Economy
FORCE, FORCE, FORCE! – The Green Army Will Keep Pushing Unrealistic Energy Transition in 2025 Despite “Reality”

From EnergyNow.ca
By Irina Slav
The facts behind energy transition are so staggeringly counter to common sense that the only way to achieve them is by force, and the only path ahead is failure.
I was going to wrap this eventful year with a nice little post of gratitude but, as usual, the news flow has forced me to revise my plans. So much has happened in the last week days failing to report on it would be a real shame. You may want to put down the hot beverage or, then again, not put it down, you’re the master of you.
A few years ago, during some election campaign or other — we’ve had so many it’s hard to keep track — one of the most popular parties in Bulgaria chose as its slogan “Work, work, work!” Naturally, the slogan became the butt of many jokes almost immediately.
More recently, we were graced with the “Fight! Fight! Fight!” adage from the Trump campaign that was nowhere near as amusing. It also worked. Meanwhile, the transition army is moving fast towards a “Force! Force! Force!” stage in its efforts to keep the green ball rolling.
Consider the latest gem from the International Energy Agency, out this week. The press release for the report was headlined Global coal demand is set to plateau through 2027, with the subheader summary stating that “New IEA report finds that strong deployment of renewables is set to curb growth in coal use even as electricity demand surges, with China – the world’s biggest coal consumer – remaining pivotal.”
What the report actually admitted, however, was that coal supply and demand hit an all-time high this year, they are both likely to scale new highs next year and keep going in that direction until at least 2027. The way things are going with the transition, coal will probably continue growing beyond 2027 as well because much as Fatih and the Transitionettes want it to die, they can’t tell China and India what to do — or anyone else, really, when push comes to shove.
Push appears to have come to shove in Canada already, with the federal government suddenly deciding to walk back its plan for a net-zero grid by 2035. Now, it will be aiming for a net-zero grid by 2050, which is what is going to be happening elsewhere as well —except perhaps in the UK, where everyone’s gone truly insane but more on that later.
So, Canada last week released something called Clean Electricity Regulations that originally, I gather, were supposed to outline plans to remove hydrocarbons from its already pretty green grid by 2035. The provinces, however, objected. And they must have objected strongly enough for an ounce of sanity to crawl into the regulations. Resource minister Jonathan Wilkinson of “We are not interested in investing in LNG facilities” fame called it “flexibility”. Whatever works to make one feel good, I guess.
Here’s a fun fact: the new Clean Electricity Regulations with the revised target come out literally days after the Trudeau government pumped up its emission cut plan, aiming for cuts of 45-50% from 2005 by 2035. All it took was six days and the start of what might end up being complete government meltdown to reconsider that deadline and delay it by 15 years. But stranger things have happened and some are happening right now, one of them at the U.S. Department of Energy.
The regulator of the department, Inspector General Teri Donaldson said in an interim report that the loan office of the DoE should stop giving out loans to green project developers on suspicion of conflicts of interest, or, as Reuters put it, “contractors who vet them may be serving both the agency and potential borrowers.”
From Donaldson’s report: “The projects funded with this authority, which involve innovations in clean energy, advanced transportation, and tribal energy are inherently risky in part because these projects may have struggled to secure funding from traditional sources such as commercial banks and private equity investors.”
Yet these same projects got DoE funding, which naturally raises the question of whether this funding success was at least in part related to the department’s failure to ensure everyone involved in the process was impartial and driven exclusively by professional motives, and I cannot believe I managed to put this stinky situation so delicately.
Anyway, the DoE has struck back immediately, saying the report was full of errors, and accusing Donaldson of “fundamentally misunderstanding” the “implementation of contracting in the Loan Programs Office.” Yeah, that must be it. That’s why she was appointed Inspector General of the department — but by the Trump administration so it doesn’t count.
All of this, however, is pretty weak beer compared to what’s been happening in Europe. VW is not yet bankrupt and the lights are still on in Germany, for the time being, but in the UK, the government has apparently found a way to grow money on trees because the grid operators of the three constituent parts of the UK’s bigger island are planning to spend 77.4 billion pounds on grid upgrades with a view to accommodating more wind and solar into said grid.
