Business
Base Policies on Reality – Not Myths, Models, Misinformation and Fearmongering
From the Frontier Centre for Public Policy
Donald Trump and JD Vance have a mandate on energy, economic, immigration and other issues that won them 50% of popular, 58% of electoral and 82% of US county votes.
On January 20 they will begin tackling the numerous problems bequeathed them by the Biden-Harris Administration and Washington Deep State: illegal immigration of criminals, terrorists and opportunists; outrageous government spending by bloated federal agencies; wars and crises across the globe; and federal and state politicians and bureaucrats determined to slow or stymie their every move.
Mr. Trump will let the DOGE out, to cut government waste. Pundits and political pros are offering advice across the board. My suggestions center on the “climate crisis” and the destructive policies it has justified.
1. First and foremost, withdraw the United States from the 2015 Paris climate straitjacket. Its terms and subsequent agreements require that the USA and other industrialized nations switch from fossil fuels to “clean renewable” energy and de-modernize agricultural and other practices, to eliminate “greenhouse gas” (GHG) emissions. That would bring blackouts, de-industrialization and job losses.
It would also mean now-rich nations must pay developing countries $300 billion per year for climate damage “compensation” and renewable energy financing. But China, India and other developing countries need not cut emissions and will continue using coal, oil and natural gas in ever-increasing quantities, to modernize, create vibrant economies and lift more people out of poverty. That would mean even zero fossil fuel use by Western nations would not reduce global atmospheric GHG levels at all.
Better yet, send the Paris document to Congress for Article II Senate advice and two-thirds consent. President Obama’s sly move of calling this accord a mere “agreement” that required no Senate “treaty” review cannot be countenanced. Paris was among the most far-reaching, impactful agreements in US history. It affects our energy, economy, jobs, living standards, healthcare, national security and more. It’s a treaty and should be treated as such.
2. Equally important, eliminate the institutionalized junk science, assertions and fearmongering that fossil fuel use has caused an existential climate crisis for people and planet. Begin by re-examining the 2009 Obama Environmental Protection Agency “Endangerment Finding” that carbon dioxide “pollution” threatens the American people’s health and welfare.
Fossil fuels provide 80% of America’s energy; raw materials for thousands of petrochemical products; and the foundation of our economy, health and welfare. Their emissions certainly contribute to the 0.04% CO2 in Earth’s atmosphere, but this miracle molecule enables and spurs plant growth, thereby feeding the animal kingdom and making nearly all life possible.
EPA’s convoluted finding defied science and reality. It allowed the Obama and Biden Administrations to justify biased climate “research,” anti-fossil fuel regulations, sprawling wind and solar installations, and the transformation of America’s entire energy system and economy.
The Endangerment Decision was likely the most “major federal action” in US history, yet it has no real statutory basis. It clearly defies the Supreme Court’s decisions in West Virginia v. EPA, Chevron v. Natural Resources Defense Council and Loper Bright Enterprises, Inc., v. Raimondo.
EPA Administrator Lee Zeldin should direct the agency to formally and publicly reexamine the secretive process that EPA employed to ensure its “endangerment” decision – with no contrarian science, evidence, questions or public hearings permitted to challenge its preordained edict. A fair, balanced, scientific review would demolish the faulty Finding and bring the agency into compliance with SCOTUS rulings.
The President-elect’s appointment of energy and environmental “czars” and National Energy Council will build on those important steps, help restore reality and common sense to America’s energy and climate policies, rein in other Biden-era regulations and executive actions, and advance Mr. Trump’s promise of US energy dominance and economic resurgence.
Other actions the new Administration and Congress should take include the following.
3. Utilize the Congressional Review Act to reverse eleventh-hour Biden-Harris regulatory sprees – such as its ban on further coal leasing in the Powder River Basin.
4. Open all US non-National-Park areas for no/low impact evaluation and exploration, to identify prospects warranting more detailed assessments for critically needed metals and minerals. Most of these public land areas were deliberately made off-limits to such evaluations by Congress, courts and the Deep State, making it impossible to weigh surface values against potential for world-class subsurface deposits.
China’s recent ban on exports of several vital metals and minerals underscores yet again why America must not rely on adversaries for raw materials critical for US defense, aerospace, battery, AI, wind, solar and other industries – especially when those materials could be found and developed in America, under the world’s best pollution control and environmental protection rules, technologies and practices.
5. Reopen the Delaware-sized “coastal plain” of Alaska’s South-Carolina-sized Arctic National Wildlife Refuge for oil and gas leasing, exploration and drilling. Congressional legislation in 2017 explicitly allowed those activities, but President Biden unilaterally cancelled all leases and permits in 2023.
