Liberals pass cap and trade tax law and you will pay

The guessing game about how much it will cost ordinary residents to pay for the provincial cap-and-trade legislation is ranging somewhere around $14 or $15 a month on this day when the Legislature passed the law. It is diabolically difficult to know just what the horse trading in fossil fuel “credits” will really accomplish. To many it seems like a tax on oxygen. Regardless, it is the law of Ontario and people will see it in their fuel bills both at home and at service stations. The Star says Ontario’s economic growth will be dragged down 0.03 percent from 11 per cent to maybe 10.97 per cent through to 2020.

NATURAL GAS?

Still out there is the government’s grand climate change plan which reports have said sees the end of natural gas in home heating by 2030. Today the government was vigorously denying there would be police poking around homes to see how they are heated. Very funny. But there is no blanket denial of such a scheme. The vague nature of the Liberal position on enforced gas reduction remains a source of anxiety among homeowners, 80 per cent of whom use gas.