Households, economy to take a hit under Tory green plan
Ouch. The Conservatives version of the NEP aimed at you and me. The Tories Hot Air plan is that you and I should pay for the environmental destruction caused by capitalism.
Canadians will pay more for many of life's necessities under a new environmental strategy that falls far short of the Kyoto accord but reduces greenhouse-gas emissions faster than the Conservative government's first climate-change plan.
It is estimated the new proposal will cost the Canadian economy $7-billion to $8-billion a year.
Environment Minister John Baird, who unveiled the strategy yesterday, reminded Canadians that there are costs associated with turning the corner on global warming.
"The prices for consumer products like vehicles, natural gas, electricity and household appliances could go up. But it's a small price to pay to ensure a lasting environmental legacy for future generations," Mr. Baird told a press conference.
While the major industrial emitters account for half of the country's output of greenhouse gas, they will be required to find just 40 per cent of the expected reductions.
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