In the battle to tame Canada's greenhouse emissions, B.C.'s Gordon Campbell is the undisputed heavyweight ...Read the full article
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dubaidubai newyork from New York, United States writes: Its not clear if its hubris, stupidity, or the result of excessive consumption of BC's largest cash crop -- but being a vanguard on a carbon tax (as opposed to cap and trade) is nothing to beat your drum about.
For starters, its going in the opposite direction of the rest of the world -- Europe has a cap and trade system already; all 3 US presidential candidates favour cap and trade; Japan is seriously studying it; and Australia and NZ plan to launch systems in the next few years.
Climate change is a global problem requiring a globally integrated solution. Its going to be tough for BC to integrate with the global community if its doing something different.
Moreover, let's remember -- the atmoshere only cares about emission levels -- it does not care about the price of those emissions. Cap and trade, by capping emissions, provides assurance of meeting a certain emissions level -- A carbon tax does not.
Its unfortunate that BC could not take its cues from what the rest of the world is doing and what mother needs rather than resorting to the theoretical advice of a pigouvian academic in burnaby's ivory tower.- Posted 25/04/08 at 1:31 PM EDT | Alert an Editor | Link to Comment
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aldyen donnelly from Canada writes: I am beginning to wonder if anyone in the media has time to read. BC's budget documents are very detailed. Every revenue forecast is backed up by published assumptions about consumption, prices, price inflation, etc. Premier Campell's budget clearly forecasts--in black and white, on the page--that British Columbians' fossil fuel consumption will increase over the next three years at a 3-year rolling average rate that is unprecedented since 1990. Obviously, if our fossil fuel consumption is going to skyrocket, so will our GHG emissions. If our fossil fuel consumption does not skyrocket, the official budget does not balance. How does this get to be a green budget?
- Posted 25/04/08 at 4:14 PM EDT | Alert an Editor | Link to Comment
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