Quote:
Originally Posted by photon
No, and that's fine too as long as they give companies enough time and reasonable targets.
Just that way the government is deciding what's appropriate for each company or industry, and what might be easy to do for one type of company might be very difficult to do for another, so why not let them trade emission credits? Overall the reduction still happens even though one company might be marginal in terms of emissions but another is outstanding (by the nature of what they do, conventional vs. non-conventional for example, non-conventional can't go away and if you put too much pressure on non-conventional all you are going to do is move it to countries that don't care about emissions at all).
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Seems to me the problem often is what are reasonable targets. Some people expect the oil sands to cut all emissions within a short time frame.
I think perhaps we should have a combination of both. Have reasonable regulations in place that companies are willing to word towards, as well as the carbon tax.
But it has to be carried out in such a way that the companies are willing to get on board. You can't just regulate the hell out of the oil sands and then wonder why new development isn't happening and jobs are being lost.