Connect with us
[the_ad id="89560"]

Energy

Net Zero’s days are numbered? Why Europeans are souring on the climate agenda

Published

20 minute read

From LifeSiteNews

By Frank Wright

Dr. Benny Peiser recently spoke about how the E.U. and various European nations have started a ‘rollback’ of their climate agendas due to ‘increasing costs and increasing hostility from the public.’

A recent presentation given in Canada brings welcome news to the reality-based community: Net Zero’s days are numbered. The costs of the “utopian” green agenda have been realized, and the public are not buying it any more.

This is the message of Dr. Benny Peiser of the Global Warming Policy Foundation, who was in Calgary on April 9 to speak about “Europe’s Net Zero rebellion and the implications for Canada.”

“The game is over for anyone who is willing to commit industrial suicide through the implementation of Net Zero policies,” he says, going on to cite public opinion and political decisions which are driving the political agenda of the future.

Peiser shows how the European Union and the nations of Sweden, France, Germany, Britain, and Italy have started this “rollback” – due to “increasing costs and increasing hostility from the public.”

Saying that Canada, where he spoke, is “maybe five years” behind the Net Zero rollback in Europe, he said the agenda was in retreat there as its “astronomical” costs have now been grasped by the public.

“This is direct,” he says.

We have been telling [the public] for 15 years this will be very expensive … and your energy bills are going up because of the renewables.

This is all far too abstract for people. They don’t get that.

Citing reports which show that Net Zero will cost over a trillion euros a year, every year, he says:

This they get directly – the car they can’t drive, the way they heat their homes. What they’re allowed to do.

That has caused huge opposition and a lot of headache for governments.

Peiser says political parties across Europe have realized that they face being swept from power in the forthcoming elections in June.

Politics pivots back to reality

The headaches Peiser cites include the near collapse of the German government late last year over a policy to make heat pumps compulsory. A week after Peiser’s talk, news came that the Scottish coalition government has collapsed, with the Greens withdrawing support from the ruling SNP after the abandonment of climate change targets.

Politicians are faced with a choice between electoral oblivion and public opinion, and Peiser says this has led to structural change in European policy.

Peiser believes that the enormous public support behind the farmer protests, coupled with green policies creating crisis in the German government, has made the E.U. think again.

“As a result of these protests governments and the European Commission itself have begun to cave in,” Peiser said. “They are not just losing farmers but a large chunk of the public at the same time.”

Peiser is aware that election cycles see politicians shelve unpopular policies – only to resume them after the votes have been counted. Yet he notes a structural change in priorities.

“The E.U. in its draft agenda for the next five years has decided to relegate climate and shift to defense,” he continued, saying that the European Union is shifting from the green agenda to the “real agenda.”

This pivot to reality is one that is long overdue. As Peiser points out, the case for Net Zero is one that is made out of words, not of facts. To take one example, that of electric vehicles, he says “the biggest fear in Europe is not climate change. The biggest fear is cheap electric vehicles from China.”

The E.U.’s recent Net Zero Industry Act (NZIA) has been shaded by economic and industrial concerns, as well as fear from the climate lobby that it too is a rollback of Net Zero commitments.

Passed on April 25, its name alone would suggest business as usual for the climate agenda.

However, in a press conference introducing the Act last November, German “conservative” MEP Christian Ehler was keen to anticipate criticism from the Green lobby, saying “this is not an attempt to scrap social achievements or environmental law.”

Ehler stressed the need to keep industry “on our side” and that the past practices of regulation threatens the economic future of European industry,

It’s simply reflecting the very fact that our industry is burdened by regulation in a way that we can’t expect them to succeed – if we really want to have them on our side – and if we really have to have an economic future for the European industry.

READ: New documentary exposes climate agenda as ‘scam’ to increase globalist power and profit

An act in name only

This may explain why, according to two experts, the Act is in fact just words. Yet it is not only the threat of Green-inspired regulation which faces European industry.

Chinese dominance of the market has rendered E.U. Net Zero measures to create a “sustainable” industry producing “green technology” such as solar panels mere “paper tigers,” according to one analyst.

Simone Tagliapietra, a senior fellow at think-tank Bruegel said this in response to the E.U.’s new Act.

His comments, reported by Euractiv on April 26, included an explanation why the legislation “doesn’t change anything.”

