Friday, December 18, 2009

Tax Breaks for Tar Sands

Harper said that Cap-and-trade is an efficient way to lower our emissions. However, if this legislation alongside the U.S. is passed, the Conservatives want to exempt the tar sands from the tax as they are a "trade sensitive" industry. Also, CBC obtained some documents from the government. On those documents was written that the oil and gas industry would not have to cut emissions as much as the Harper's plan said it would. Instead, these documents suggested that the Conservatives were going to abandon our already weak target and bring in an even weaker one.
The Conservative government has considered abandoning some of the greenhouse gas reduction goals set out in its 2007 green plan and allowing weaker targets for the oil and gas sector, documents obtained by CBC News suggest.
The proposal raises questions about how the Tories could cut overall greenhouse gas emissions by 20 per cent by 2020 — a target they insist they can reach — while weakening the targets in the oil and gas sector.

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