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Kyoto questions to ponder

If the Kyoto plan is supposed to reduce emissions, yet corporations can purchase credits from non-industrialized nations, then how are emissions reduced if corporations can simply purchase credits to enable it to continue its current emissions output?

Furthermore, if corporations calculate that the cost of credits is cheaper than reducing output by re-engineering its facilities, will emissions be reduced?

Some say that the costs of the credits may cause industry to reduce its output, but in reality will corporations just expense these costs as a 'cost of business' and pass the costs to the consumer?

Likewise if it is considered 'just another tax',wont corporations just increase output (and emissions) in order to maintain pre-set profit margins?

If the costs are passed to the consumer, do we need to work more to afford the higher costs of goods? If we work more, Industry will produce more emissions, does this reduce emissions?

If Kyoto is supposed to decrease emissions, yet corporations can purchase credits to maintain its current levels, is there going to be a substantial reduction?

Is it ok to pollute at our current rate as long as we purchase the credits?

More on this later when I have time. I will attempt to provide a non-partisan look from an economic perspective.
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4/11/2005 01:26:00 PM

Kyoto will serve to benefit the Power Corporation ONLY. Increase their profit margin and hit Canadians and all other hapless citizens of other countries who have opted in for this cynical, arrogant and calculating 'system' with a one-two punch tax increase in many forms. All costs of industry will filter down in addition to the costs to the taxpayer directly.
Environmentally minded individuals should pay attention to the why Kyoto was created by Power Corporation and implemented by Chretien without a parlimentary vote or a direct vote by Canadians.
Another instance where what is going on in the background is not to the benefit of Canada or it's people.    



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