Tuesday, September 05, 2017

Carbon cap and trade the Conservative doomed plan.

#Carbon cap and trade allows one corporate identity to gain a smaller carbon footprint and give the credit for that footprint to its parent company who may be in the USA or China for that matter.  This financial dance is virtually un-auditable.  There is nothing here to trade!

It does, however, allow one corporate identity to transfer taxpayers money to a cross-border destination without any taxes and virtually no accountability.  Once across that border, it is likely the receiver won't have to declare the money as they will also be exempt on credit move to Canada.  Something, the conservatives seen to lean to in every situation.

This is serious stuff.  As the world, we are in deep, very deep trouble.  It should not be taken lightly.


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