Quebec’s ‘green’ fund warning to Canadians

[Anonymous]

Just like the federal government used carbon tax revenues to give twelve million dollars to the Weston family to retrofit freezers. Carbon tax revenues are a slush fund to reward industry that helps governments sell carbon taxes.





From Sun news Media



If the best predictor of future performance is past behaviour, then the fate of Quebec's $5.5-billion green fund, raised from the proceeds of its cap and trade carbon pricing system, should be a warning to all Canadians.



That's because, according to Quebec Environment Minister Benoit Charette, the previous Liberal government, which created the fund in 2006 and was in charge of it until last year, didn't actually care about using the money to reduce industrial greenhouse gas emissions linked to climate change.



As Charette told The Canadian Press: "Certain government departments helped themselves to the fund, so to speak, without a guarantee of results on investments," meaning the reduction in emissions "was very small across the projects that were financed."



While Charette is a member of the Coalition Avenir Quebec party that defeated the Liberals last year, it's not just political partisans who have criticized the green fund.



Quebec's auditor general has repeatedly found fault with the fund's administration as well.



What happened in Quebec is exactly what many Canadians fear will happen with Prime Minister Justin Trudeau's national carbon pricing scheme, of which Quebec's cap-and-trade program is now a part.



That is, that much of the money won't be used to reduce emissions.



Ljiljana Latkovic — appointed as a member of the governing council chosen to oversee the green fund in 2017 — told The Canadian Press: "My opinion is that the (environment) ministry didn't care about the reductions."



As a result, critics say, money was distributed to oil companies, airlines, taxi firms, Quebec's maple syrup industry and others, for dubious projects that had little to do with reducing emissions.



Latkovic said the council was reduced to rubber stamping projects that had already been approved by the Quebec government, with up to 90% of all projects decided in this way.



"It's unfortunately true," he said. "It's really what was happening. We had a situation where the fund wasn't being used to its potential. There was confusion regarding responsibilities. It's what we want to correct."



While the new CAQ government is promising reforms to the administration of the green fund, Quebec's experience illustrates why many Canadians are skeptical of carbon pricing.



It's because they don't trust governments to spend the money wisely or effectively.

[Anonymous]

Some of the revenue from the former NDP government's carbon tax in Alberta went to companies like Suncor that supported the tax.

[Anonymous]

Just like the federal government used carbon tax revenues to give twelve million dollars to the Weston family to retrofit freezers. Carbon tax revenues are a slush fund to reward industry that helps governments sell carbon taxes.





From Sun news Media



If the best predictor of future performance is past behaviour, then the fate of Quebec's $5.5-billion green fund, raised from the proceeds of its cap and trade carbon pricing system, should be a warning to all Canadians.



That's because, according to Quebec Environment Minister Benoit Charette, the previous Liberal government, which created the fund in 2006 and was in charge of it until last year, didn't actually care about using the money to reduce industrial greenhouse gas emissions linked to climate change.



As Charette told The Canadian Press: "Certain government departments helped themselves to the fund, so to speak, without a guarantee of results on investments," meaning the reduction in emissions "was very small across the projects that were financed."



While Charette is a member of the Coalition Avenir Quebec party that defeated the Liberals last year, it's not just political partisans who have criticized the green fund.



Quebec's auditor general has repeatedly found fault with the fund's administration as well.



What happened in Quebec is exactly what many Canadians fear will happen with Prime Minister Justin Trudeau's national carbon pricing scheme, of which Quebec's cap-and-trade program is now a part.



That is, that much of the money won't be used to reduce emissions.



Ljiljana Latkovic — appointed as a member of the governing council chosen to oversee the green fund in 2017 — told The Canadian Press: "My opinion is that the (environment) ministry didn't care about the reductions."



As a result, critics say, money was distributed to oil companies, airlines, taxi firms, Quebec's maple syrup industry and others, for dubious projects that had little to do with reducing emissions.



Latkovic said the council was reduced to rubber stamping projects that had already been approved by the Quebec government, with up to 90% of all projects decided in this way.



