Country 105

Country 105


Agriculture Report

Federal Carbon Price Criticized

By Fadi Didi

The president of the CFA says it will hurt international competitiveness.


Length: 1:03

The president of the Canadian Federation of Agriculture says the federal carbon price could increase costs for Canadian farmers who must burn fossil fuel to plant and harvest their crops.
     
Ron Bonnett says that will hurt international competitiveness.
     
He's calling on the government to consult with the industry before implementation in 2018.
     
He says farmers could benefit from the policy if they are able to sell carbon credits from farming practices that sequester carbon or result in reductions in greenhouse gas emissions.

>>>>

A blue-chip group of economists says federal and provincial government biofuel subsidies are an expensive experiment and it's time to let them expire.
    
A study released by Canada's Ecofiscal Commission finds that ethanol and biodiesel policies cost consumers and governments about 640 million dollars a year.
    
That's while cutting Canada's greenhouse gas emissions by about three million tonnes annually.
    
The report says that every tonne of carbon dioxide reduced by using ethanol costs at least 180 dollars while biodiesel reductions cost at least 128 dollars.

>>>>

 


Bayshore Broadcasting Corporation
© 2018 Bayshore Broadcasting Corporation

Web Site by Websmart Inc