An analysis by the Herald reveals most of the large emitters haven’t met the government’s mandated 12 per cent reduction in their emissions intensity (per unit of production).
Instead, they’ll be forced to write cheques totalling tens of millions of dollars to meet their reductions — either by purchasing carbon offset credits or investing in the government’s technology fund, which is designed to make future energy production greener.
For consumers, one thing is clear: the millions of dollars in additional environmental costs will trickle down to Albertans at the gasoline pumps and on power bills.
Read the story here:
http://www.canada.com/calgaryherald/news/story.html?id=b1f93177-7e00-4ec4-b69f-17306457fb3d&k=36778