Canada may be out of the Kyoto Protocol, but Quebec is Proceeding with their own Cap-and Trade

Posted by PITHOCRATES - December 17th, 2011

Week in Review

Quebec is perhaps the most European of the Canadian provinces.  They don’t even speak English there.  Their road signs and billboards are all in French.  People talk to each other in French.  No.  When you’re in Quebec you don’t feel like you’re in Canada.  You feel like you’re in France.  So it’s no surprise that even though Canada pulled out of the Kyoto protocol that Quebec would still be all in for this global warming nonsense.  Because it’s so European (see Quebec goes it alone with cap-and-trade climate plan by Philippe Teisceira-Lessard posted 12/15/2011 on The Globe and Mail).

With global climate-change talks in limbo, Quebec is the first province to push ahead with its own cap-and-trade program.

The province says it’s emulating California as it becomes the first Canadian province to start enforcing cap-and-trade regulations for carbon emissions…

The new provincial program applies to large industrial emitters and will require them to reduce their carbon footprint or buy clean-air credits at $10 per tonne of greenhouse gases.

It is being run in conjunction with the Western Climate Initiative, whose stated objective is to reduce emissions 15 per cent below 2005 levels by 2020. Quebec’s own target is significantly stricter, with a planned 20 per cent reduction from 1990 levels by the end of this decade.

And this gives a little hint why they are all in for this global warming nonsense.  Their stricter requirements will not only punish businesses by making them less competitive, but it will be a windfall for government coffers.  For Quebec is European in more ways than one.  They, like their European brethren, have a costly and generous public sector.  Like all those social democracies of Europe causing that sovereign debt crisis over there.  So they can use this clean-air money to shore up some budget deficits.  Before they, too, have to start living within their means.

The global warming agenda is no different in Canada than it is in Europe.  It’s about the money.  Just another way for governments spending beyond their means to transfer more wealth from the private sector to the public sector.  Apparently the other provinces have made the hard choices and got their budgets in order.  Which is probably why Quebec is going down this road alone.  They refuse to make the hard choices.  So they make the easy one instead.   By raising taxes.  And over-regulating business.  Which, of course, will only hurt these businesses.  Reduce economic activity.  And bring in less tax revenue into government coffers.  Making cap-and-trade a lose-lose proposition for Quebeckers.  As it is for people everywhere betrayed by their governments in the name of global warming.


Tags: , , , , , , , , , , ,

Comments are closed.

Blog Home