The Proprietor Review

Canada agreed to a goal of 30 percent reduction of Green house gases by 2030. This was at the Paris accord in 2015. the base line was 2005 emissions, to set reduction plans by.

2018 broad set PCF: Canadian frame work on clean growth and climate change; backstop jurisdiction:

The charge on fossil fuel 10 dollars increasing yearly to 50 dollars by 2022.

Out put based pricing on Industrial facilities same price as equivalent fossil fuel 10 x5 = 50 dollars a ton 2022.

Government of emissions reduction, update.

On July 12 2021, Johnathon Wilson, minister filed a report to the UN saying that the commitment for 2030’s emissions level in Canada is increased from 30 percent 40-45 percent by that same year.

15 dollars per ton increase for overage in carbon emissions…

To get to the 40-45 percent reduction the government registered a 15 dollar raise in carbon tax on both backstops.

Output based base line.

The base from which facility emission is calculated is 70 % of a “Production based national average of the intensity of emissions. This cap and trade leaves 30 % to tax and set as a goal to reduce so as to lessen tax.

Net zero by 2050

Canada passed laws to support net zero growth by 2050.

Editors note:

The UN has no jurisdiction to enforce any convention, however Canada has passed a number of laws to support its participation in this endeavor. The September 20th Canadian election is obviously a necessary seeking of a parliamentary mandate to support the goals of government including the trans mountain expansion.

On this Day: September 14th 1402

The Battle of Homidon Hill, long bow success.