The upgrade is a must if Labour’s 2030 decarbonization plan is to have a fighting chance even though the outcome of that fight is already clear and it rhymes with beet, feet, and meat. The money is to be spent between 2026 and 2031, which means that the money trees take two years to start bearing fruit.
Yet here is my concern: with every other form of plant life susceptible to the devastatingly catastrophic effects of climate change, who is to guarantee that the money trees will be spared the devastating catastrophe? No one, that’s who. The UK may fail to accomplish its task of decarbonizing the country’s grid because of the very climate change it wants to neutralize with that decarbonization, and how cruel of an irony is that? Very, is the answer.
Usually, the UK government is difficult to rival in insanity and anti-intelligence but this week we have a serious contender and it’s not Germany’s government. It’s Big Oil and the heavy industry. That’s right. Europe’s energy and heavy industries have been driven to insanity by the climate crusade army although I’d stop short of painting them as innocent victims.
They could have said something. They should’ve said something. And they should’ve said it loud and clear. But they didn’t, so now Big Oil and Big Heavy Industry are asking the EU to force — that’s right, force — consumers to buy their transition cost-loaded products. Because there is no other way of selling those products.
““We will need to focus on demand creation to achieve new investment prospects,” executives from the two sectors said in a letter to Wopke Hoekstra, EU climate commissioner, warning of an “industrial exodus” without intervention,” the FT reported this week.
It also reported that “companies trying to invest in production methods that may result in lower carbon emissions are “pricing themselves out of the market” due to high costs, and authorities need to step in to create demand for their products.” I think this is beautiful, in the same way that an orca catching its pray is beautiful, that is, in a rather terminal way.
I don’t normally like to brag about being right about things, not least because it’s invariably bad things I’m right about, so it is with a sigh of frustration and some boredom that I have to note I have been saying this for two years now — and of course I haven’t been the only one, far from it. The only way for the energy transition to work is through force, and a lot of it. The only way for the transition to work is to eliminate all alternatives to the Chosen Tech, and for some reason Big Oil and the heavy industry seem to believe this is a constructive approach to life, the universe and everything.
What I find most interesting in this situation is the fact that it is extremely easy to find evidence the forceful approach tends to result in outcomes that are the exact opposite of the intended ones. History is full of such evidence. Yet it appears the most essential industries for modern civilization have taken the green “It will work this time” pill and are eagerly digesting it. Which means two things we already knew: one, the transition is doomed as it has been from the start; and two, Europe’s going down unless it uses a fast-closing window to come to its senses. We all know it won’t — unless it’s forced to. Work, work, work, force, force, force, fight, fight, fight.
Business
Canada may escape the worst as Trump declares America’s economic independence with Liberation Day tariffs

MxM News
Quick Hit:
On Wednesday, President Trump declared a national emergency to implement a sweeping 10% baseline tariff on all imported goods, calling it a “Declaration of Economic Independence.” Trump said the tariffs would revitalize the domestic economy, declaring that, “April 2, 2025, will forever be remembered as the day American industry was reborn.”
Key Details:
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The baseline 10% tariff will take effect Saturday, while targeted “reciprocal” tariffs—20% on the EU, 24% on Japan, and 17% on Israel—begin April 9th. Trump also imposed 25% tariffs on most Canadian and Mexican goods, as well as on all foreign-made cars and auto parts, effective early Thursday.
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Trump justified the policy by citing foreign trade restrictions and long-standing deficits. He pointed to policies in Australia, the EU, Japan, and South Korea as examples of protectionist barriers that unfairly harm American workers and industries.
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The White House estimates the 10% tariff could generate $200 billion in revenue over the next decade. Officials say the added funds would help reduce the federal deficit while giving the U.S. stronger leverage in negotiations with countries running large trade surpluses.
Diving Deeper:
President Trump on Wednesday unveiled a broad new tariff policy affecting every imported product into the United States, marking what he described as the beginning of a new economic era. Declaring a national emergency from the White House Rose Garden, the president announced a new 10% baseline tariff on all imports, alongside steeper country-specific tariffs targeting longstanding trade imbalances.
