Originally posted by Rareearth
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If we don't get some interest rates soon, most of you old buggers are gonna get a fence post over the head when we can't get anymore work out of you. Be damned if ma and pa are moving in with the kids. You guys voted for this socialist utopia of pensions and govt nursing homes. Pensions need 8% return. Better not sell the dirt, if BOC goes negative rates they'll slowly be stealing everything you worked all your life for. Deflation is a sob.
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Some days I'm embarrassed to be associated with Agriville. The foul mouthed, ignorant, offensive comments on this thread are a prime example. Regardless of your views or opinions on the subject is this really the best you can do? Might be better for farmer's image if this post got deleted.
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In Alberta we are going to take the proceeds from the carbon tax to subsidize the rates payed to developers of green energy to make their developements profitable.
In BC where a carbon tax was implemented in 2008 there was initial success lowering C02 emissions. Since 2012 C02 emissions have resumed their increase. Christy Clark with an election coming in 2017 has refused to raise the tax but is bringing in new regulations. Just in the last week a Simon Fraser University Professor specializing in carbon tax implementation stated that to meet our Paris climate agreement obligations we would need a 200 per tonne carbon tax by 2030. How does that sound?
In Alberta we will spend 11 billion more dollars than we recieve in government revenue. Everyone on the left wants Alberta's resources left in the ground but they offer no solution on how we will generate 11 billion more dollars in revenue. If you include capital spending our deficit will be over 14 billion. Absolute insanity. The left continues to promote more and more spending but no increase in revenue. The Alberta NDP want to build over 5000 mega watts of green energy generation. Great for China, the U.S., and Europe where the solar panels and windmills are manufactured.
As for the carbon tax, the reason for this thread, the unfortunate reality is I have yet to see a jurisdiction where it has effectively lowered C02 emissions. At 20-30 dollars per tonne it is nothing but a feel good tax grab that makes people believe politicians are doing something, in my opinion.
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Oh holy Grassfarmer.
This whole shit show we are going to get is thanks to a idiot who for the most part most of Eastern Canada Voted for.
The first Idiot was his father who tried the same shit calling it a energy program but it was to get money out of the west for East.
Now again we have the offspring doing the same.
People are sick of the Bullshit.
Its all about the money follow it.
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Also Holy Grassfarmer No reduction has happened in CO2 with all these programs they go back up.
If the USA and China and elsewhere don't do anything we are actually killing our own country.
What a great leader and leadership we have.
Green maybe the Riders colour and its their game but this CO2 thing is just plain Bull.
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I agree saskfarmer that freeride Wally is blowing so much money on this bullshit.
But what do you expect when being an alcoholic is a pre requisite to be in the sask reform party.
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From Bloomberg New Energy Finance. Here is the reason that renewable sources of energy will
"Wind and solar costs drop. These two technologies become the cheapest ways of producing electricity in many countries during the 2020s and in most of the world in the 2030s. Onshore wind costs fall by 41% and solar PV costs fall by 60% by 2040."
Also on the oil side Toyota has said it will be emission free by 2050 with its production and its' vehicles using hydrogen fuel cells. If this happens then oil becomes much less important.
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Some estimates are that solar PV will fall to 4 cents per kwh in some areas of the world in the next decades. Farmers pay 11.2 cents per kwh in Saskatchewan at this point and it will be going up 10% in the next year.
Carbon capture and storage does not make sense and will end up being paid for by sask power customers and taxpayers.
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Chuck2 how often do future projections come true? How long ago was everybody saying we had reached peak oil and were running out. Now we are awash in oil. It is nice and fuzzy to predict how cheap renewables will become, I prefer to live in the real world and look at what they actually cost. Ontario the primary example. Energy costs increasing every year, subsidizing energy rates payed to producers to make projects viable. Take off your rose coloured glasses and see what is really happening.
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