Posts Tagged ‘Ontario’s’

Ontario Premier Doug Ford formally introduced plans Tuesday to finish the province’s cap-and-trade program, drawing scorn from the federal authorities which can quickly implement its personal carbon tax within the province.

The PC Celebration gained a majority authorities after campaigning on axing cap-and-trade, which compelled giant corporations to purchase allowances for his or her carbon emissions. Ford says in a brand new launch that eliminating it will likely be step one in reducing gasoline costs by 10 cents a litre and curbing different family prices.

Ford additionally took goal at carbon taxes usually, calling them “not more than authorities money grabs that do nothing for the atmosphere.”

“We’re getting Ontario out of the carbon tax enterprise,” he stated.

It stays unclear how a lot exiting the cap-and-trade program will price Ontario, which is an element of a bigger program with Quebec and California, and what is going to occur with the almost $ three billion in credit that corporations have already bought.

CBC Toronto requested that price from the Ontario Ministry of Setting and Local weather Change final week, however the request was referred to Ford’s workplace.

Ford’s information launch additionally stated there will likely be an “orderly wind-down” of applications funded by cap-and-trade, together with incentives for owners to make their properties extra power environment friendly and for motorists to modify to electrical autos.

Ford’s assertion says the federal government will resolve on a case-by-case foundation whether or not some initiatives beforehand funded by this system will likely be paid for utilizing tax base income.

Will Ottawa step in?

A press release from the workplace of federal Setting Minister Catherine McKenna criticizes Ford’s transfer. (Nathan Denette/Canadian Press)

The change at Queen’s Park could have main ramifications for the federal authorities, which plans to implement a carbon tax in provinces the place there may be none. On Tuesday afternoon, the federal authorities was already criticizing the change in route at Queen’s Park.

“The Ontario authorities is making it clear that it’s not keen on taking local weather motion, and is successfully withdrawing from Canada’s nationwide local weather change plan,” stated a press release from the workplace of Setting Minister Catherine McKenna.

“Canadians count on us to guard the atmosphere and develop our financial system, and we’re taking motion.”

If Ottawa does put in a federal carbon tax, Ford has vowed to problem it in court docket — a risk that aligns him with Saskatchewan’s authorities.

Environmental group warns of price

In Ontario, Ford’s choice is drawing criticism from the opposition and environmental teams.

“The cancellation of cap-and-trade is a foul thought for a lot of causes,” stated Environmental Defence’s Keith Brooks in a press release.

Brooks stated cap-and-trade not solely funds emissions-cutting applications — from social housing retrofits to biking infrastructure — however is a system companies have already invested in.

“The Ontario authorities might want to discover billions of to purchase again these permits, or danger being sued.”

Ford’s assertion doesn’t tackle these considerations.

Ford was sworn-in as Ontario’s 29th premier final Friday. At present, the federal government’s web site doesn’t record contact info for the newly appointed minister of the atmosphere or some other cupboard members.

Ontario premier-designate Doug Ford has vowed that his first act within the legislature will probably be to scrap the province’s cap-and-trade program.

“In Ontario, the carbon tax’s days are numbered,” he introduced Friday throughout a information convention at Queen’s Park in Toronto. 

Ford, who will probably be sworn in later this month, campaigned on a promise to dismantle Ontario’s present cap-and-trade program, which is aimed toward lowering carbon emissions, and to chop fuel costs by 10 cents per litre. He additionally vowed not to usher in any new carbon tax to exchange it.  

“I promised that we’d make life extra inexpensive in Ontario. I promised we would scale back fuel costs and respect your hard-earned cash,” he mentioned.  

Ford plans to do that whereas additionally reducing authorities spending by no less than $ 6 billion, lowering the tax price within the province’s center earnings tax bracket, decreasing the company tax price and considerably reducing hydro payments for residents.

Present cap-and-trade pointers

Cap-and-trade accounted for round $ 1.9 billion in income final yr whereas the gas tax brings in $ 2.7 billion in income.

Below the province’s present laws, a system first adopted by Quebec in 2013, income was invested in applications that scale back emissions and assist companies and shoppers adapt to a low-carbon economic system.