“This is our Declaration of Economic Independence,” Trump said. “Factories will come roaring back into our country — and you see it happening already.”
The tariffs, which take effect Saturday, represent a substantial increase from the pre-Trump average U.S. tariff rate and are part of what the administration is calling “Liberation Day” for American industry. Reciprocal tariffs kick in April 9th, with the administration detailing specific rates—20% for the European Union, 24% for Japan, and 17% for Israel—based on calculations tied to bilateral trade deficits.
“From 1789 to 1913, we were a tariff-backed nation,” Trump said. “The United States was proportionately the wealthiest it has ever been.” He criticized the establishment of the income tax in 1913 and blamed the 1929 economic collapse on a departure from tariff-based policies.
To underscore the move’s long-anticipated nature, Trump noted he had been warning about unfair trade for decades. “If you look at my old speeches, where I was young and very handsome… I’d be talking about how we were being ripped off by these countries,” he quipped.
The president also used the moment to renew his push for broader economic reforms, urging Congress to eliminate federal taxes on tips, overtime pay, and Social Security benefits. He also proposed allowing Americans to write off interest on domestic auto loans.
Critics of the plan warned it could raise prices for consumers, noting inflation has already risen 22% under the Biden administration. However, Trump pointed to low inflation during his first term—when he imposed more targeted tariffs—as proof his strategy can work without sparking runaway costs.
White House officials reportedly described the new baseline rate as a guardrail against countries attempting to game the system. One official explained the methodology behind the reciprocal tariffs: “The trade deficit that we have with any given country is the sum of all trade practices, the sum of all cheating,” adding that the tariffs are “half of what they could be” because “the president is lenient and he wants to be kind to the world.”
In addition to Wednesday’s sweeping changes, Trump’s administration recently imposed a 25% tariff on Chinese goods tied to fentanyl smuggling and another 25% on steel and aluminum imports—revoking previous carve-outs for countries like Brazil and South Korea. Future tariffs on semiconductors, pharmaceuticals, and raw materials such as copper and lumber are reportedly under consideration.
Trump closed his remarks with a message to foreign leaders: “To all of the foreign presidents, prime ministers, kings, queens, ambassadors… I say, ‘Terminate your own tariffs, drop your barriers.’” He declared April 2nd “the day America’s destiny was reclaimed” and promised, “This will indeed be the golden age of America.”
2025 Federal Election
Three cheers for Poilievre’s alcohol tax cut

By Franco Terrazzano
The Canadian Taxpayers Federation applauds Conservative Party Leader Pierre Poilievre’s commitment to end and reverse the alcohol escalator tax.
“Poilievre just promised major alcohol tax cuts and taxpayers will cheers to that,” said Franco Terrazzano, CTF Federal Director. “Poilievre’s tax cut will save Canadians money every time they have a cold one with a buddy or enjoy a glass of Pinot with their better half and it will give Canadians brewers, distillers and wineries a fighting chance against tariffs.”
Today, federal alcohol taxes increased by two per cent, costing taxpayers about $40 million this year, according to Beer Canada.
Poilievre announced a Conservative government “will axe the escalator tax on wine, beer and spirits back to 2017 levels, ending the automatic annual tax increases.”
The alcohol escalator tax has automatically increased excise taxes on beer, wine and spirits every year, without a vote in Parliament, since 2017. The alcohol escalator tax has cost taxpayers more than $900 million since being imposed, according to Beer Canada.
Taxes from multiple levels of government account for about half of the price of alcohol.
Meanwhile, tariffs are hitting the industry hard. Brewers have described the tariffs as “Armageddon for craft brewing.”
“Automatic tax hikes are undemocratic, uncompetitive and unaffordable and they need to stop,” Terrazzano said. “If politicians think Canadians aren’t paying enough tax, they should at least have the spine to vote on the tax increase.
“Poilievre is right to end the escalator tax and all party leaders should commit to making life more affordable for Canadian consumers and businesses by ending the undemocratic alcohol tax hikes.”
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