The Canadian Press

2015-04-13 | Ont Que Cap and Trade

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Premier Kathleen Wynne admits gasoline prices will rise up to 3.5-cents a litre after Ontario adopts a so-called cap-and-trade plan to curb greenhouse gas emissions. Wynne says cap-and-trade is a more flexible way to battle climate change than a carbon tax like British Columbia introduced. (Wynne says right now, companies are allowed to spew pollutants into the atmosphere for free, but says everyone is paying the costs of climate change.)

Date: 2015-04-13
Placeline: TORONTO.
Source: The Canadian Press
Length: 16 seconds

Transcript Prediction: << cap and trade allows us to do is look sector-by-sector so it is flexible in the sense that carbon tax is not because as a regulation there if they're blunt or instruments what cap-and-trade does is it allows that allows industry to innovate sector-by-sector >>


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