Business
Carbon tax, not carve out, Trudeau’s real failure

From the Canadian Taxpayers Federation
Author: Franco Terrazzano
Prime Minister Justin Trudeau stepped in it when he removed the carbon tax from furnace oil, while leaving 97 per cent of Canadians out in the cold.
Even in Atlantic Canada, where Trudeau tried to buy off MPs with the carve out, 77 per cent of people in the region support carbon tax relief for everyone.
But Trudeau’s mistake wasn’t providing relief. The real lesson here is Trudeau never won the hearts and minds of Canadians. And he lost credibility early on.
Months before the 2019 election, the former environment minister said the government had “no intention” of raising the carbon tax beyond 11 cents per litre of gas.
After the election, Trudeau announced he would keep cranking up his carbon tax until it reached 37 cents per litre.
Trudeau and his ministers repeat the myth that eight-out-of-ten families get more money in rebates than they pay in carbon taxes.
Their favourite talking point limps on despite the obvious reality that a government can’t raise taxes, skim money off the top to pay for hundreds of administration bureaucrats and still make everyone better off.
In fact, the carbon tax will cost the average family up to $710 more than they get back in rebates this year, according to the Parliamentary Budget Officer.
The government said carbon taxes reduce emissions.
But even in British Columbia, which had the first and (for years) costliest carbon tax, emissions rose. B.C. imposed its carbon tax in 2008. B.C.’s emissions have increased between 2007 and 2019 – the last year before the pandemic brought economic activity to a screeching halt.
And even if the carbon tax cut emissions at home, “Canada’s own emissions are not large enough to materially impact climate change,” as the PBO explains.
Making it more expensive to live in Canada won’t reduce emissions in China, Russia, India or the United States. And this leads to Trudeau’s diplomatic failure.
At the United Nations, the Trudeau government launched the Global Carbon Pricing Challenge to get more countries to impose carbon taxes.
“The impact and effectiveness of carbon pricing increases as more countries adopt pricing solutions,” the Trudeau government acknowledged.
The world’s largest economy, the United States, rejects carbon taxes.
President Joe Biden, a Democrat, hasn’t imposed a carbon tax. Good luck convincing a Republican president to impose one.
The U.S. is the rule, not the exception.
About three-quarters of countries don’t have a national carbon tax, according to the World Bank’s Carbon Pricing Dashboard.
And while Trudeau raised taxes, peers like the United Kingdom, Sweden, Australia, South Korea, the Netherlands, Germany, Norway, Ireland, India, Israel, Italy, New Zealand and Portugal, among others, cut fuel taxes.
If Canada’s carbon tax is essential for the environment, shouldn’t all taxpayers pay the same rate?
A driver in Alberta pays a carbon tax of 14 cent per litre of gas. In Quebec, the carbon tax is about 12 cents. By 2030, that gap will grow to more than 14 cents per litre.
Quebec’s special deal proves Trudeau’s carbon tax is about politics, not the environment.
When crafting the carbon tax, the government never truly asked the people what they thought. Everyone wants a better environment. You won’t find opposition to that.
But did anyone ask Canadians if they support a carbon tax even if it means average families will lose hundreds of dollars every year? Did anyone ask Canadians if they support a carbon tax even though most countries don’t?
Trudeau is displaying rank regional favouritism. But his real mistake wasn’t the carve out that favoured Atlantic Canada. It’s that he never won the hearts and minds of the people and failed to acknowledge carbon taxes cause real pain.
Banks
Wall Street Clings To Green Coercion As Trump Unleashes American Energy