"It's unfortunately true," he said. "It's really what was happening. We had a situation where the fund wasn't being used to its potential. There was confusion regarding responsibilities. It's what we want to correct."



While the new CAQ government is promising reforms to the administration of the green fund, Quebec's experience illustrates why many Canadians are skeptical of carbon pricing.



It's because they don't trust governments to spend the money wisely or effectively.

We all knew carbon taxes are about raising revenues, not lowering emissions. But, from the EU to Quebec, we have solid evidence carbon taxes breed corruption. We now have the smoking gun.

[Anonymous]

Just like the federal government used carbon tax revenues to give twelve million dollars to the Weston family to retrofit freezers. Carbon tax revenues are a slush fund to reward industry that helps governments sell carbon taxes.





From Sun news Media



If the best predictor of future performance is past behaviour, then the fate of Quebec's $5.5-billion green fund, raised from the proceeds of its cap and trade carbon pricing system, should be a warning to all Canadians.



That's because, according to Quebec Environment Minister Benoit Charette, the previous Liberal government, which created the fund in 2006 and was in charge of it until last year, didn't actually care about using the money to reduce industrial greenhouse gas emissions linked to climate change.



As Charette told The Canadian Press: "Certain government departments helped themselves to the fund, so to speak, without a guarantee of results on investments," meaning the reduction in emissions "was very small across the projects that were financed."



While Charette is a member of the Coalition Avenir Quebec party that defeated the Liberals last year, it's not just political partisans who have criticized the green fund.



Quebec's auditor general has repeatedly found fault with the fund's administration as well.



What happened in Quebec is exactly what many Canadians fear will happen with Prime Minister Justin Trudeau's national carbon pricing scheme, of which Quebec's cap-and-trade program is now a part.



That is, that much of the money won't be used to reduce emissions.



Ljiljana Latkovic — appointed as a member of the governing council chosen to oversee the green fund in 2017 — told The Canadian Press: "My opinion is that the (environment) ministry didn't care about the reductions."



As a result, critics say, money was distributed to oil companies, airlines, taxi firms, Quebec's maple syrup industry and others, for dubious projects that had little to do with reducing emissions.



Latkovic said the council was reduced to rubber stamping projects that had already been approved by the Quebec government, with up to 90% of all projects decided in this way.



"It's unfortunately true," he said. "It's really what was happening. We had a situation where the fund wasn't being used to its potential. There was confusion regarding responsibilities. It's what we want to correct."



While the new CAQ government is promising reforms to the administration of the green fund, Quebec's experience illustrates why many Canadians are skeptical of carbon pricing.



It's because they don't trust governments to spend the money wisely or effectively.

Economists who like the idea of pricing carbon, would not like how it's been implemented. It was supposed to reduce or eliminate other taxes and regulations, not piled on top of both.

[Anonymous]

Just like the federal government used carbon tax revenues to give twelve million dollars to the Weston family to retrofit freezers. Carbon tax revenues are a slush fund to reward industry that helps governments sell carbon taxes.





From Sun news Media



If the best predictor of future performance is past behaviour, then the fate of Quebec's $5.5-billion green fund, raised from the proceeds of its cap and trade carbon pricing system, should be a warning to all Canadians.



That's because, according to Quebec Environment Minister Benoit Charette, the previous Liberal government, which created the fund in 2006 and was in charge of it until last year, didn't actually care about using the money to reduce industrial greenhouse gas emissions linked to climate change.



As Charette told The Canadian Press: "Certain government departments helped themselves to the fund, so to speak, without a guarantee of results on investments," meaning the reduction in emissions "was very small across the projects that were financed."



While Charette is a member of the Coalition Avenir Quebec party that defeated the Liberals last year, it's not just political partisans who have criticized the green fund.



Quebec's auditor general has repeatedly found fault with the fund's administration as well.



What happened in Quebec is exactly what many Canadians fear will happen with Prime Minister Justin Trudeau's national carbon pricing scheme, of which Quebec's cap-and-trade program is now a part.



That is, that much of the money won't be used to reduce emissions.