A second analyst, Nils Redeker of the Berlin-based Jacques Delors Centre, agreed according to Euractiv that the new measures “could, in practice, and will most likely, be ignored.”

The green lights are going out all over Europe, most obviously in what was once its industrial and economic powerhouse.

Germany in crisis

Following a budget crisis which also threatened the survival of the German government’s “Red/Green/Yellow” or “traffic light” coalition last November, the former E.U. paymaster of Germany was said to be “likely in recession.”

The February 19 report by the Daily Telegraph noted the resulting “uncertainty” over Net Zero implementation. This is another sign of the impact of reality on the deeply unpopular policies of what Peiser called the “utopia” imagined by the Green lobby.

The Daily Telegraph also reported that the German central bank had warned of “no end in sight” for the “ongoing weakness” of Europe’s largest economy.

The Bundesbank added that “uncertainty regarding climate and transformation policy remains elevated.”

In his analysis of the electoral cost of Net Zero, Peiser seems to have read the room very well. The political climate has changed. 

As the British government is faced with power cuts over soaring demand for electricity, its refusal to build more gas-fired power stations may see the actual lights go out as well as the figurative beacon of an agenda the Conservative Party have greenlit for years.

U.K. climate chief quits

The outgoing head of the U.K.’s climate change committee has conceded that Net Zero is a toxic brand:

Net Zero has definitely become a slogan that I feel occasionally is now unhelpful, because it’s so associated with the campaigns against it.

Chris Stark, who looks exactly as you would imagine he would, blamed a minority faction of imaginary “culture warriors” whilst saying on April 22 in The Guardian that the cost of living was effectively irrelevant.

“It’s the culture warriors who have really taken against it,” said Stark. “A small group of politicians or political voices has moved in to say that net zero is something that you can’t afford, net zero is something that you should be afraid of … But we’ve still got to reduce emissions. In the end, that’s all that matters.”

Stark’s missionary zeal is untouched by a Europe-wide survey cited by in Peiser’s presentation. According to the survey, conducted in January by the European Council on Foreign Relations (ECFR), it is the climate zealots themselves who are the minority. 

With a sample from 12 European nations, it shows a clear majority in 10 countries for “reducing energy bills” over “reducing carbon emissions.” In Germany, support for lower energy costs is more than twice that for the higher ones promised by “reducing emissions.”

Peiser explained, “What [the survey] tells you is that a clear minority of Europeans are prioritizing the climate issue over their energy cost issue.”

READ: Climate expert warns against extreme ‘weather porn’ from alarmists pushing ‘draconian’ policies

Describing the clear majority of European citizens against the cost of Net Zero, he says “that is the most dramatic change I’ve seen in the last 20 years.” 

This “realization of cost moment” is one which Peiser shows had been predicted in the 1970s by Anthony Downs, whose “issue attention cycle” predicted public understanding of the true cost as the point beyond which climate policies will no longer enjoy public support.

The graph roughly charts the interest and support of the public, which moves from ignorance of the “problem” to generate public support through a sense of alarm. This enthusiasm steeply fades as the public realizes the price of the product they have been sold. 

Yet this process is based on the common sense to the common man. The U.K.’s former climate change chief Christopher Stark is immune to this determining factor. 

He displays the alarming detachment from reality which typifies the Net Zero zealot, and which Peiser warns is proving electorally – and industrially – suicidal.  

Speaking of the implementation of Net Zero, Stark claimed, against rapid deindustrialization, soaring energy prices, and former measures to restrict cars and home heating to costly and inferior alternatives, that “the lifestyle change that goes with this is not enormous at all.” 

This also ignores the likely “power cuts” that Britain will face, given a massive upsurge in Net Zero-driven electricity demand.

The Daily Telegraphreporting accusations from the Green lobby that Rishi Sunak was “abandoning” Net Zero, said on March 17 that without more gas fired power generation, support for Net Zero “would collapse.”

The report continued that “the U.K. would almost certainly endure power cuts, causing civic and commercial havoc, without more gas-fired baseload in place.” 

The piece concludes with a verdict which is now becoming a theme: “And then the case for tackling climate change, already increasingly questioned, would become politically toxic.”

