Earlier today, Premier Kathleen Wynne and the province's environment minister Glen Murray announced that Ontario is implementing a cap-and-trade system.
Cap and trade is basically a system where a government sets a “cap” on how much C02 businesses can emit.
Those who go above that limit need to "trade" with other companies who don’t go above that limit.
There’s another component to cap-and-trade, which is that government can sell what are called carbon permits to major emitters.
So basically, this is where industries say, "Okay, we can’t keep to our cap, so we’ll just dish out more cash to the government, and then pass the price down to consumers."
In other words, cap-and-trade is nothing more than a clever hidden way of taxation.
The end result is that the cost of living goes up.
Among other things, this plan will have a disproportionate impact on lower and middle-income families, because statistically, they spend a larger percentage of their income on things like electricity and heating.
A billionaire spending $120 to fill up his tank? That’s pocket change to him.
But to a family living off $1000 per week, $120 is real money.
Have your say: Tell us what you think of Wynne's cap-and-trade scheme in the comments!
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What I think happened – and I speculate – is that someone wrote an article talking about how world class Toronto is. Well, that set the Toronto-centric media into a frenzy as they gloated amongst themselves on being considered world class. This euphoria usually last about 3-4 days.
During that time nothing else matters. Bombs could go off, your wrist watch catches fire, you find ISIS in your underwear – nothing else matters. Somebody thinks they’re a world class city. Luckily this doesn’t happen in real world class cities like Montreal, Vancouver or Calgary.
Therefore this is the best time to make these types of announcements and it gets reported as a wire piece.
The first step was to get the program out of the sight of the politicians by burying it in the bureaucracy from whence it will be implemented via regulations. The next step was to start raising hydro rates and the pretext of striving for “green energy” – Hydro and nuclear are not to be considered green. Sounds familiar?
You will also see that this province is totally committed to spying on you. This too is part of Agenda 21\s control over your life. There was no technological reason for smart meters since Hydro could easily have gotten the same information by duplexing over the hydro lines like the internet does over the cable or phone lines and polling the meters at set hours. Also, since the meters were not calibrated before installation (as evidenced by the large spread in charges for similar size residences) tells us that they need them to collect more than electrical time of day usage. Add to that the need to collect info on where you are and your travel habits via PRESTO cards.
All of this is Agenda 21 and nobody will talk about it..
OMG
If Ontario was literally SHUT DOWN – I mean, EVERYTHING, cars, furnaces, power plants, factories – ZERO energy use, China would make up for that within 2 days. TWO DAYS.
Think about that for a moment, folks.
Already, we have had two schemes that (I believe) were not identified before the election that have been brought in WITHOUT A REFERENDUM…First, the re-introduced curriculum that they knew was despised before, and more so now, by an ever-growing number of elementary school parents,as they begin to understand it, and whose resolve has been ridiculed, despised and misrepresented. Second, the new Carbon Tax (which is unlimited in its scope at the moment-but which they will raise to pay off the debt-skyscraper they have erected over the past few years on the backs of the LIBERAL PARTY’S SO-CALLED, BELOVED, middle class. Will there even be a middle class when the Liberals are through with us?
Which makes them complicit in the pyramid scheme, or just plain brain dead stupid. The tend to lean to the latter.
There is no longer a need to wonder about cause of inflation in this stagnating province.
Here on PEI it is one of the characteristics of local culture that when you talk about the weather ….no matter what the weather might be…it just isn’t good for the potatoes. And the closer you are to the potato farming crowd, the more often you will notice this…. now that I have mentioned it. With the exception of Idaho… PEI exports more potatoes every year than ANYWHERE…the volume of potato exports boggles the mind….yet the weather is never as favourable as the growers would like it……:-)
Now I am not complaining or trying to be critical…I have the best neighbours on the planet and I would stand this red ground defending them till it turned redder with my blood.
But there is a provincial election a matter of days away and the incumbent Liberal government has done what pretty much all others like and similar have done which is overspend trying to be all things to all potential voters.
From where I live a rumour will reach Charlottetown faster than I ever could without risking a speeding ticket…so I am going to work on a strategy to undermine advancement of any such policy here by working it into the narrative that a cap and trade tax will be good for the potatoes…..
I can just see it now….. that change in expression on people’s faces when their gullibility/bullshit filter switch kicks in……:-)
Marissa, don’t really understand how Twitter works, but it’s time somebody started a campaign in this province titled, hashtag #What about the grandchildren? The conservatives need a rallying cry? That’s the one……..WHAT ABOUT THE GRANDCHILDREN? Who’s going to be stuck with this monumental mess? My, as of now, 5 grandchildren, that’s who.