| Watching the Ontario government forge ahead with its plan to impose cap-and-trade carbon pricing is like watching the Titanic just before it hit the iceberg. Judging from the comments of Climate Change Minister Glen Murray, the Liberals are poised to commit every mistake the Europeans did when setting up their disaster-prone cap-and-trade system, the Emissions Trading Scheme (ETS), in 2005.
The result will be higher consumer prices in Ontario on, well, almost everything, with no significant reduction in greenhouse gas emissions linked to climate change, that cap-and-trade is supposed to achieve...............................................Full Article: Source |