6. Require that applicants for climate change research and modeling grants demonstrate that their previous models and studies have been confirmed by actual temperature, drought and extreme weather data and evidence; and provide computer codes and analyses so that reviewers can view and evaluate their work.
7. Define “sustainability” to reflect complete global life-cycle raw material requirements, mining and processing needs and impacts, energy required to produce raw materials and manufacture energy and other systems, and land, air and water pollution resulting from all those activities. This will ensure that wind, solar, battery, electric vehicle and other technologies are not classified as “clean, renewable and sustainable” merely because they don’t emit CO2 or pollution after they start operating.
8. End subsidies and fast-track permitting for wind and solar installations – especially offshore wind, where raw material requirements and costs are many times higher than for onshore turbines and far more excessive than that for combined-cycle gas generators.
9. Require that wind and solar projects, and associated backup battery and transmission line projects, meet the same environmental review standards and requirements as required for oil, gas, coal and metals mining, and nuclear projects, regarding local, regional and global air and water pollution, land and habitat destruction, wildlife disturbance and loss, and post-project equipment removal and land reclamation.
Even better, cancel the entire offshore wind program. Its electricity is weather-dependent and ultra-expensive, threatens wildlife and fisheries, and requires unjustifiable amounts of raw materials.
10. Expand and streamline programs to bring new nuclear power plants online, especially small modular reactors – to meet rapidly expanding needs for abundant, reliable, affordable electricity for data centers, artificial intelligence, and increasingly electrified households, technologies and industries.
11. Terminate Diversity Equity Inclusion, Environment Social Governance, and Environmental and Climate Justice programs, offices and funding. They only serve as twisted justifications for arbitrarily selecting preferred companies and communities that are often less qualified to serve public health and safety.
There is much more to be done. But this is a solid beginning for reducing or eliminating needless, excessive and harmful pseudo science, grants, policies, practices and regulations – and restoring government of, by and for the People.
Paul Driessen is senior policy analyst for the Committee For A Constructive Tomorrow and author of books and articles on energy, environment, climate and human rights issues.
Business
Trudeau leaves office with worst economic growth record in recent Canadian history
From the Fraser Institute
By Ben Eisen
In the days following Prime Minister Justin Trudeau’s resignation as leader of the Liberal Party, there has been much ink spilt about his legacy. One effusively positive review of Trudeau’s tenure claimed that his successors “will be hard-pressed to improve on his economic track record.”
But this claim is difficult to square with the historical record, which shows the economic story of the Trudeau years has been one of dismal growth. Indeed, when the growth performance of Canada’s economy is properly measured, Trudeau has the worst record of any prime minister in recent history.
There’s no single perfect measure of economic success. However, growth in inflation-adjusted per-person GDP—an indicator of living standards and incomes—remains an important and broad measure. In short, it measures how quickly the economy is growing while adjusting for inflation and population growth.
Back when he was first running for prime minister in 2015, Trudeau recognized the importance of long-term economic growth, often pointing to slow growth under his predecessor Stephen Harper. On the campaign trail, Trudeau blasted Harper for having the “worst record on economic growth since R.B. Bennett in the depths of the Great Depression.”
And growth during the Harper years was indeed slow. The Harper government endured the 2008/09 global financial crisis and subsequent weak recovery, particularly in Ontario. During Harper’s tenure as prime minister, per-person GDP growth was 0.5 per cent annually—which is lower than his predecessors Brian Mulroney (0.8 per cent) and Jean Chrétien (2.4 per cent).
So, growth was weak under Harper, but Trudeau misdiagnosed the causes. Shortly after taking office, Trudeau said looser fiscal policy—with more spending, borrowing and bigger deficits—would help spur growth in Canada (and indeed around the world).
Trudeau’s government acted on this premise, boosting spending and running deficits—but Trudeau’s approach did not move the needle on growth. In fact, things went from bad to worse. Annual per-person GDP growth under Trudeau (0.3 per cent) was even worse than under Harper.
The reasons for weak economic growth (under Harper and Trudeau) are complicated. But when it comes to performance, there’s no disputing that Trudeau’s record is worse than any long-serving prime minister in recent history. According to our recent study published by the Fraser Institute, which compared the growth performance of the five most recent long-serving prime ministers, annual per-person GDP growth was highest under Chrétien followed by Martin, Mulroney, Harper and Justin Trudeau.
Of course, some defenders will blame COVID for Trudeau’s poor economic growth record, but you can’t reasonably blame the steep but relatively short pandemic-related recession for nearly a decade of stagnation.
There’s no single perfect measure of economic performance, but per-person inflation-adjusted economic growth is an important and widely-used measure of economic success and prosperity. Despite any claims to the contrary, Justin Trudeau’s legacy on economic growth is—in historical terms—dismal. All Canadians should hope that his successor has more success and oversees faster growth in the years ahead.
