Why Am I Not Surprised?Kyoto turns out to be costing Canada
far more than expected:
"It's a political horror show," one official said, noting that it was only last month Finance Minister Ralph Goodale presented Parliament with a budget allocating $5-billion over the next five years to the Kyoto plan and other environmental programs.
"This is a big issue for ministers because it's a big fiscal issue," another official said.
Ministers on a special cabinet committee tackling Kyoto have been warned by bureaucrats from Environment Canada and Natural Resources Canada that Ottawa could end up spending billions of dollars of the total Kyoto bill to buy credits for greenhouse gas reductions made outside Canada in order to meet Kyoto targets.