The rule of law – or the rule of lawyers

As Peiser notes, this toxification has weakened the power of politics itself, with the rule of law being replaced by the rule of lawyers. He notes a recent ruling by the European Court of Human Rights, which condemned the Swiss government for “violations of the Convention [on Human Rights] for failing to implement sufficient measures to combat climate change.” 

Peiser said the ruling showed that democratic majorities do not have the legal power to refuse an agenda enforced by activist judges. He went on:

The judges in their in their ruling said it’s kind of naive to think that democracy would work just with majorities in Parliament and that only judges can rule or decide what makes legal sense – that’s why it’s so important for judges to tell parliaments what they should do. 

That’s essentially what they were saying today.

Peiser was speaking on the same day the ruling was announced, which according to a Swiss report will “have a direct impact on the Council of Europe’s 46 member states” and that “its ramifications will extend to the whole world.” 

This element of legal insurrection is one direct example of how the sovereignty of democracy is being undermined. In this case, a group of elderly female climate campaigners received a sympathetic hearing from the ECHR’s presiding judge, Siofra O’Leary. Her judgment overruled the Swiss courts’ dismissal of the case. It read:

The Court found that the national courts had not provided convincing reasons as to why they had considered it unnecessary to examine the merits of the complaints. They had failed to take into consideration the compelling scientific evidence concerning climate change and had not taken the association’s complaints seriously.

As Peiser warns, we are ruled by Science Followers, whose emotional enthusiasm for the climate panic talks past the costs of the sale of this agenda. It is a product which most people now recognize promises the permanent collapse of living standards in the West, and is taking democracy down with cries for climate “justice.”

Suicidal policy vs. ‘populism’

Peiser says Net Zero is already “suicidal” – and not in name only. Changing the branding will not wash with voters, Peiser says, as the impact of cost and on freedom is “direct.” 

This, he says, is what is driving the beginning of the end of Net Zero. 

“Europeans have been told that this Net Zero issue and renewables and so on will make life easier for people.” Instead, he says, “the opposite has happened.”

They’ve been told that energy costs would go down. They’ve gone up.

He observes a factor which could apply to practically any of the policies he also claims are driving “populism.” 

So people are beginning to realize that what they’ve been told hasn’t actually materialized. 

The opposite has materialized.

Peiser himself notes that this “opposite effect” is driving the rise of “populist parties … skeptical of mass immigration, of Net Zero and of other mainstream policies.” 

He says, “I don’t know exactly why they’re called populist but something makes them popular.”

Yet his own presentation shows a simple explanation. What is called “populism” is simply a reaction to the insanity of the policies of national suicide presented as wisdom. The emergence of these parties is the opposite reaction to a political system whose every argument is a contradiction of reality. 

Peiser says that this political correction is coming, and soon.

The mainstream parties are concerned that they will hemorrhaging voters. 

That’s what the prospects are for the elections in June.

His assessment is shared by the European Council on Foreign Relations, which predicted a “sharp right turn” in the forthcoming E.U. Parliament elections. 

He says that for Europe “there might be – for the first time – a center right populist majority in Parliament. If that were to happen of course all bets are off.” 

What is more, Peiser concludes that political climate change is coming home – to yours:

That’s the situation in Europe which sooner or later will come to a theater close to you.

Business

Trans Mountain executive says it’s time to fix the system, expand access, and think like a nation builder

Published on

Mike Davies calls for ambition and reform to build a stronger Canada

A shift in ambition

A year after the Trans Mountain Expansion Project came into service, Mike Davies, President and Chief Operating Officer at Trans Mountain, told the B.C. Business Summit 2025 that the project’s success should mark the beginning of a new national mindset — one defined by ambition, reform, and nation building.

“It took fifteen years to get this version of the project built,” Davies said. “During that time, Canadian producers lost about $50 billion in value because they were selling into a discounted market. We have some of the world’s largest reserves of oil and gas, but we can only trade with one other country. That’s unusual.”

With the expansion now in operation, that imbalance is shifting. “The differential on Canadian oil has narrowed by about $13 billion,” he said. “That’s value that used to be extracted by the United States and now stays in Canada — supporting healthcare, reconciliation, and energy transformation. About $5 billion of that is in royalties and taxes. It’s meaningful for us as a society.”

