Digging down Ontario’s cap and trade plan

With Premier Kathleen Wynne announcing yet again on Friday that Ontario will join the California/Quebec cap and trade carbon pricing market Jan. 1 — today, let’s consider some important questions.

For example, will it work? Will it effectively lower Ontario’s industrial greenhouse gas emissions linked to climate change, given that we’re paying for it?

The government says cap and trade will cost the average Ontario household $156 this year alone

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