[doc30]

Stupid, stupid, stupid thing to do.

[fanfan]

Canada ping!

Please FReepmail me to get on or off this ping list.

[kentj]

Well we all won't be rushing to buy gas as well as drugs from our "Friends" up north now will we - it is a hell of a long way to go to buy gas for me anyway.

[TheBattman]

it's all about control....and nothing about "protecting the environment".

[from occupied ga]

Quebec plans to adopt tough vehicle emissions standards and will become the first province to levy a "carbon tax" on oil and gas companies as part of an ambitious plan to fight global warming.

Wonderful - I love socialism (in other countries) it will make that much more gas available outside Quebec. Vive la débiles!

The tax will raise about $200-million a year over six years, provincial government officials said yesterday, and will finance a $1.2-billion Green Fund to make reductions in greenhouse gas emissions called for under the international Kyoto accord.

Yet another reason that the entire states of New York and Massachussetts should be given to Quebec - they think that way there too.

[Renderofveils]

Included in recent "Carbon Tax" talks are whether or not to incur new taxes on the process of cremating deceased citizens.

Well, not really. But when I saw the carbon tax headline that was the first thing to spring to mind.

[OpusatFR]

Did you see this:

http://www.theglobeandmail.com/servlet/story/RTGAM.20060614.woilsands0614/BNStory/National/home

"FORT MCMURRAY, ALTA. — The mayor and council in this booming northern Alberta city voted unanimously Tuesday to try and put the brakes on all future oil sands development until something is done to improve the area's infrastructure.

Specifically, Mayor Melissa Blake and the council for the Municipality of Wood Buffalo agreed to apply for intervenor status when oil sands giant Suncor goes to the Alberta Energy and Utilities Board on July 5 to apply for an expansion of its operations."

The freakin idiots in Canada are trying to stop the expansion and production of oil and gas.

I'm still not gonna short it.

[yankeedame]

The tax will raise about $200-million a year over six years, provincial government officials said yesterday...

That is assuming, of course, that nobody, and nothing, changes in those six years.

[sergeantdave]

Anytime a liberal politician tells you something will cost $200 million, multiply that by 10.

Then add in another 20% for assorted unforseeable costs. Tack on another 30% for waste, fraud and abuse. Slip in another 25% for hiring more bureaucrats. Calculate another 15% for the political "blackhole." Tabulate a 100% increase for inflation over 10 years. Bribes? Figure another 25%. And then buy a few hundred chateaus in France for another 10% or so.

And in the end, the Marxist goal will never be achieved.

[RightCanuck]

There was a long yak on one of the Montreal talk radio stations this morning and the liberal moderator actually asked the 'brilliant' (/sarcasm off) question, Do you think the company's will pay the tax or pass it on to consumers?.

Such a level of intelligence and basic understanding of economics.

Read my lips - Company's don't pay taxes! They are always passed on to the consumer in some form or other.

[Rastus]

"This is an excellent move," Greenpeace spokesman Steven Guilbeault said. "The time has come for oil companies to pay for the pollution they cause related to climate change. It would be outrageous for oil companies who make billions of dollars in profit to have consumers pay the bill."

TFB, Steve. Nationalize the industry or go pound sand.

[cowtowney]

"Stupid, stupid, stupid thing to do."

Not so fast, doc. Let's think about it a little.

Here's an excellent article in Forbes

Presently, we (in the US) have subsidies, credits, deductions, tax surcharges, earmarks and research boondoggles. Here's a way to make life simpler: Chuck out all energy legislation, replacing it with a one-sentence statute that levies a tax on carbon emissions.

We're talking a lot of revenue--enough, if the full rate were in place today and no one responded with changes in air-conditioning and driving habits, to replace the personal income tax. It would add $1.65 to the price of a gallon of gasoline. It would triple your electric bill if your utility were entirely coal fired. The purpose, though, would be not just to raise revenue but to change behavior. In 30 years' time, coal utilities would get very imaginative about switching to nuclear or finding some way to stuff carbon dioxide down a well hole. You would have long since retired your Suburban.

Now think of the legislative pollution that could be removed. The guzzler tax (up to $7,700) could be repealed; it is, after all, none of the government's business whether I waste gas by driving a big car or by making unnecessary trips to the pharmacy. Repeal mileage regulations (27.5 miles per gallon for cars, 21.6 for pickups). Get rid of the hybrid tax credit (up to $3,400). Forget George Bush's plan to spend $1.2 billion on hydrogen and $150 million on grass clippings.

We could find other employment for the lobbyists who tell us that ethanol is a winner; now, for the very first time, the chemical would succeed or fail on its own carbon merits. We wouldn't need the $2,000 solar credit or the $150 for qualified water heaters or the $50 for advanced circulating fans. We wouldn't need the tax forms for any of these things.

and...we would not need all those bureaucrats at the Energy Department.

This is not to say that a) the bureaucrats wouldn't think of ways to spend the revenue, b) wouldn't get rid of the legislation it is supposed to replace