From the Daily Caller News Foundation
By Jason Isaac
The Trump administration’s recent move to revoke Biden-era restrictions on energy development in Alaska’s North Slope—especially in the Arctic National Wildlife Refuge (ANWR)—is a long-overdue correction that prioritizes American prosperity and energy security. This regulatory reset rightly acknowledges what Alaska’s Native communities have long known: responsible energy development offers a path to economic empowerment and self-determination.
But while Washington’s red tape may be unraveling, a more insidious blockade remains firmly in place: Wall Street.
Despite the Trump administration’s restoration of rational permitting processes, major banks and insurance companies continue to collude in starving projects of the capital and risk management services they need. The left’s “debanking” strategy—originally a tactic to pressure gun makers and disfavored industries—is now being weaponized against American energy companies operating in ANWR and similar regions.
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This quiet embargo began years ago, when JPMorgan Chase, America’s largest bank, declared in 2020 that it would no longer fund oil and gas development in the Arctic, including ANWR. Others quickly followed: Goldman Sachs, Wells Fargo, and Citigroup now all reject Arctic energy projects—effectively shutting down access to capital for an entire region.
Insurers have joined the pile-on. Swiss Re, AIG, and AXIS Capital all publicly stated they would no longer insure drilling in ANWR. In 2023, Chubb became the first U.S.-based insurer to formalize its Arctic ban.
These policies are not merely misguided—they are dangerous. They hand America’s energy future over to OPEC, China, and hostile regimes. They reduce competition, drive up prices, and kneecap the very domestic production that once made the U.S. energy independent.
This isn’t just a theoretical concern. I’ve experienced this discrimination firsthand.
In February 2025, The Hartford notified the American Energy Institute—an educational nonprofit I lead—that it would not renew our insurance policy. The reason? Not risk. Not claims. Not underwriting. The Hartford cited our Facebook page.
“The reason for nonrenewal is we have learned from your Facebook page that your operations include Trade association involved in promoting social/political causes related to energy production. This is not an acceptable exposure under The Hartford’s Small Commercial business segment’s guidelines.”
That’s a direct quote from their nonrenewal notice.
Let’s be clear: The Hartford didn’t drop us for anything we did—they dropped us for what we believe. Our unacceptable “exposure” is telling the truth about the importance of affordable and reliable energy to modern life, and standing up to ESG orthodoxy. We are being punished not for risk, but for advocacy.
This is financial discrimination, pure and simple. What we’re seeing is the private-sector enforcement of political ideology through the strategic denial of access to financial services. It’s ESG—Environmental, Social, and Governance—gone full Orwell.
Banks, insurers, and asset managers may claim these decisions are about “climate risk,” but they rarely apply the same scrutiny to regimes like Venezuela or China, where environmental and human rights abuses are rampant. The issue is not risk. The issue is control.
By shutting out projects in ANWR, Wall Street ensures that even if federal regulators step back, their ESG-aligned agenda still moves forward—through corporate pressure, shareholder resolutions, and selective financial access. This is how ideology replaces democracy.
While the Trump administration deserves praise for removing federal barriers, the fight for energy freedom continues. Policymakers must hold financial institutions accountable for ideological discrimination and protect access to banking and insurance services for all lawful businesses.
Texas has already taken steps by divesting from anti-energy financial firms. Other states should follow, enforcing anti-discrimination laws and leveraging state contracts to ensure fair treatment.
But public pressure matters too. Americans need to know what’s happening behind the curtain of ESG. The green financial complex is not just virtue-signaling—it’s a form of economic coercion designed to override public policy and undermine U.S. sovereignty.
The regulatory shackles may be coming off, but the private-sector blockade remains. As long as banks and insurers collude to deny access to capital and risk protection for projects in ANWR and beyond, America’s energy independence will remain under threat.
We need to call out this hypocrisy. We need to expose it. And we need to fight it—before we lose not just our energy freedom, but our economic prosperity.
The Honorable Jason Isaac is the Founder and CEO of the American Energy Institute. He previously served four terms in the Texas House of Representatives.
Automotive
Tesla Vandals Keep Running Into The Same Problem … Cameras

From the Daily Caller News Foundation
By Hudson Crozier
People damaging Teslas in anger toward their owners and Elon Musk aren’t picking up on the fact that the vehicles have multiple cameras capable of catching them in the act.
At least nine perpetrators have been caught on video keying, writing graffiti or otherwise defacing Tesla vehicles in parking lots across the U.S. in the month of March alone. Most have led to an arrest or warrant based partly on the footage, which Tesla’s “Sentry Mode” automatically films from the side of the unattended vehicle when it detects human activity nearby.
“Smile, you’re on camera,” Tesla warned in a March 20 X post about its Sentry Mode feature. Musk’s company has been working to upgrade Sentry Mode so that the vehicles will soon blast music at full volume when vandals attack it. The camera system, however, has not stopped an increasing number of vandals from singling out Tesla owners, usually in protest of Musk’s work in the Trump administration for the Department of Government Efficiency (DOGE).
One incident happened on March 29, the same day leftists coordinated protests around the country for a “Global Day of Action” against Musk. That Saturday also saw alleged instances of violence at protests. The demonstrations stemmed from an online call to action by groups such as the Disruption Project, which encourages activists to foment “uprisings,” find a “target’s” home address and other confrontational tactics.
Tesla’s press team did not respond to a request for comment.
One man allegedly caught on camera keying a Tesla SUV on March 24 apologized to the owner who confronted him in a parking lot in Pennsylvania, police and media reports said. The man faces charges of criminal mischief, harassment and disorderly conduct for allegedly carving a swastika onto the vehicle.
“I have nothing against your car, and I have nothing against you,” the suspect said while the owner filmed him in the parking lot. “Obviously, I have something against Elon Musk.” The man called his own behavior “misguided.”
The defendant’s lawyer told Fox News his “client is a proud father, long-time resident, and is currently undergoing cancer treatment” and that he would not comment publicly “pending the outcome of the case.”
One of the most aggressive acts caught by Sentry Mode was in the case of a man who drove an ATV-style vehicle into a Tesla on March 25. Texas police identified the man as Demarqeyun Marquize Cox, arrested him and said he allegedly gave two other nearby Teslas the same treatment while also writing “Elon” on them. The public defender office representing Cox did not respond to a voicemail from the Daily Caller News Foundation.
Tesla cameras also caught three other people in Florida, Texas and Arizona keying and smearing bubble gum on the vehicles in March. The three suspects named by police do not have attorneys listed in county records available for contact.
Many of the vandalism cases since Trump’s return have reportedly caused thousands of dollars in damage for individual owners. For example, the bubble gum incident in Florida brought $2,623.66 in costs, while another keying incident in Minnesota brought $3,200.
Some reported attacks on Tesla vehicles and chargers have gotten the attention of federal law enforcement, including cases of alleged firebombing or shooting.
Two other suspected vandals in New York, one in Minnesota and one in Mississippi have reportedly avoided arrest for now — with one owner declining to press charges — but were all seen on the Teslas’ cameras scratching up the vehicles. Police identified the Mississippi suspect as an illegal migrant from Cuba.
One Tesla owner in North Dakota ridiculed a man who allegedly carved the letter “F” into his Cybertruck in a Costco parking lot — as seen on the Cybertruck’s camera. The defendant faces charges of criminal mischief, and county records say he is representing himself in court.
“I can’t believe this guy is potentially ruining his life to follow a political ideology,” the owner told WDAY News.
“If you’re going to vandalize these vehicles, you’re going to get caught,” the owner said.
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