Friday, July 18, 2008

Ontario to join Western Climate Initiative

Ontario to sign cap-and-trade climate plan

QUEBEC CITY - Ontario will join a transcontinental environmental network devoted to fighting climate change as early as today, increasing pressure on Alberta and Saskatchewan to ramp up their efforts to reduce greenhouse gas emissions...

"It would mean that four provinces representing 75 per cent of Canadians are all part of the same system that sets hard caps for industry," said Dale Marshall, a spokesman for the David Suzuki Foundation. "It would be another nail in the coffin of the weak, intensity-based federal proposal...."

Mr. McGuinty and others believe the system will eventually become the norm. He cast aspersions on Alberta's plan to invest $2 billion in carbon capture and storage (CCS), a process that stores carbon emissions by injecting them into deep geological formations.
Reaction from the federal NDP has been positive.
The New Democratic Party of Canada commends today’s announcement by the Government of Ontario to follow the NDP’s lead on a Canada-wide cap and trade system by joining the Western Climate Initiative.

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