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sunshine list

Wednesday April 15, 2015

April 14, 2015 by Graeme MacKay

Wednesday April 15, 2015Editorial cartoon by Graeme MacKay, The Hamilton Spectator – Wednesday April 15, 2015

Like a carbon tax, but much worse

If you want to put a tax on greenhouse gas emissions, there’s an easy way to do it. You implement a carbon tax, like British Columbia did, and add it to the price of gasoline and other fossil fuels. The higher the emissions, the more tax people pay. Anyone can understand how it works.

Then there’s a second way, which is much more complicated and expensive. It requires a big bureaucracy to administer and is highly vulnerable to special interests. Lots can go wrong. In Europe, where they’ve been trying to get it right for a decade, it’s been an abject failure. This system is called cap and trade, and nobody but the experts can understand how it works.

Kathleen Wynne’s Ontario has chosen the second way. The fact that cap-and-trade schemes are incredibly opaque is considered a feature, not a bug. The government can swear it’s not a tax, even though the taxpayers will wind up paying for it anyway as industry passes on the extra cost.

Tuesday April 14, 2015Cap-and-trade schemes are supposed to encourage companies to find cleaner forms of energy. A cap is set on the amount of pollution each industry is allowed to emit. Individual businesses are then granted (or sold) permits to pollute. They can then buy or sell these permits on the open market. If they want to emit more pollution, they have to buy more permits, and vice versa. Finance people love carbon markets because there’s good money in it for them. (Source: Margaret Wente, Globe & Mail)

Posted in: Business, Ontario, Quebec Tagged: administration, bureaucracy, California, cap and trade, carbon tax, climate change, environment, industry, Jerry Brown, Kathleen Wylee, manufacturing, Ontario, Phillippe Couilliard, propaganda, Quebec, sunshine list

Friday, December 13, 2013

December 13, 2013 by Graeme MacKay

Friday, December 13, 2013By Graeme MacKay, The Hamilton Spectator – Friday, December 13, 2013

It pays to be an Executive working for the Ontario Government

Ontarians have for too long been the victims of a culture of entitlement at Ontario Power Generation, says Premier Kathleen Wynne.

She was reacting Wednesday to a scathing report from the provincial auditor general that slammed the utility for its overly generous salaries, bonuses and pensions.

“I am deeply concerned about what seems to be the culture in that organization, which is why changes are being made. We are going to bring in legislation to actually allow us to have more ability to control those compensation packages,” Wynne told reporters at Queen’s Park.

Ironically, she had just spoken to members of CARP, a senior advocacy group, about enhancements to the Canada Pension Plan.

Auditor general Bonnie Lysyk said the “very generous” compensation for senior staff at OPG, which was created after Ontario Hydro was broken up, is being passed on to ratepayers, who face a 42-per-cent rise in their electricity bills over the next five year.

Within hours of the damning report being delivered, Energy Minister Bob Chiarelli announced that three highly paid senior OPG executives were canned.

The compensation controversy is just the latest to hit the minority Liberal government bedevilled by a litany of spending problems, including the gas plants debacle that could cost taxpayers up to $1.1 billion. (Source: Toronto Star)

The governing Liberals confirmed Wednesday that ousted Ornge CEO Chris Mazza collected $9.3-million over six years at the province’s publicly funded air ambulance service.

The figure, which was recently reported, “is accurate,” Health Minister Deb Matthews said Wednesday after testifying at a legislative committee.

That includes salary, bonuses, expenses and other fees, she said. A summary sheet outlining what Mazza collected will be provided to the committee to “make it all clear.”

A legislative committee looking into the Ornge spending scandal had previously heard that Mazza made $1.4-million in a single year, on top of hefty loans totalling $1.2-million. (Source: Toronto Star)

Posted in: Ontario Tagged: Buffet, Deb Matthews, Editorial Cartoon, entitlements, executives, gluttony, Kathleen Wynne, Ontario, OPG, Ornge, salaries, sunshine list

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Please note…

This website contains satirical commentaries of current events going back several decades. Some readers may not share this sense of humour nor the opinions expressed by the artist. To understand editorial cartoons it is important to understand their effectiveness as a counterweight to power. It is presumed readers approach satire with a broad minded foundation and healthy knowledge of objective facts of the subjects depicted.

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