The other impact on cap and trade is the passing of costs. The companies that have to buy these fairly expensive carbon units are not going to absorb those costs out of the goodness of their hearts, or their duty to universal good.
Everything will increase in price. Transportation will increase, the manufacturers that use petroleum based products will find their costs increase so they'll pass it on.
And lets be honest, Alberta and Saskatchewan will take the biggest kicks in the pants on Carbon cap and trade. As nice as the candidate was to reply to his email, until Ignatieff states publically how he intends to off set the potential economic impact to the Energy producing provinces then his answer really isn't trust worthy.
I would hope that if Ignatieff was elected and tried to implement it, that Alberta would shut off the taps, scream that we're now a have not province and hold out their hands for equalization.
And I completely disagree with the post above that environment trumps jobs.
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My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
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