Ljiljana Latkovic — appointed as a member of the governing council chosen to oversee the green fund in 2017 — told The Canadian Press: "My opinion is that the (environment) ministry didn't care about the reductions."



As a result, critics say, money was distributed to oil companies, airlines, taxi firms, Quebec's maple syrup industry and others, for dubious projects that had little to do with reducing emissions.



Latkovic said the council was reduced to rubber stamping projects that had already been approved by the Quebec government, with up to 90% of all projects decided in this way.



"It's unfortunately true," he said. "It's really what was happening. We had a situation where the fund wasn't being used to its potential. There was confusion regarding responsibilities. It's what we want to correct."



While the new CAQ government is promising reforms to the administration of the green fund, Quebec's experience illustrates why many Canadians are skeptical of carbon pricing.



It's because they don't trust governments to spend the money wisely or effectively.

Economists who like the idea of pricing carbon, would not like how it's been implemented. It was supposed to reduce or eliminate other taxes and regulations, not piled on top of both.

True, no place in Canada or Europe has implemented carbon pricing as economists who favour it proposed it. It doesn't stop the climate from changing either.

[Anonymous]

Just like the federal government used carbon tax revenues to give twelve million dollars to the Weston family to retrofit freezers. Carbon tax revenues are a slush fund to reward industry that helps governments sell carbon taxes.





From Sun news Media



If the best predictor of future performance is past behaviour, then the fate of Quebec's $5.5-billion green fund, raised from the proceeds of its cap and trade carbon pricing system, should be a warning to all Canadians.



That's because, according to Quebec Environment Minister Benoit Charette, the previous Liberal government, which created the fund in 2006 and was in charge of it until last year, didn't actually care about using the money to reduce industrial greenhouse gas emissions linked to climate change.



As Charette told The Canadian Press: "Certain government departments helped themselves to the fund, so to speak, without a guarantee of results on investments," meaning the reduction in emissions "was very small across the projects that were financed."



While Charette is a member of the Coalition Avenir Quebec party that defeated the Liberals last year, it's not just political partisans who have criticized the green fund.



Quebec's auditor general has repeatedly found fault with the fund's administration as well.



What happened in Quebec is exactly what many Canadians fear will happen with Prime Minister Justin Trudeau's national carbon pricing scheme, of which Quebec's cap-and-trade program is now a part.



That is, that much of the money won't be used to reduce emissions.



Ljiljana Latkovic — appointed as a member of the governing council chosen to oversee the green fund in 2017 — told The Canadian Press: "My opinion is that the (environment) ministry didn't care about the reductions."



As a result, critics say, money was distributed to oil companies, airlines, taxi firms, Quebec's maple syrup industry and others, for dubious projects that had little to do with reducing emissions.



Latkovic said the council was reduced to rubber stamping projects that had already been approved by the Quebec government, with up to 90% of all projects decided in this way.



"It's unfortunately true," he said. "It's really what was happening. We had a situation where the fund wasn't being used to its potential. There was confusion regarding responsibilities. It's what we want to correct."



While the new CAQ government is promising reforms to the administration of the green fund, Quebec's experience illustrates why many Canadians are skeptical of carbon pricing.



It's because they don't trust governments to spend the money wisely or effectively.

Economists who like the idea of pricing carbon, would not like how it's been implemented. It was supposed to reduce or eliminate other taxes and regulations, not piled on top of both.

The government should not artificially raise the price of essentials like transportation, electricity and home heating like they do alcohol, marijuana and tobacco.

[Anonymous]

Just like the federal government used carbon tax revenues to give twelve million dollars to the Weston family to retrofit freezers. Carbon tax revenues are a slush fund to reward industry that helps governments sell carbon taxes.





From Sun news Media



If the best predictor of future performance is past behaviour, then the fate of Quebec's $5.5-billion green fund, raised from the proceeds of its cap and trade carbon pricing system, should be a warning to all Canadians.



