ON Issue #22 - Cap and Trade starts January 1.

[mosquito]

http://m.torontosun.com/2016/12/25/c...d-well-ontario

Cap-and-trade: This won’t end well, Ontario
The initial bad news is that even the Liberal government admits it’s going to cost the average Ontario household $156 more annually to start, while the government’s own figures suggest it will be closer to $400 per year.

Ontario auditor general Bonnie Lysyk, in her 2016 annual report, said the Liberals expect to make $8 billion from cap-and-trade from 2017 to 2020, in return for only a small reduction in industrial greenhouse gas emissions linked to climate change.

Most of that $8 billion will be paid by Ontario consumers in the form of higher prices for most goods and services, because most are created and transported using fossil fuel energy.

These price increases will be largely invisible to consumers, because they will have no way of knowing what portion of the price increase is based on cap-and-trade versus other factors.

The Liberals have rejected pleas from the Ontario Chamber of Commerce to delay cap-and-trade for a year until they’ve provided clearer details to both businesses and consumers about costs.



Another $8,000,000,000 out of Ontario taxpayers pockets!

[trimmer21]

Wait until the first gas bills hit homes in February with the cap and trade gas tax applied. Wynne is trying to bury the tax in delivery fees,but people will readily see the difference when they compare the last two months bills. It'll be SHTF time. That's the trouble with Liberals,they think everyone's stupid.

[mosquito]

http://www.theglobeandmail.com/opini...ticle33478285/
Ontario’s plan: destroy jobs, save the planet


Business people are astonished that such a half-baked scheme is actually going ahead.

Ontario’s Liberals are delusional. They actually believe that they can re-engineer industry and society and even the climate itself. Fortunately, the voters are catching on. Premier Kathleen Wynne’s approval rating stands at a miserable 14 or 15 per cent. Ontarians go to the polls next year. The Conservatives can win simply by sitting back and letting people open their hydro bills every month.





I am surprised there are 14 or 15% that are that stupid! Die hard ideologues I guess,

[trimmer21]

The part that makes me absolutely sick is that Canada's "carbon footprint" is microscopic compared to the worst polluters like China,India,USA. Our government should have seen that we're not even a blip on the carbon radar and side-stepped the entire "green energy" fiasco completely,but,nooooo,we have to bankrupt ourselves trying to show the big boys that we can play in the sand box,too. Stupid,stupid,stupid!

[JBen]

The part that makes me sick Trimmer is what the last 8 years of this that and the other has done to th have nots. Aka those people without good "high" paying jobs (above the averages), without job security, and without pensions. This is just the latest. Isnt it it funny how many are finally "seeing the light", now that for them, a few things are starting to sting a little......Try life in the real world...

Item #3.
http://m.torontosun.com/2016/12/31/c...de+catastrophe

And this is on top of Hydro.

Just got my propane tanks filled up yesterday. They were topped up last on Nov 17. So basically 6 weeks of use age.
$358. Hydro one and delivery charges for rural Ontarians?

Not sure if thats subject to this or not, But even "if" not, pound for pound these things are killing the average Johnny Q because it takes a higher percentage of their after tax income.

Makes me sick what Liberals i the GTA and PS have done to the "peons" and working/middle class

[Noseyarentcha]

[COLOR=#2D2B2B]3. Severe impact on low-income Ontarians
[COLOR=#2D2B2B]Cap and trade is essentially a hidden tax on consumption. Since lower income earners, including seniors on fixed incomes, spend a larger proportion of their income on necessities, such as heating their homes in winter, cap and trade will disproportionately impact them in terms of costs. This even though their carbon footprints are relatively small because they consume less, tend to live in apartments as opposed to single family homes, take public transit as opposed to owning cars and do not engage in fossil-fuel intensive activities such as taking foreign vacations.This alone, is a very sad state of affairs.

How does a person, on a a fixed income come up with the extra?

Especially the disabled and the seniors who are unable to take an extra job or work more hours?

[glen]

Tax on top of tax.
As a lie of saving the planet.

[fratri]

If they really wanted to try and lower pollution, ban products from polluting countries like China....

[Noseyarentcha]

If they really wanted to try and lower pollution, ban products from polluting countries like China....

I agree wholeheartedly.

[JBen]

They reach for credit cards and credit lines NAY.

I've "argued" this for years, whenever the topic of debt comes up and posters say "its peoples own fault for Jonesing". While that's certainly true for some ( likely the "upper" middle class and wealthy), for the average Johnny Q who currently

Loses more to taxation, than they spend on housing, food and clothing ( this is true for everyone that isn't rich, or poor). A greater percentage of their meagre after tax income is gobbled up by these things. Take two people but use the same amount of gas each year. This is going to tack on another 4.5% to their fuel budget ( current prices around $1/litre). If their budget was $3,000/year for gas, it's now $3,135.00.
Person A) has after income tax discretionary money of say $50,000
Person B) has after income tax discretionary money of say $35,000

They are both paying the same, but who get hits harder
?
3,135 of 50,000 is 6.27%
3,135 of 35,000 is 8.95%

So when life happens or even something that's discretionary. Say $500 for "back to school" stuff in Aug out comes the CC, or Credit Line. Its a double whammy. They have less discretionary money, less ability to save (and most cases no pensions so) and are often forced to go further into debt.

It's not rocket science.
But is greed or willful blindness or self interest on the part of those who couldn't be bothered to see what things were doing to everyone else, especially those outside the "golden" Toronto where jobs A) are further away and fewer between and B) don't pay as much or PS.