Monday, July 29, 2019

QUEBEC GOV'T'S GREEN FUND A BOONDOGGLE

  Quebec’s green fund was created in 2006 as a way of collecting billions in revenues — in large part from the province’s version of a carbon tax — and redistributing the money towards initiatives to reduce greenhouse gas emissions.
   But the so-called green fund has been widely criticized as a boondoggle.  Instead of promoting projects with strict greenhouse gas emission targets, the fund became a buffet for the pet projects of various ministers, Charette said.
   Since its inception, almost $5.5 billion has been poured into the fund. And from the beginning, the program has been mismanaged, according to several reports from the province’s auditor general.

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