Business
UN’s COP29 conference pledges $300 billion a year for ‘climate change’ in third world nations to help them transition to alternative energy
COP29 International Climate Change Event Concept. Baku, Azerbaijan
From LifeSiteNews
The deal may already be moot with Donald Trump returning to the White House
The international COP29 conference finished over the weekend with multinational pledges to spend billions of dollars over the next decade combating “climate change” in third world nations, amid expectations that the agreement will be rendered moot by former President Donald Trump’s return to the White House.
Just the News reports that the conference, among the almost 200 nations who signed onto the United Nations Framework Convention on Climate Change in 1992, ended with a mutual commitment to spend $300 billion every year until 2035 helping poor countries mitigate the so-called effects of “climate change” and transition to alternative energy.
India representative Chandni Raina wanted the conference to commit to $1.3 trillion a year, and lamented $300 billion as “abysmally poor” and a “paltry sum” that would not suffice to “address the enormity of the challenge we all face.”
Another group in attendance, the America-based Committee For A Constructive Tomorrow (CFACT), had a very different conclusion, as CFACT dissents from the green agenda of the international establishment.
“Nations such as China and India are given a pass on emissions reductions and paying out funds,” noted CFACT’s Craig Rucker. “This, despite the fact that China is the world’s number one emitter of greenhouse gases and boasts the second largest economy, while India’s economy is all the way up at number five.”
Regardless, the conference’s deliberations may already be moot, as Trump is widely expected to withdraw the United States from the Paris Climate Agreement upon resuming office in January, which in turn would eliminate America’s share of the funding for COP29.
Trump formally pulled out of the Paris accords in August 2017, the first year of his first term, with then-U.S. Ambassador to the United Nations Nikki Haley stating that the administration would be “open to re-engaging in the Paris Agreement if the United States can identify terms that are more favorable to it, its business, its workers, its people, and its taxpayers.”
Such terms were never reached, however, leaving America out until Trump’s successor, outgoing President Joe Biden, re-committed the nation to the Paris Agreement on the first day of his presidency, obligating U.S. policy to new economic regulations to cut carbon emissions.
In June, the Trump campaign confirmed Trump’s intentions to withdraw from Paris again. At the time, Trump’s team was reportedly mulling a number of non-finalized drafts of executive orders to do so.
Left-wing consternation on the matter is based on certitude in “anthropogenic global warming” (AGW) or “climate change,” the thesis that human activity, rather than natural phenomena, is primarily responsible for Earth’s changing climate and that such trends pose a danger to the planet in the form of rising sea levels and weather instability.
Activists have long claimed there is a “97 percent scientific consensus” in favor of AGW, but that number comes from a distortion of an overview of 11,944 papers from peer-reviewed journals, 66.4 percent of which expressed no opinion on the question; in fact, many of the authors identified with the AGW “consensus” later spoke out to say their positions had been misrepresented.
AGW proponents suffered a blow in 2010 with the discovery that their leading researchers at the Intergovernmental Panel on Climate Change, East Anglia Climate Research Unit, and National Oceanic and Atmospheric Administration had engaged in widespread data manipulation, flawed climate models, misrepresentation of sources, and suppression of dissenting findings in order to make the so-called “settled science” say what climate activists wanted it to.
Business
While Canada’s population explodes, the federal workforce grows even faster
From the Fraser Institute
By Ben Eisen and Milagros Palacios
Hiring by the federal government in excess of population growth cost taxpayers $7.5 billion in 2022/23.
The federal workforce has grown more rapidly than the Canadian population starting in 2015/16, imposing significant costs on taxpayers, finds a new study published by the Fraser Institute, an independent, non-partisan Canadian public policy think tank.
Federal government employment has grown significantly faster than the Canadian population starting in 2015/16, and we’re already seeing the consequences,” said Ben Eisen, senior fellow at the Fraser Institute and author of Growing Government Workforce Puts Pressure on Federal Finances, the first in a series of studies on federal reform.
The study finds that between 2015/16 and 2022/23, the latest year of data available, the number of full-time federal workers has increased by 26.1 per cent compared to growth in the overall Canadian population of 9.1 per cent.
“Growth in federal employment has almost tripled the rate of population growth since 2015/16, which is simply unsustainable” commented Eisen.
How much will this growth in government cost Canadian taxpayers?
