The more I think about the new proposed carbon tax the more questions I have. First off, is it really a pst in disguise at 3 billion dollars of revenue probably about the same as a 3 or 4 % PST!
Then I was thinking why is industry so happy. Well the oil sands emitt 70 megatons of CO2, the cap has been put at 100 megatons, an increase of 43%. It looks to me like our coal fired electricity industry is being shut down so our oil industry can grow and the average Albertan has to pay for it. In my case my farm uses about 40000 liters of fuel per year in 2017 that will cost me 1880 dollars and in 2018 it will cost me 2840 dollars just on fuel. That is with a carbon price of $20 and $30 a ton respectively. By 2030 the carbon price is supposed to be $100 a ton imagine what it will cost then, has this occurred to no one??
Now let's look at electricity, Transalta is on side. Why is that they must be going to lose Monet shutting down coal plants before their time. Or are they happy because they know they will be able to raise power rates at will. 1 windmill produces 1.8 megawatts when the wind blows, to replace 1 800 megawatt generator will take over 440 windmills at over 2 million a piece. Then power line infrastructure has to be built to connect these to the grid. And you need natural gas generation for power when the wind doesn't blow. Billions and billions of dollars. Oh I forgot that carbon tax we are paying will subsidize all this plus higher electrical rates.
One other possibility is it income redistribution they are after? 60% of Albertans will be eligible for rebates so low income Albertans will get it all back. Premier Notley suggested low income earners could make money with rebates if they became more energy efficient! So let's all freeze in the dark and live off the rebates!!
The question is, is this a blueprint for the rest of Canada? What will JT do? All I know is in Alberta we are f# ked!!!
Then I was thinking why is industry so happy. Well the oil sands emitt 70 megatons of CO2, the cap has been put at 100 megatons, an increase of 43%. It looks to me like our coal fired electricity industry is being shut down so our oil industry can grow and the average Albertan has to pay for it. In my case my farm uses about 40000 liters of fuel per year in 2017 that will cost me 1880 dollars and in 2018 it will cost me 2840 dollars just on fuel. That is with a carbon price of $20 and $30 a ton respectively. By 2030 the carbon price is supposed to be $100 a ton imagine what it will cost then, has this occurred to no one??
Now let's look at electricity, Transalta is on side. Why is that they must be going to lose Monet shutting down coal plants before their time. Or are they happy because they know they will be able to raise power rates at will. 1 windmill produces 1.8 megawatts when the wind blows, to replace 1 800 megawatt generator will take over 440 windmills at over 2 million a piece. Then power line infrastructure has to be built to connect these to the grid. And you need natural gas generation for power when the wind doesn't blow. Billions and billions of dollars. Oh I forgot that carbon tax we are paying will subsidize all this plus higher electrical rates.
One other possibility is it income redistribution they are after? 60% of Albertans will be eligible for rebates so low income Albertans will get it all back. Premier Notley suggested low income earners could make money with rebates if they became more energy efficient! So let's all freeze in the dark and live off the rebates!!
The question is, is this a blueprint for the rest of Canada? What will JT do? All I know is in Alberta we are f# ked!!!
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