Re: Kyoto Accord |
In “Just so much hot air” (Jan. 14), Ezra Levant criticizes Kyoto as being “a foreign aid treaty” because emissions trading will transfer funds from Canada to the Third World. However, Levant does not explain why, in seeking to reduce global emissions into the world's atmosphere, it matters whether Canada reduces emissions within its own borders or reduces them in other countries at a lower cost by buying credits. It was proponents of Levant's free-market philosophy, not environmentalists, who demanded that Kyoto be implemented with emissions trading so that pollution could be abated in the cheapest and most efficient manner. It is ironic that Levant and others on the political right are now targeting emissions trading in their attacks on Kyoto.