For my American readers 4.3 centiliters = about 16 cents per US gallon
'The cost of doing nothing is much, much higher than the cost of going forward,' premier says
The question is, how much higher? Kathleen Wynne's statement is straight bulls--t! She certainly has no idea what the cost of doing nothing is. If she did know, she would realize that she is wasting billions of dollars for absolutely no return. And it's not her money she's throwing away, it's the people of Ontario's money she's burning.
See below for quick and dirty Climate Change Summary
The Canadian Press
|Details of Ontario government's cap-and-trade plan are coming in Thursday's budget. (Darryl Dyck/Canadian Press)|
Gas prices in Ontario will rise about 4.3 cents a litre and residential natural gas bills will go up about $5 a month under the Liberal government's cap-and-trade plan.
"The cost of doing nothing is much, much higher than the cost of going forward and reducing greenhouse gas emissions," she said.
However, revenue from the cap-and-trade auction set for next year will be used to "protect" consumers from an electricity rate hike and could even lead to rates going down, Wynne said.
It is scheduled to take effect in January and the government expects to raise about $1.3 billion in its first full year of operation, money that will be devoted to lowering greenhouse gas emissions.
Finance Minister Charles Sousa denied Wednesday that cap-and-trade revenue would be used to lower the $7.5-billion deficit, which the Liberals have promised to eliminate by 2017-18.
"It is not about reducing the deficit, it's about reinvesting to ensure that we meet the targets through the Western Climate Initiative," he said.
Sure. I believe that. I have a tropical island in Labrador for sale, too.
However, the revenues still have to show up on the government's balance sheet.
- Global warming is a real phenomena - the planet is warming.
- It has almost nothing to do with mankind.
- Man is responsible for only 3-4% of the CO2 that enters the atmosphere
- 96-97% is naturally formed and released from plants, the oceans, and from the ground
- Canada emits about 565 megatons of anthropogenic CO2 emissions per year
- Global anthropogenic emissions = 36.9 billion tons. Canada's contribution = 2%
- Canada's contribution to global total CO2 emissions = 0.07%
- A reduction of 33% of Canada's CO2 emissions amounts to 0.023% of total global emissions
- A reduction of 0.023% of the total CO2 emissions will not produce any measurable reduction in the global temperature
Conclusion - there is no benefit whatsoever in Ontario, or Canada spending billions of dollars on this great quasi-scientific hoax
- The global temperature has risen on 0.5 degrees C since 1880.
- Climatological patterns indicate little or no global temperature rise until after about 2030
- They also indicate about 0.5-0.75 degree temperature rise in the 21st century
- In 1990 the IPCC predicted a 1.0 deg rise in temperature by 2025; to date it has risen 0.2 deg
- For the IPCC prediction to come true the temperature would have to rise 0.8 deg in the next 9 years, more than the rise in the last 135 years
- Currently, but for El Nino, the temperature has shown very little inclination to rise in past
decade or more.
- one good sized volcano could eliminate the effects of several years of global emissions reductions
- Professor Murry Salby has shown that temperature increases follow CO2 increases, historically by about 800 years
- Most scientific research supports anthropogenic global warming because those with an open
mind on the subject are frozen out of research funds
Carbon dioxide (CO2) emissions from fossil fuels and industry increased by 0.6% in 2014, with a total of 9.8±0.5 GtC (billion tonnes of carbon) (35.9 GtCO2) emitted to the atmosphere, 60% above 1990 emissions (the Kyoto Protocol reference year). Emissions are projected to decline by -0.6% in 2015 (range -1.6% to +0.5%).