The Globe and Mail has reported that, "Stephen Harper's Conservative government has called for a joint Canada-U.S. pact on greenhouse-gas emissions and energy security, in part to ensure that the oil sands are not hit by punishing U.S. regulations under Mr. Obama's environment-conscious administration."
THE HARPER PLAN
Yesterday Environment Minister Jim Prentice spoke of this plan to the House of Commons environment committee.
CBC reports that, "That plan would impose regulations — caps — on industries in selected sectors, forcing them to reduce their emissions intensity. If their emissions were over the target, they could buy domestic offsets or credits from other companies whose emissions were below target."
The Globe has reported that, "Mr. Prentice insisted that he's not trying to carve out an exemption for the oil sands. But he said he wants Canada's oil industry to get the same kind of credit for efforts to make the transition to less-polluting production that the U.S. will have to give to its coal-burning power plants."