Opinion: Want fewer industrial emissions? Subsidize industry less

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Opinion: Want fewer industrial emissions? Subsidize industry less — via fpcomment

consumption in Quebec had fallen only three per cent between 1990 and 2020. Seeing this as a disappointing performance, multiple pundits and politicians have called for more government interventions on top of those that already exist.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

There’s an obvious built-in incentive to cut GHG emissions tied to energy consumption: finding more energy-efficient production methods means lower costs for firms and thus more profits. Which is why emissions are actually falling in most sectors. For example, they’re down 52 per cent in pulp and paper and 33 per cent in manufacturing, while in construction they’re stable. In chemical products, it’s true, they’re up – but from a very low starting point.

 

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fpcomment Plant more trees. Did nobody else not notice the correlation between increased industry and deforestation over at least the last century? Taxes and subsidies won't fix stupid.

fpcomment but what if you want more industry?

fpcomment Want higher utility bills, same advice

fpcomment Chomsky said a similar thing about US foreign policy under the second Bush administration: 'If you want to stop terrorism, first stop participating in it.'

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