Canada’s ‘Business Friendly’ Kyoto Strategy – Canada’s revamped strategy includes billions in incentives and subsidies to business and consumers.

Ottawa to revamp Kyoto strategy

Ottawa is considering a five-year package of more than $2.4-billion in carrot-like tax incentives and subsidies as a means of convincing business and consumers to curb Canada’s output of greenhouse gases under the Kyoto accord, documents obtained by The Globe and Mail indicate.

The measures — still under debate — are part of an attempt by Prime Minister Paul Martin’s government to produce a more business-friendly Kyoto plan than the previous 2002 blueprint, which alienated much of corporate Canada and energy-rich provinces such as Alberta.

By STEVEN CHASE
From Monday’s Globe and Mail

Full Story: http://www.theglobeandmail.com/servlet/story/RTGAM.20050131.wxrkyot0131/BNStory/Front