Business
Greenland Is A Strategic Goldmine
From the Daily Caller News Foundation
By John Teichert
President-elect Donald Trump recently snapped the gaze of the national security establishment to an often-overlooked geographical feature — Greenland.
Trump’s comments have been enough to start a long-overdue conversation about the semi-autonomous territory owned by Denmark, a landmass that retired Admiral James Stavridis, who served as the Supreme Allied Commander for NATO, has called “a strategic goldmine for the United States.” Stavridis was speaking both literally and figuratively.
Trump has likely done something that many of the so-called national security experts have never considered: He has looked down on a globe from the top. The traditional U.S.-centric view does not tell the full story nor provide the proper perspective. A top-down glance unveils key observations that reveal the wisdom of focusing on a geographic feature that has been brushed aside for far too long.
Greenland and the entire Arctic region are typically considered simply rugged and quaint. Yet, their significance must be properly elevated as a fundamental component of U.S. national security and economic interests. Trump has done just that.
A North-Pole-centered perspective reveals that Greenland is the largest geographical feature in the Arctic region. As a result, it holds oversized strategic significance in controlling land, sea, air, undersea and space domains for a substantial part of the planet. Proper utilization of the Greenland landmass creates opportunities for multi-faceted dominance of the entire region.
This same perspective reveals a massive trade route, given the right climatic conditions and ice-breaking capabilities. It provides a maritime shortcut between the East Coast and the West Coast of the United States, and similarly for trade between Europe and Asia.
The Houthis in Yemen have reminded the world of an important economic truth — the ability to shut down transit through a key trade route can have ripple effects on the global economy. Suffocating transit through the Red Sea has tripled the cost of shipping from Asia to the East Coast of the United States, enacting huge global inflationary pressures. These negative impacts would be dwarfed by a nation that could control and restrict transit through the Arctic Ocean.
The view from the North Pole also enlightens the viewer about the closer-than-expected proximity between Russia and North America. The protective buffer of the Atlantic Ocean does not tell the full story, and the distances between the United States and Canada and their Russian adversary are much shorter than would otherwise be understood.
Through this literal worldview, Greenland looms large in its significance. This is especially true when it is properly viewed as the primary barrier between Russia and the east coast of the United States. Such positioning provides the rationale for the United States Space Force’s posture on the island with its early warning radars and space control systems – situated to protect against strategic surprise.
Trump’s strong statements about proper economic and strategic utilization of Greenland have been informed by such strategic orientation. These statements are also a natural extension of his rightful insistence that European NATO members pay their fair share to meet collective defense requirements.
While the United States has a commendable 75-year history of supporting European and collective security, fair share also means that America’s European allies must support North American security. That starts with Greenland and continues with a robust strategic focus on the Arctic region.
None of this addresses the largely untapped and abundant natural resources in the Arctic region, from oil and natural gas to precious metals and rare earth minerals, which are desperately needed to sustain a thriving modern global economy. Calling it a goldmine is not hyperbole.
Not only have Trump’s comments gained our attention, but they have also captured the attention of Greenland’s Prime Minister Múte Egede. Egede has eagerly proclaimed that his territory is poised to enhance its collaboration with the United States regarding natural resources and security efforts.
Thus, with just a few words informed by a properly oriented security perspective, Trump has already motivated and cultivated a collaboration that could strike gold for American interests.
United States Air Force Brigadier General John Teichert (ret) is a prolific author and leading expert on foreign affairs and military strategy. He served as commander of Joint Base Andrews and Edwards Air Force Base, was the U.S. senior defense official to Iraq, and recently retired as the assistant deputy undersecretary of the Air Force, international affairs. General Teichert maintains a robust schedule of media engagements, and his activities can best be followed at johnteichert.com and on LinkedIn. General Teichert can be reached at [email protected].
-
Daily Caller1 day ago
‘This Is So Disgusting’: Joe Rogan Unloads On Gavin Newsom For ‘Creepy’ Behavior In Front Of Wildfire Wreckage
-
Business11 hours ago
Trump Talks To China Leader Xi Jinping About Several Topics As President-Elect Readies Himself For White House
-
Business2 days ago
Donald Trump appoints Mel Gibson, Sylvester Stallone as special ambassadors to Hollywood
-
Alberta12 hours ago
Before Trudeau Blames Alberta, Perhaps He Should Look in the Mirror
-
Brownstone Institute1 day ago
The Cure for Vaccine Skepticism
-
Brownstone Institute20 hours ago
It’s Time to Retire ‘Misinformation’
-
Daily Caller5 hours ago
Sweeping Deportations to Begin in Chicago Day After Inauguration
-
DEI1 day ago
Biden FBI shut down diversity office before Trump administration could review it