Canada’s Co2 Plan Called Scam

Canada’s conservative government recently unveiled the final details of
its long awaited policy on fighting climate change… and it says it
will not meet its Kyoto targets. And as Dan Karpenchuk reports, so far
the proposed eight billion dollar policy has been a tough sell:

Transcript

Canada’s conservative government recently unveiled the final details of
its long awaited policy on fighting climate change… and it says it
will not meet its Kyoto targets. And as Dan Karpenchuk reports, so far
the proposed eight billion dollar policy has been a tough sell:


Canadian Environment minister John Baird, laid out the details of the
framework policy called Turning the Corner, something he described as
the most ambitious environmental plan ever tabled in Canada:


“Canadian industry is today served notice that it will have to become
more efficient in order to both reduce its greenhouse gasses and to
reduce air pollution. We will do this by mandating strict targets for industry.”


Under the new green plan, the government hopes to reduce current
emissions 20% by the year 2020. It calls for industries to make
in-house reductions, participate in domestic emissions trading, buy
energy offsets and invest in a technology fund.


But there are no specifics. Canada’s oil industry, one of the biggest
polluters, is breathing easier, relieved there will be no hard caps on
emissions.


But environmentalists say it doesn’t even match the commitments made by
some other countries. And the liberals call it a scam.


For the Environment Report, I’m Dan Karpenchuk.

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