Author Topic: Doug Ford is officially ending Ontario's cap-and-trade plan, but what's next?  (Read 362 times)

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Doug Ford is officially ending Ontario's cap-and-trade plan, but what's next?

Move opens door to federal government implementing its own carbon tax in Ontario
John Rieti · CBC News · Posted: Jul 03, 2018 1:02 PM ET | Last Updated: July 3
Ontario Premier Doug Ford on Tuesday announced formal plans to end the province's cap-and-trade program, saying the measure was nothing more than a government cash grab that didn't help the environment. (Tijana Martin/The Canadian Press)

Ontario Premier Doug Ford officially announced plans Tuesday to end the province's cap-and-trade program, drawing scorn from the federal government which may soon implement its own carbon tax in the province.

The PC Party won a majority government after campaigning on axing cap-and-trade, which forced large companies to buy allowances for their carbon emissions. Ford says in a new release that eliminating it will be the first step in lowering gas prices by 10 cents a litre and curbing other household costs.

https://www.iceagenow.info/cap-and-trade-nothing-more-than-a-cash-grab-says-ontario-premier/