil sands expansion, exempting new projects from greenhouse gas emission targets until they are up and running. Under regulations announced Thursday by Environment Minister John Baird, large industrial emitters will have to reduce their emissions per unit of production at existing facilities by 18 per cent in the first three years, and then a further 2 per cent per year. However, companies that can't meet those so-called intensity targets will be able to purchase credits from more efficient ones or contribute to a technology fund, at an initial cost of $15 a tonne, rising to $20 in 2013... Mr. Baird has claimed that Canada would lose 270,000 jobs if the country moved to meet its commitments under the Kyoto Protocol to reduce emissions to 6 per cent below 1990 levels by 2012.
(Excerpt) Read more at theglobeandmail.com ...
Alta. premier warns against penalizing oil sands
CTV.ca | Mon. Feb. 5 2007 | Canadian Press
Posted on 02/06/2007 9:54:06 AM EST by thackney
http://www.freerepublic.com/focus/f-news/1780046/posts
After they stop climate change what are the going to stop next? Continental Drift?
With over $100 Billion in Alberta Oilsands new projects, they are not completely stupid.
Inventory of Major Alberta Projects
http://www.alberta-canada.com/statpub/albertaConstructionProjects/mpindex.cfm
Select “Oilsands” in the pickbox and click “submit” for a list.
So...the “Conservative” Canadian government has discarded international carbon credit trading for domestic trading.
Which must mean Canadian Conservatives aren’t juiced with foreign scams, just domestice ones.
Rove/Norquist must be salivating at the opportunity to impose such a scheme here in the USA. They’d be set for life with “consulting” fees.
They’ll have to, if they don’t want to see San Francisco slide into the Pacific Ocean.
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