That's because, according to Quebec Environment Minister Benoit Charette, the previous Liberal government, which created the fund in 2006 and was in charge of it until last year, didn't actually care about using the money to reduce industrial greenhouse gas emissions linked to climate change.



As Charette told The Canadian Press: "Certain government departments helped themselves to the fund, so to speak, without a guarantee of results on investments," meaning the reduction in emissions "was very small across the projects that were financed."



While Charette is a member of the Coalition Avenir Quebec party that defeated the Liberals last year, it's not just political partisans who have criticized the green fund.



Quebec's auditor general has repeatedly found fault with the fund's administration as well.



What happened in Quebec is exactly what many Canadians fear will happen with Prime Minister Justin Trudeau's national carbon pricing scheme, of which Quebec's cap-and-trade program is now a part.



That is, that much of the money won't be used to reduce emissions.



Ljiljana Latkovic — appointed as a member of the governing council chosen to oversee the green fund in 2017 — told The Canadian Press: "My opinion is that the (environment) ministry didn't care about the reductions."



As a result, critics say, money was distributed to oil companies, airlines, taxi firms, Quebec's maple syrup industry and others, for dubious projects that had little to do with reducing emissions.



Latkovic said the council was reduced to rubber stamping projects that had already been approved by the Quebec government, with up to 90% of all projects decided in this way.



"It's unfortunately true," he said. "It's really what was happening. We had a situation where the fund wasn't being used to its potential. There was confusion regarding responsibilities. It's what we want to correct."



While the new CAQ government is promising reforms to the administration of the green fund, Quebec's experience illustrates why many Canadians are skeptical of carbon pricing.



It's because they don't trust governments to spend the money wisely or effectively.

This doesn't surprise me. Carbon taxation scams in Europe, and North America are rich prog scams to rip off working class people and reward rich prog individuals and companies.

[Anonymous]

Just like the federal government used carbon tax revenues to give twelve million dollars to the Weston family to retrofit freezers. Carbon tax revenues are a slush fund to reward industry that helps governments sell carbon taxes.





From Sun news Media



If the best predictor of future performance is past behaviour, then the fate of Quebec's $5.5-billion green fund, raised from the proceeds of its cap and trade carbon pricing system, should be a warning to all Canadians.



That's because, according to Quebec Environment Minister Benoit Charette, the previous Liberal government, which created the fund in 2006 and was in charge of it until last year, didn't actually care about using the money to reduce industrial greenhouse gas emissions linked to climate change.



As Charette told The Canadian Press: "Certain government departments helped themselves to the fund, so to speak, without a guarantee of results on investments," meaning the reduction in emissions "was very small across the projects that were financed."



While Charette is a member of the Coalition Avenir Quebec party that defeated the Liberals last year, it's not just political partisans who have criticized the green fund.



Quebec's auditor general has repeatedly found fault with the fund's administration as well.



What happened in Quebec is exactly what many Canadians fear will happen with Prime Minister Justin Trudeau's national carbon pricing scheme, of which Quebec's cap-and-trade program is now a part.



That is, that much of the money won't be used to reduce emissions.



Ljiljana Latkovic — appointed as a member of the governing council chosen to oversee the green fund in 2017 — told The Canadian Press: "My opinion is that the (environment) ministry didn't care about the reductions."



As a result, critics say, money was distributed to oil companies, airlines, taxi firms, Quebec's maple syrup industry and others, for dubious projects that had little to do with reducing emissions.



Latkovic said the council was reduced to rubber stamping projects that had already been approved by the Quebec government, with up to 90% of all projects decided in this way.



"It's unfortunately true," he said. "It's really what was happening. We had a situation where the fund wasn't being used to its potential. There was confusion regarding responsibilities. It's what we want to correct."



While the new CAQ government is promising reforms to the administration of the green fund, Quebec's experience illustrates why many Canadians are skeptical of carbon pricing.



It's because they don't trust governments to spend the money wisely or effectively.

This doesn't surprise me. Carbon taxation scams in Europe, and North America are rich prog scams to rip off working class people and reward rich prog individuals and companies.

Carbon charge schemes are riddled with corruption.