Monday, March 2, 2009

"Cap and trade" climate change plan coming in spring session, gov't says

By James Wood, TheStarPhoenix.com

REGINA — The Saskatchewan Party government will move forward with a climate change plan similar to Alberta’s levy on polluters, even as a national cap and trade system appears a near certainty.

The government’s own timeline for its plan — with a centerpiece “technology fund” — is to be released before the end of the legislative session in May.

“We’ll have targets and for those industries and companies that are unable to meet them, they’d pay into the fund and then that money would be turned around. Part of it would go into research and development and the rest would go back to industry to help them actually install or implement the technologies to reduce their emissions,” Environment Minister Nancy Heppner said Thursday.

Read More from WOODS HERE

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