Cap & Trade

[westernvicki]

http://www.torontosun.com/2017/04/03/provinces-first-cap-and-trade-auction-sells-all-current-allowances

Can someone explain how this works, and where and how carbon credits would fit in if indeed they were to be employed.

[ajl]

Here in AB this scam has been running for some time already. Farmers have sold carbon credits off of zero till land to large emitters such as Trans Alta or Enmax for just about a decade now. These just pass the costs along to consumers who pay more for power. The cost is buried in one of those riders tacked on the power bill.

[burnt]

Our MPP recently spoke to a group of us at a meeting and said that all the sale proceeds are being transferred out of province (Ontario) for 3 more years. There is no mechanism in place to redistribute it here, for reasons I did not understand.

The recipient?

California. A direct, multi-billion dollar drain on our economy. But what the heck, we're saving the Planet!

Hmmmm...

[westernvicki]

So what is the reason that zero till farmers cannot get carbon credits, from this environmentally friendly regime. Surely rewarding those who have practiced sustainable practices for many years built up carbon reserves deserve credit. And indeed the returns would help offset the increased costs.

[SASKFARMER3]

Welcome to the Wonderful world of the NDP. We had them for years in Saskatchewan. IF it would help the farmer hell no. If the farmer paid Hell yes. All is good.

[westernvicki]

In whose jurisdiction are carbon credits for farmers. Who makes the frame work: each individual province or the Federal government. Where do producers, conservation land and pasture owners fit?
How do we define and influence the process? Are we leaving it to others to define? How is it, where is the process... if their is a Cap & Trade, we should have something to trade? Shouldn't we?

[Hamloc]

If I understand the concept Ontario will set different emission caps for each industry. If your company in that industry cannot meet those targets or doesn't want to spend the money on new equipment to lower your emissions you purchase an emission credit at these auctions that is created by someone else lowering their emissions below the norm. The funny part about this is Ontario sends its money to California as an example for this mythical credit but it doesn't lower Ontario's emissions. Or in Alberta I can sell a carbon credit for zero till which is what I am doing anyway but it doesn't lower any emissions because I am getting credited for what I do already. To say cap and trade is a scam and a waste of money is an understatement. Why not give tax incentives to companies for installing lower emitting equipment?

[westernvicki]

Saskfarmer3 the wonderful world of money will give and take from whom they can, those who have more powerful lobbies and influence win. So I guess the question is in our court, what are we doing?

[the big wheel]

Why don't you try to add some solutions saskpartyfarmer instead of always stating a paid political announcement for your great party that's done what for us farmers?
You never answer any questions you just keep going back decades complaining yes we all know the Ndp were terrible in case you didn't notice they got wiped out and deservedly so. But what is your almighty oil Barron doing for us farmers?

But I love it the more this government federal and provincial screw farmers the better for me. More land available. But maybe that's why you blindly support a government that's running us all into the dirt.

[SASKFARMER3]

Its easy Big Wheel Sask was the home of NDP we had it most of our lives and it got sask Shit all. Read history of Sask. Before the Great Depression sask was #2 and growing. We had factories. GMC etc. Then the shit hit the fan and a Mad Came to town the Great Tommy and well the rest is history for almost a century we were the place that people left. Well now Alberta has the same Shit hole group. Im just warning them that their great experiment was USELESS.

Carbon tax is useless.

We farmers have since the early 80s embraced no till on most farms. But the powers that be shit on us for all our work helping the environment. Oh i know why because the Greedy Liberals or NDP can't make any money giving people who actually did help the situation.

ITs a sham its a joke it will make Canada Broke.