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Politics : Formerly About Advanced Micro Devices
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From: Wharf Rat11/23/2015 9:30:00 AM
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Alberta’s new climate-change plan will introduce a carbon tax on every Albertan, phase out coal pollution and plants by 2030, set a greenhouse-gas-emissions cap on oilsands production and pump money back into the pockets of Albertans and businesses to help with the transition.

While the plan doesn’t set greenhouse gas emission targets with dates, the entire climate-change policy puts Alberta on track to reduce emissions by approximately 20 megatonnes in 2020 compared to what would be the case if no changes were made, and 50 megatonnes by 2030.

It will also cut methane emissions from flaring and leakage by 45 per cent from 2014 levels by 2025. Methane is roughly 30 times more potent than carbon dioxide as a heat-trapping gas.

The plan was hailed by energy and environmental leaders as a “game changer” that will make Alberta a global leader in fighting climate change. But it will also require Albertans to pay 4.7-cents more per litre of gas at the pumps in 2017, and 5.5 cents more per litre of diesel, plus an extra $320 to heat their homes in 2017, rising to $470 by 2018. The $3 billion raised by these carbon taxes won’t go into government coffers, but will go back to Albertans through a rebate program and by building green infrastructure and public transit, the premier said.

edmontonjournal.com
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