Been living in and around the Toronto area in Canada for over the past 5 years and the province of Ontario has had a Cap and Trade system for at least the past 2-3 years I believe. It’s been working quite well, it is in partnership with Quebec and California. The incumbent liberal (centre left) party just got booted after around 18 years of governing by the conservatives led by the late Rob Ford’s brother who is a wannabe Trump-lite.
One of the first things this fool has done is to scrap the cap 'n trade system which will trigger the provincial government to fork out perhaps billions of dollars to buy park permits which are now worthless at previous market rates when he could have just waited a few more years and done it for free when the agreement was up for renewal.
On top of this, the Trudeau federal government is imposing a federal carbon tax and any province which does not have its own remissions reduction policy will have the federal plan foisted upon them. So ol’ Douggie Ford is looking like a right idiot, and is doubling down on his idiocy by threatening to take the Feds to court if they impose the tax (which all constitutional lawyers have said he will lose and cost the province many more millions of dollars). He’s supported by other conservative leaders in resource-rich provinces such as Saskatchewan.
The amazing thing about all of this is that the imbecile has no alternative policy. What is it with conservatives and CC and their lack of strategy to combat it? I guess it just comes down to the fact that they genuinely don’t believe in it. Any bluster that I hear about regulations and what not is just pure BS as Government regulation is the very antithesis of a typical Conservative