Carbon Tax / Emissions / Climate Change –

Canada By: Paul Young, CPA, CGA

Disclaimer• This presentation when it comes carbon tax/pricing/emission/climate

change.

Paul Young - Presenter

Bio• CPA/CGA• 25 years of experience in Academia, Industry and Financial solutions• Youtube Channel -

https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg

Agenda• Summary• Key Sectors• Analysis by major Groups• By Province / Territory• PMI Index

BC Carbon Tax

BC Carbon Tax Program

BC Carbon Tax – Natural Gas

Alberta - Revenues

AB Carbon Pricing

Carbon Tax Fund / Results

Alberta Carbon Tax Investments

Quebec

Ontario Proposed Carbon Taxes

Impact at the pump (Ontario)

• Yet there are no comments from people to why the Greenpeace director spoke out about radical views of Greenpeace, why? http://www.youtube.com/watch?v=cA6WZ4SX_-0• Yet we have people like Butts that will start at nothing to have no carbon in Canada: http://www.youtube.com/watch?v=zrdSCKDR5-Y. JT does support keystone

http://www.youtube.com/watch?v=ViTIdnDJPj0 So, where do the LPC stand on oil shipments? It appears to me that LPC only interested in pipelines that do not touch LPC held areas!!

• Here is what leading scientist said about UN and Climate Change: http://www.sunnewsnetwork.ca/sunnews/canada/archives/2014/12/20141213-105217.html• http://notrickszone.com/2014/12/12/harvard-astrophysicist-2014-hottest-year-claim-a-prostitution-of-science-global-warming-sorrowfully-exaggerated/• Ocean Trends - http://www.cfact.org/2014/12/22/what-if-obamas-climate-change-policies-are-based-on-phraud/• The Weather Channel - http://viral.buzz/video-there-is-no-global-warming-says-founder-and-former-ceo-of-the-weather-channel/• It seems to me that Canada emissions are not the issue as compare to elsewhere in the World:

http://business.financialpost.com/2014/11/27/new-emissions-from-canadas-oil-sands-extremely-low-says-ieas-chief-economist/?__lsa=7cb9-37c0• http://www.wri.org/blog/2014/11/6-graphs-explain-world%E2%80%99s-top-10-emitters. How would a carbon tax help reduced emissions in Canada or make an impact on

countries like India/China/USA? It seems to me that your party does not live in reality to big issues facing Canada, especially the economy and/or how big emitters have done little to curb greenhouse gases. So, is your party going to look at a carbon tax on items coming from China, India and USA?

• Here is the BC results of their Carbon Tax• http://blogs.theprovince.com/2014/12/04/kenneth-green-carbon-taxes-take-big-bite-out-of-your-wallet/• Provincial and Consumers Impact: http://www.slideshare.net/paulyoungcga/carbon-tax-canada-and-its-provinces• http://www.dailymail.co.uk/sciencetech/article-2738653/Stunning-satellite-images-summer-ice-cap-thicker-covers-1-7million-square-kilometres-MORE-2-years-ago-despite-

Al-Gore-s-prediction-ICE-FREE-now.html• GHG - https://www.youtube.com/watch?v=gMvCb-pWJsk• https://www.youtube.com/watch?v=C35pasCr6KI• https://www.youtube.com/watch?v=lQKgRz1XL_c • http://fairquestions.typepad.com/rethink_campaigns/28-usa-grants-to-dsf-for-more-than-100-thousand.html• https://www.youtube.com/watch?v=zdMwQ7QsNcI • Mexico - http://mexiconewsdaily.com/news/mexico-ranks-95th-on-corruption-index/ or

http://www.bloomberg.com/news/articles/2015-03-27/mexico-pledges-25-cut-in-greenhouse-gas-emissions-growth • Climate Change - https://www.youtube.com/watch?v=uCrIpSzFwho

Alberta / emission• http://www.plant.ca/general/alberta-rolling-climate-change-legislatio

n-3b-carbon-tax-156692/?utm_source=CPLT&utm_medium=email&utm_campaign=CPLT-EN03082016

or• http://www.torontosun.com/2015/07/15/carbon-pricing-prolongs-a-r

ecession

Ontario / Cap and Trade• http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resour

ces/ontarios-cap-and-trade-fraught-with-regulatory-and-market-challenges/article30274346/

• However, critics are warning that Premier Kathleen Wynne’s government is imposing stultifying regulations on the very market that it is counting on to deliver low-cost reductions, even as California policy makers are being forced to reassess their own cap-and-trade system after a recent auction of allowances was dramatically undersubscribed.

• Getting it right is critical for the country’s largest economy, which has already taken a big hit to its industrial base from the recession and competitiveness challenges.

• Toronto’s financial sector could emerge as a major trading centre for the North American carbon markets. “Given we are going to have an Ontario cap-and-trade, everybody should see this as an opportunity for Toronto and Ontario to be at the forefront of this climate market,” said RBC Dominion Securities’ Mr. Radik, who trades emission credits from Europe, the Western Climate Initiative, and a northeastern U.S. states’ electricity market.

Links• Pricing 101 -

http://www.slideshare.net/paulyoungcga/cap-and-trade-emissions-carbon-tax-or-carbon-pricing-101• http://www.slideshare.net/paulyoungcga/carbon-tax-or-carbon-pricin

g-impact-on-consumer-good-prices-for-canada