How Much Would We We Taxed for Kyoto

scribblet · December 3, 2005

If the liberals should gain another government, how much would taxes have to go up to pay for Kyoto, and is anyone addressing this issue so far in the campaign, and how many more taxes can we handle.

The Liberals are gearing up to fork out your taxdollars, so what is their party plan to pay for Kyoto, it seems to have been swept under the rug with the upcoming election.

A United Nations conference on climate change in underway in Montreal. The purpose is to develop a roadmap to reduce carbon dioxide emissions (CO2) – more commonly known as greenhouse gases – when the Kyoto Protocol expires in 2012. Unfortunately, Canada’s election campaign is diverting media and public attention away from this global meeting, which concludes on Dec. 9.

Purchasing credits is no small issue, heck Ottawa allocated $12-billion to its climate plan and inn February, revealed they were considering spending $1.4-billion to buy credits abroad. Really, we said that would happen, and so it is.

southerncomfort · December 3, 2005

Did you all know Nancy Green's against Kyoto. but you make a good point, they are all offering tax cuts but no mention of how they will buy these credit or who'll pay for it.

speaker · December 3, 2005

I'm not sure about this but wouldn't it make sense that production of greenhouse gases would be the indicator of who should pay? If the fossil fuel industry is causing a percentage of the problem wouldn't their customers be required to pay that percentage? It always comes back to what we consume and what we are willing to pay for it. That sounds like the likely approach to me. To the extent that government is causing global warming, through federal subsidies of industry, through federally owned buildings, etc. taxes would have to go up but there is the alternative of government conerving fuel and requiring that it's subsidies go to conervation oriented businesses and individuals.

scribblet · December 4, 2005

I'm not sure about this but wouldn't it make sense that production of greenhouse gases would be the indicator of who should pay? If the fossil fuel industry is causing a percentage of the problem wouldn't their customers be required to pay that percentage? It always comes back to what we consume and what we are willing to pay for it. That sounds like the likely approach to me. To the extent that government is causing global warming, through federal subsidies of industry, through federally owned buildings, etc. taxes would have to go up but there is the alternative of government conerving fuel and requiring that it's subsidies go to conervation oriented businesses and individuals.

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Its not a bad idea, there's a lot can be done without implementing Kyoto. My big problem isn't with cutting back of pollution of any kind, its buying credits from other large polluters e.g. China.

Here's an article from the Wall Street Journal: http://online.wsj.com/article_email/SB1133...MjQwOTIzWj.html

Climate Change Fiction in Montreal Is Fact in Ottawa

By MARY ANASTASIA O'GRADY

December 2, 2005; Page A11

There was much to celebrate in Montreal on Monday as Canada kicked off a massive United Nations climate-change conference designed to resurrect the Kyoto protocol.

German guests reveled in balmy 30-something Montreal temperatures, while back home in the fatherland a massive snowfall broke records dating back to 1888. Quebeckers enjoyed the rare moment of weather schadenfreude too, as the American Midwest plunged into a deep freeze......