Michael Ignatieff’s irresponsible election promise would be a financial disaster for Canada
By LORRIE GOLDSTEIN
Michael Ignatieff’s 2011 election Red Book promise to create a cap-and-trade market in carbon dioxide emissions, completes a triple play of stupidity on energy and environmental policy by the Liberals going back almost 20 years.
It started with Jean Chretien’s reckless promise in his 1993 Liberal Red Book to cut Canada’s emissions to 20% below 1988 levels by 2005.
That economy-killing idea was a steal of the same promise made in the 1988 election by the then-Progressive Conservative government, which also did nothing to implement it.
Chretien did worse than nothing by signing the Kyoto accord in 1998 and ratifying it in 2002, bringing it into effect.
Kyoto called for Canada to achieve a more modest but still totally unrealistic target of reducing our emissions by an average of 6% below 1990 levels between 2008 and 2012.
Chretien and his successor, Paul Martin, did nothing with that commitment until the Liberals lost power in 2006, at which time Canada was 30% above its Kyoto target and incapable of achieving it by 2012. (Toronto Sun)
REGINA – It took just a week for Saskatchewan Premier Brad Wall to ditch his plans to stay out of the federal election campaign.
With the release of the Liberal platform on the weekend, Wall took to Twitter to raise concerns about the party’s promise of a cap and trade system to cut greenhouse gas emissions and said he hoped it was not “green shift 2.” (The StarPhoenix)
Iggy’s plan a plot to plunder Alberta: Stelmach
By MICHAEL WOOD, QMI Agency
CALGARY – Liberal campaign promises to reduce carbon emissions are more a plot to plunder Alberta’s riches than they are greenhouse gas-cutting measures, Premier Ed Stelmach’s office charged Monday.
Liberal boss Michael Ignatieff’s proposed cap-and-trade scheme to reduce carbon emissions is sending shivers up the spines of economists, as well as Alberta politicians of assorted stripes decrying it as a cash grab.
“Believe me, it’s as much about money as it is about managing carbon,” said Cam Hantiuk, a spokesman with the premier’s office.
“The way we look at it, there is one equalization program in Canada and using cap-and-trade as an additional mechanism just doesn’t wash with us,” Hantiuk said, referring to the billions transferred in annual equalization payments to other provinces. (Toronto Sun)