Politics and Wild Assertions Are A Toxic Energy Mix

Dan Markind says “we need as a society to decide what our future energy mix will be, not by judicial fiat” or flinging wild assertions toxic to civil debate.

For the second time in two months, a lead energy story comes from Canada.

On Monday, newly elected Ontario Premier (Governor) Doug Ford announced that he immediately would dismantle Ontario’s carbon cap and trade system. Mr. Ford gave no specifics, but his announcement put $2.9B (Canadian) in carbon tradable allowances in limbo. Already California, which was integrating its system with Ontario’s, announced it would no longer accept or trade Ontario carbon credits. Quebec stopped as well.

Cap and trade is an attempt to find a quasi-free market solution to environmental externalities. There are many variations of these systems, but in Ontario companies that emit at least 250,000 tons of greenhouse gasses per year have to purchase an equal amount of “allowances.” The allowances were made available at quarterly auctions and could be purchased on the free market, hence the integration with California and Quebec.

Read more:

http://naturalgasnow.org/politics-wild-assertions-toxic-energy-mix/

Views: 5

Comment

You need to be a member of GoMarcellusShale.com to add comments!

Join GoMarcellusShale.com

Local Groups

Latest Activity

Blog Posts

Those French Fuel Riots and the “Great Wall of Cuomo”

Posted by Thomas J Shepstone on December 3, 2018 at 10:33am 0 Comments

The French fuel riots demonstrate what can happen when ordinary people are denied the basic necessities of life by “let them eat cake” elitists with agendas.

The French Revolution is hardly a thing to be admired,…

Continue

© 2018   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service