Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Canada's Carbon Credit Catastrophe Begins in British Columbia
05-17-2011, 11:04 PM,
Information  Canada's Carbon Credit Catastrophe Begins in British Columbia
Quote:Goldstein: Canada's carbon catastrophe begins
81 of B.C.’s schools, hospitals forced to buy carbon credits rather than fund nurses, teachers
By Lorrie Goldstein ,Toronto Sun
Monday, May 9, 2011

BC schools and hospitals are being forced to buy carbon credits rather than fund nurses and teachers. the provincial government is forcing the transfer of millions of tax dollars from cash-strapped schools, hospitals and other public institutions, by requiring them to buy carbon offsets. Money which then benefits hugely profitable energy companies like Encana.

This is eerily reminiscent of what happened in Europe when it started pricing emissions years ago.

Hospitals, universities and other public facilities had to spend millions of dollars that could have gone toward hiring more nurses and professors, buying carbon credits.

Meanwhile, energy giants like BP and Esso made millions after receiving free carbon credits from European regulators — which they then sold into Europe’s disastrous cap-and-trade market, the Emissions Trading Scheme.

The reason for the fiasco in B.C. is the provincial government has decreed schools, hospitals and other public facilities must become “carbon neutral,” with municipalities joining the list next year.

The only way they can comply, because so many of their buildings are old and energy inefficient, is to buy “carbon offsets” to — in theory — cancel out their excess emissions.

As Craig McInnes of the Vancouver Sun reported May 7, the city’s school board, facing a budget shortfall of $8.4 million, nonetheless had to spend $450,000 on carbon offsets and a “smart tool” to calculate its “carbon footprint.”

According to The Tyee online newspaper, the same thing is happening to school boards, hospitals and other public facilities across B.C.

As a result, schools are hiring fewer teachers and turning the thermostat even lower in winter in already poorly-insulated buildings to save money, prompting complaints from parents and students.

The money schools, hospitals and other public institutions pay for carbon offsets (the Sun estimates up to $25 million annually) is used by Pacific Carbon Trust — a government agency — to buy carbon offsets from energy companies like Encana, helping it to pay for new technology to lower its emissions.
Full Article:

Related Carbon Credit and Cap & Trade Threads:

Cap and Trade 101

Banksters Love Cap-and-Trade

Credit Default Swap Inventor is Key Carbon Derivatives Architect

Chicago Climate Exchange: In Depth Profile

The $2.5 Trillion Global Oil Scam: Intercontinental Exchange Commodity Manipulation

Gulf of Mexico Oil Spill Dead Zone: The Algae Biofuels and Carbon Exchange Agenda

Anthropogenic Global Warming - - Darius Alexander

A Geo-Engineered World - Controlling the Weather with Climate Engineering

Global Warming/ Climate change?


Fucking tired about hearing about CARBON FOOTPRINTS

The Bloody Legacy of Al Gore

Obama’s Plan To Destroy America’s Farms Moving Full Steam Ahead

New Zealand may go bust over Global Warming

Kevin Libin: How Copenhagen could cost Canada most

'Green' Global Government Agenda Becoming More Evident

The Big Green New Deal

The IMF on Corporate Governance and $75,681,430,091 in Interest + Charges since 1984

Climate Change 'Science'

Tax on carbon: The only way to save our planet

EPA vows to enforce curbs on emissions

The Great American Bubble Machine

Will The SEC Investigation Expose the Gore-Goldman Green Connection?

Exploiting Gulf Gusher to pass Cap-and-Trade won't Clean-up Oil Leak

Obama's Cap and Trade Carbon Emissions Bill - A Stealth Scheme to License Pollution and Fraud

Is the Copenhagen treaty about creating a world government?

U.N. 'Climate Change' Plan Would Likely Shift Trillions to Form New World Economy

Obama opens new green chapter for US on climate

Global Tax Scheme Pushed To Battle 'climate Change'
There are no others, there is only us.
05-18-2011, 12:23 AM,
RE: Canada's Carbon Credit Catastrophe Begins in British Columbia
Campbell sucks, premier of BC, an incredibly ignorant greedy souled out creep. Rather than make the infrastructure more energy efficient they pay fines and have less money to affect positive changes with. Makes perfect cents!
An error does not become truth by reason of multiplied propagation, nor does truth become error because nobody sees it.
Mohandas Gandhi

Each of us is put here in this time and this place to personally decide the future of humankind.
Did you think you were put here for something less?
Chief Arvol Looking Horse

Possibly Related Threads...
Thread Author Replies Views Last Post
Information New Immigration Stream – No Job Offer Needed in Canada FastTadpole 2 410 03-22-2014, 12:23 PM
Last Post: FastTadpole
Exclamation Gulf of Mexico Oil Spill Dead Zone: The Algae Biofuels and Carbon Exchange Agenda FastTadpole 46 38,848 11-23-2013, 06:38 AM
Last Post: Quakva
Exclamation Canada and US Border, Security, Military, Trade and Law Integration FastTadpole 6 2,309 03-09-2013, 07:38 PM
Last Post: FastTadpole
  Bill C-38 protest has 13,000 websites going dark across Canada this June icosaface 2 597 05-30-2012, 05:51 PM
Last Post: operatorkos
  Monetary and credit reform: full-employment, end of debt slavery icosaface 0 352 03-16-2012, 01:46 PM
Last Post: icosaface
  Canada's SOPA, Bill C11 icosaface 3 999 03-06-2012, 07:47 PM
Last Post: FastTadpole
  CANADA: Tax Cuts, Privatization and Deregulation: icosaface 0 435 01-20-2012, 05:45 PM
Last Post: icosaface
Information Bill C-428: Canada's Old Age Security Act Amendments FastTadpole 10 4,065 10-05-2011, 01:48 PM
Last Post: icosaface
Information BC Canada Slams Door on Harmonised Sales Tax (HST) via Referendum FastTadpole 0 482 08-31-2011, 03:39 AM
Last Post: FastTadpole
  Iran's Kish Oil Bourse Begins Oil Transactions In Euro and Dirham Solve et Coagula 0 342 08-19-2011, 03:31 PM
Last Post: Solve et Coagula

Forum Jump:

Users browsing this thread: 1 Guest(s)