Ontario’s cap-and-trade system strives to decrease greenhouse fuel emissions by setting allowances for its massive emitters. (Frank Gunn/Canadian Press)

The aim of the system is to decrease greenhouse fuel emissions by setting limits on the quantity of air pollution corporations in sure industries can emit. Sure electrical energy importers, pure fuel distributors and gas suppliers are amongst these required to take part.

If these massive emitters exceed these limits, they need to purchase an equal variety of so-called allowances at public sale or from different corporations that are available beneath their limits. 

“The businesses will probably be fairly completely happy that they will not be paying sooner or later,” Ford mentioned when pressed concerning the chance that the province will reimburse companies who paid into the $ 1.9 billion in allowances. 

Might affect monetary incentives to chop power use

Environmental advocates criticized Ford’s plan, calling it a “unhealthy thought for a lot of causes,” together with the affect it’ll have on the applications it funds.

“This implies no extra cash to assist companies turn into extra power environment friendly, no cash for social housing power retrofits, and no cash for schools, universities and hospitals to cut back their power use,” Keith Brooks, applications director for the Toronto-based advocacy group Environmental Defence, mentioned in an announcement.

Presently, municipalities in Ontario obtain two cents per litre on fuel that’s taxed beneath the provincial gas tax to assist fund their public transit networks. That determine is about to extend to 4 cents per litre by 2021. Ford has beforehand mentioned that municipalities will not see a decline in that cash regardless of the promised discount within the fuel tax. 

Doug Ford campaigned on a promise to dismantle the province’s present cap-and-trade program and ‘getting a reimbursement into the pockets of the individuals of Ontario.’ (Carlo Allegri/Reuters)

The PC’s platform, dubbed “Plan for the Folks,” that was launched days earlier than the June 7 election, contains 4 environment-related insurance policies with a complete price ticket of $ 500 million over a four-year mandate:

  • Hold Ontario stunning by defending waterways and implementing air high quality applications.
  • Enhance enforcement, together with hiring extra conservation officers and rising policing of main polluters.
  • Arrange an emissions-reduction fund to put money into new applied sciences to cut back emissions.
  • Commit sources to lowering rubbish in our neighbourhoods and parks.

“We’re going to ensure we seek the advice of with individuals in that trade, however this goes again to the carbon tax is the worst tax that any authorities might placed on companies,” Ford mentioned on Friday.

However environmental advocates say it is unclear what Ford’s guarantees actually imply as a result of they’re mild on particulars.

Furthermore, the federal authorities has mentioned that each province should undertake a carbon pricing plan by the beginning of subsequent yr or it’ll introduce one itself. 

If the brand new authorities adjustments or eliminates its system … the federal worth on air pollution would apply.– Caroline Thériault, spokesperson for Surroundings Minister Catherine McKenna

“A worth on air pollution is a necessary a part of any severe local weather plan,” Caroline Thériault, press secretary to federal Surroundings Minister Catherine McKenna, mentioned in an announcement to CBC Information. 

“Ontario’s present air pollution pricing system meets the federal normal. If the brand new authorities adjustments or eliminates its system, that evaluation might change and the federal worth on air pollution would apply.”

The Ontario Progressive Conservatives have budgeted $ 30 million in authorized prices to combat Prime Minister Justin Trudeau in courtroom over the imposition of the carbon pricing plan

“We will cease the federal government from gouging the individuals,” Ford mentioned. 

‘Wind-down’ timeline unclear

Ford defined Friday that he can be giving discover of Ontario’s withdrawal from the joint carbon market system, which is  ruled by provincial laws, such because the Local weather Change Mitigation and Low-carbon Financial system Act, and a authorized settlement with Quebec and California, which together with Ontario are a part of the cap-and-trade program generally known as the Western Local weather Initiative.

Additional particulars concerning the “wind-down” of this system and when it will likely be launched at Queen’s Park will probably be given later, he added. 

Ford, who led Ontario’s Progressive Conservatives to a majority election victory, rising the social gathering’s seats from 27 to 76 and getting nearly 41 per cent of the favored vote, is assembly along with his transition workforce and anticipated to take energy on June 29.