This is pretty weird: Alberta tables climate plan for industry, retains key parts of old legislation

[applegrove]

https://www.cbc.ca/amp/1.5340168?__twitter_impression=true

Two-pronged approach a mistake, policy experts say

Bob Weber - The Canadian Press

"SNIP.....

Most facilities, such as oilsands plants or concrete manufacturers that produce more than 100,000 tonnes of CO2, are to be assigned an individual carbon emissions benchmark based on past performance. Smaller emitters will be able to opt in to that program in order to avoid federal regulations.

The plants will be expected to reduce their emissions by 10 per cent below the benchmark the first year and one per cent every year after that. If they don't, they will have to pay $30 a tonne or buy emissions credits. Facilities under their benchmark will be allowed to stockpile or sell credits.

Some of the money is to go into a fund to support greenhouse-gas-reducing technology. Half of every dollar raised after the first $100 million is to go to debt reduction or to the province's "war room," a newly created $30-million office to counter criticism of the oil and gas industry.

......

The new plan deals with electricity generators the same way as one that was introduced by the New Democrats.



.....SNIP"