Our taxes have to pay for Walls carbon projects.thus a province made carbon tax
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Sask Does No Carbon Tax/ Creates own Idea.
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http://www.saskatchewan.ca/government/news-and-media/2017/december/04/climate-change-strategy
"The climate change strategy includes developing and implementing sector-specific output-based performance standards on large emitting facilities, such as those in oil and gas, and mining. These standards will be developed in consultation with industry throughout 2018 and will recognize actions already taken by industry to reduce emissions.
Flexible compliance options for industry will be developed that will include:
Making improvements at facilities to reduce emissions intensity;
Purchasing a carbon offset, representing a reduction in GHG emissions;
Using best performance credits;
Utilizing a market mechanism outlined in the Paris Accord, such as an internationally transferred mitigation outcome; and
Paying into a technology fund.
The offset system will create additional value for actions that result in carbon sequestration or reduced emissions, especially from agricultural soils, wetlands and forests. While agricultural producers will not be covered under any standard, they will benefit from being eligible to participate in the new offset program."
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Saskatchewan is not going to implement an economy wide carbon tax but the above mentioned transfers of carbon credits All require putting a price on carbon emissions for heavy industry. Otherwise how can you use the following mechanisms?
"Purchasing a carbon offset, representing a reduction in GHG emissions;
"Using best performance credits;"Utilizing a market mechanism outlined in the Paris Accord, such as an internationally transferred mitigation outcome;
Paying into a technology fund.
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Exactly we already are broke partly due to rhe sequestration flop.
why would you sequester something you don't believe is harming the environment in the first place? Wacko!!
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Originally posted by the big wheel View PostExactly we already are broke partly due to rhe sequestration flop.
why would you sequester something you don't believe is harming the environment in the first place? Wacko!!
Or have someone steal it who has access to it and sell it for gain?
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