Vol. 4, Issue 9
Free of Charge
Thursday, March 2, 2017
It’s showtime!
MORE THAN 100 STUDENTS at Great Lakes Secondary are ready to take the stage as singers, actors, comedians, dancers and stagehands for the 95th annual “Revue,” running March 2-4 in the auditorium. Showtime is 7:30 p.m. and all are welcome. It’s a busy weekend at the Wellington Street school, with a Sarnia Police Association basketball fundraiser featuring dunk star Jordan Kilganon on March 3. Game time is 6:20 p.m. with the dunk show starting at 7:10 p.m. GLENN OGILVIE, The Journal
Sarnia uneasy as carbon scheme enters next phase GEORGE MATHEWSON & TROY SHANTZ THE JOURNAL
S
arnia is in the crosshairs of Ontario’s new ‘Cap and Trade’ system and that’s casting a cloud of uncertainty over the entire local economy, officials of all stripes say. Some 24% of Ontario’s industrial greenhouse gas
(GHG) emissions are generated locally, led by some of the largest employers in Sarnia including Imperial Oil, Nova Chemicals and TransAlta. Facilities that generate more than 25,000 tonnes of GHG per year — there are at least 17 locally — are required to participate in cap and trade. “We are extremely con-
cerned about the impact this uncertainty and added cost will have on jobs and the economy,” said Shirley DaSilva, president of the Sarnia-Lambton Chamber of Commerce.
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“We are concerned that policy-makers don’t know the full impact cap and trade will have.” Large industrial facilities, which are the engine that drive the local economy, will eventually be forced to buy offsetting carbon credits. The fear locally is that the corporate owners of these facilities, saddled with ad-
ditional costs, could scale back operations or simply move to jurisdictions with lower or no carbon prices. The first auction of greenhouse gas allowances is scheduled for March 22, and the government intends to link with Quebec and California cap-and-trade markets in 2018.
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During the first compliance period, most large emitters will receive most of the allowances they require free-of-charge, the government says. But the number of allowances allocated each year will decrease, requiring companies to buy additional allowances at auction or sale.
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