According to the study, if federal hiring had simply kept pace with the rate of Canada’s population growth taxpayers would have saved $7.5 billion.
The reduced spending on federal employees would lower the federal deficit, which is expected to exceed $35.3 billion in 2022/23.
“The growth in the number of federal employees has been a major contributor to the growth in federal government spending and the size of deficits in recent years,” Eisen said.
- The Canadian federal government workforce has grown more rapidly than the Canadian population starting in 2015/16, imposing significant costs on taxpayers.
- In fact, between 2015/16 and 2022/23, the latest year of data available, the number of full-time federal government workers has increased by 26.1 per cent, compared to growth in the overall Canadian population of 9.1 per cent.
- If federal hiring had simply kept pace with the rate of Canada’s population growth taxpayers would have saved $7.5 billion.
- The reduced spending on federal employees would lower the federal deficit, which is expected to exceed $35.3 billion in 2022/23.
Business
From Smug to Subservient, Justin Trudeau Bows to MAGA Realities at Mar-a-Lago
After years of mocking Trump and betting on a woke Washington, Trudeau now finds himself groveling to save Canada’s economy from MAGA’s hardball tactics.
Justin Trudeau has spent years mocking and deriding the MAGA movement, banking on a continuation of woke, progressive leadership in Washington. He bet everything on a Kamala Harris presidency, believing the days of Donald Trump’s America-first agenda were a distant memory. Now, with Trump back in office, Trudeau finds himself groveling at Mar-a-Lago, trying to salvage what’s left of Canada’s crumbling economic future.
This is the same Justin Trudeau who painted MAGA as a dangerous fringe movement, aligning himself with global elites and lecturing Americans on their supposed moral failings. He openly scoffed at Trump’s tariffs, his immigration policies, and his tough-on-China stance. Trudeau’s bet? That a Democrat-controlled America would reward his sycophantic pandering with favorable trade deals and continued subsidies for his progressive fantasies.
But Trudeau’s gamble failed. Trump is back, and Trudeau’s entire house of cards is collapsing. Canada’s economy, propped up by unfair trade advantages and U.S. energy consumption, is suddenly exposed. The 25% tariff threat on Canadian imports has Trudeau scrambling, not with bold leadership, but with empty promises and nervous laughter at Mar-a-Lago.
In a moment of pure irony, Trudeau, who once lectured Trump about values, now finds himself kneeling to kiss the ring. MAGA, what? Gone is the smug defiance, replaced by desperate platitudes about border security and economic cooperation. But let’s be clear: Trudeau isn’t there to protect Canadian interests; he’s there to save face. His government is woefully unprepared for Trump’s hardball tactics, and the Prime Minister’s office knows it.
During a recent dinner at Mar-a-Lago, President-elect Donald Trump reportedly suggested that Canada could become the 51st U.S. state if it couldn’t handle the economic impact of proposed tariffs. This remark came after Prime Minister Justin Trudeau expressed concerns that a 25% tariff on Canadian imports would “kill” Canada’s economy.
Trump’s comment underscores the significant economic interdependence between the two nations. In 2022, trade between the U.S. and Canada exceeded $900 billion, with the U.S. accounting for 63.4% of Canada’s global trade. This deep economic integration means that shifts in U.S. trade policy can have profound effects on Canada’s economy.
Trump’s quip about Canada becoming the “51st state” wasn’t just a joke; it was a power move, a reminder of who holds the cards in this relationship. While Trudeau nervously laughed, the message was clear: Canada needs the U.S. far more than the U.S. needs Canada. Trudeau’s weakness has brought us here. Instead of securing energy independence, he’s strangled Alberta’s oil industry with crippling regulations. Instead of standing up to China, he’s kowtowed to Beijing while relying on U.S. trade to keep his agenda afloat.
And now, Trudeau is at the mercy of a man he spent years mocking. Trump’s tariffs are a direct consequence of Trudeau’s inability to lead. His failure to address illegal immigration and the fentanyl crisis has made Canada not just a bad neighbor, but a liability.
Trudeau’s Liberals have always been more concerned with appearances than action, more focused on virtue signaling than real governance. But now, the bill has come due. And the man holding the ledger is none other than Donald J. Trump.
So here we are: Justin Trudeau, the woke globalist, reduced to pleading for mercy at Mar-a-Lago. His smugness replaced by desperation, his rhetoric exposed as hollow. MAGA what, indeed.
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