Phil Tank: Sask. climate costs of $111 billion a wildly misleading sum

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Phil Tank: Sask. climate costs of $111 billion a wildly misleading sum
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Tank: 'The province used Moe math to concoct a number intended to inflame people and to justify any action the Saskatchewan Party government takes' skpoli

What raised eyebrows and the blood pressure of taxpayers was not the attempt to combat climate change — it was the price tag, a whopping $19 billion, nearly 20 times the city’s annual budget.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

That points to one of the reasons the Saskatchewan Party government’s estimate that federal climate policies could cost the provinceFirst, it’s worth noting the word “could” in that statement. Many will simply focus on the eye-popping estimate. So the overall estimate is misleading, but that extra $19.3 billion helped boost it above the $100-billion mark. And that’s what will get folks’ attention.Article content

Under these rules, the carbon intensity of gasoline and diesel must be cut annually; for example, the portion of ethanol in gasoline will be increased from 7.5 per cent to 10 per cent. Plus, reducing the carbon intensity of fuel hardly ranks as some sort of Canadian obsession — it’s happening all over the globe — and, importantly, in the United States, our largest trading partner. And the current 7.5 per cent ethanol mandate in Saskatchewan is a provincial rule.

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