Posted on 11/02/2017 9:18:35 AM PDT by Oldeconomybuyer
A new United Nations report says the Trudeau government is so far behind meeting the greenhouse gas reduction targets it agreed to in the Paris climate accord, it will likely have to buy billions of dollars worth of carbon offsets to meet its international commitments.
The problem, as even the report concedes, is that global carbon offset markets are riddled with fraud, meaning that buying them may not actually lower emissions.
The UN’s Emissions Gap Report 2017, identifies Canada as one of several countries, “likely to require further action and/or to have to purchase offsets in order to meet their pledges according to government and independent estimates.”
It says Canada is poised to miss both its 2020 and 2030 Paris targets, agreed to by Prime Minister Justin Trudeau in 2015, “by a wide margin.”
The cost to taxpayers if Trudeau buys carbon offsets to meet his Paris commitments isn’t yet known.
But when the Harper government pulled Canada out of the Kyoto accord — the forerunner to the Paris agreement — in 2011, then environment minister Peter Kent said it would have cost Canadians $14 billion to meet the Kyoto commitment agreed to by former PM Jean Chretien.
Anyone who can add knows there’s no way Trudeau can meet his Paris targets solely by cutting emissions and without buying carbon offsets.
(Excerpt) Read more at torontosun.com ...
Canadians must love it because they voted for him.
> it will likely have to buy billions of dollars worth of carbon offsets <
What a great scam! Buying and selling completely made-up things. If Charles Ponzi were alive today, he’d be kicking himself for not thinking this one up first.
Canadians do seem to love socialism. And as far the cost is concerned, Trudeau doesn’t care, because its in service to his religion.
That’s funny stuff. Paying big bucks for units of carbon. Somebody is laughing all the way to the bank.
Hey Canada, let me introduce you to your new best commie debt friends, CA and IL.
It says Canada is poised to miss both its 2020 and 2030 ..
Typical Liberal make promises today so others with no voice has to pay for them.
Prediction... Nations will pull out of this fake agreement when it becomes clear they not the United States will have to pay.
When Trump pulled out of that particular Obamadeal, a whole lot of pork went swirling down the drain.
"Keep those billions rolling in, Justin, and soon you'll be at the Diamond Level."
In the Middle Ages they called them indulgences.
You mean just like ‘Murcans voted that Kenyan fellow in twice?
I wish President Trump would send him a bill for the Trillions in defense Canada owes us for living in our attic thus ASSURING no one would EVER dare attack them.
The phrase “carbon offsets” makes me want to beat the stupid out of someone....
Yurp.
Climatescientology.
The Left has a “way with words”. One needs a Newspeak Dictionary to keep up.
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