Quote:
Originally Posted by SebC
Not if it has, say, exemptions for the manufacturing industry in Ontario or flying food up to Nunavut.
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They don't care about Nunavut. You can bet they'll give out free carbon credits to G.M. or Ford though.....
An example of this in the U.S. is Obama waiving the EPA carbon restrictions/costs to General Electric for producing coal fired electricity. Big business always gets the breaks whether it's health insurance or other special exemptions...
Cap and trade is just another money making scheme brought about by Enron, Goldman Sachs and Al Gore. It won't make a damn difference to the environment and we could end up with another financial bubble if this ever comes to be.