Davies rejected the notion that Trans Mountain was a public subsidy. “The federal government lent its balance sheet so that nation-building infrastructure could get built,” he said. “In our first full year of operation, we’ll return more than $1.3 billion to the federal government, rising toward $2 billion annually as cleanup work wraps up.”

At the Westridge Marine Terminal, shipments have increased from one tanker a week to nearly one a day, with more than half heading to Asia. “California remains an important market,” Davies said, “but diversification is finally happening — and it’s vital to our long-term prosperity.”

Fixing the system to move forward

Davies said this moment of success should prompt a broader rethinking of how Canada approaches resource development. “We’re positioned to take advantage of this moment,” he said. “Public attitudes are shifting. Canadians increasingly recognize that our natural resource advantages are a strength, not a liability. The question now is whether governments can seize it — and whether we’ll see that reflected in policy.”

He called for “deep, long-term reform” to restore scalability and investment confidence. “Linear infrastructure like pipelines requires billions in at-risk capital before a single certificate is issued,” he said. “Canada has a process for everything — we’re a responsible country — but it doesn’t scale for nation-building projects.”

Regulatory reform, he added, must go hand in hand with advancing economic reconciliation. “The challenge of our generation is shifting Indigenous communities from dependence to participation,” he said. “That means real ownership, partnership, and revenue opportunities.”

Davies urged renewed cooperation between Alberta and British Columbia, calling for “interprovincial harmony” on West Coast access. “I’d like to see Alberta see B.C. as part of its constituency,” he said. “And I’d like to see B.C. recognize the need for access.”

He summarized the path forward in plain terms: “We need to stem the exit of capital, create an environment that attracts investment, simplify approvals to one major process, and move decisions from the courts to clear legislation. If we do that, we can finally move from being a market hostage to being a competitor — and a nation builder.”

Continue Reading

Business

Clean energy transition price tag over $150 billion and climbing, with very little to show for it

Published on

From the Fraser Institute

By Jake Fuss, Julio Mejía, Elmira Aliakbari, Karen Graham and Jock Finlayson

Ottawa and the four biggest provinces have spent (or foregone revenues) of at least $158 billion to create at most 68,000 “clean” jobs since 2014

Despite the hype of a “clean” economic transition, governments in Ottawa and in the four largest provinces have spent or foregone revenues of more than $150 billion (inflation-adjusted) on low-carbon initiatives since 2014/15, but have only created, at best, 68,000 clean jobs, according to two new studies published by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

“Governments, activists and special interest groups have been making a lot of claims about the opportunities of a clean economic transition, but after a decade of policy interventions and more than $150 billion in taxpayers’ money, the results are
extremely underwhelming,” said Elmira Aliakbari, director of natural resource studies and co-author of The Fiscal Cost of Canada’s Low-Carbon Economy.

The study finds that since 2014/15, the federal government and provincial governments in the country’s four largest provinces (Ontario, Quebec, Alberta and British Columbia) combined have spent and foregone revenues of $158 billion (inflation adjusted to 2024 dollars) trying to create clean jobs, as defined by Statistics Canada’s Environmental and Clean Technology Products Economic Account.

Importantly, that cost estimate is conservative since it does not account for an exhaustive list of direct government spending and it does not measure the costs from Canada’s other six provinces, municipalities, regulatory costs and other economic
costs because of the low-carbon spending and tax credits.

A second study, Sizing Canada’s Clean Economy, finds that there was very little change over the 2014 to 2023 period in terms of the share of the total economy represented by the clean economy. For instance, in 2014, the clean economy represented 3.1 per cent of GDP compared to 3.6 per cent in 2023.

“The evidence is clear—the much-hyped clean economic transition has failed to fundamentally transform Canada’s $3.3 trillion economy,” said study co-author and Fraser Institute senior fellow Jock Finlayson.

State of the Green Economy

  • The Fiscal Cost of Canada’s Low-Carbon Economy documents spending initiatives by the federal government and the governments of Ontario, British Columbia, Alberta, and Quebec since 2014 to promote the low-carbon economy, as well as how much revenue they have foregone through offering tax credits.
  • Overall, the combined cost of spending and tax credits supporting a low-carbon economy by the federal government and the four provincial governments is estimated at $143.6 billion from 2014–15 to 2024–25, in nominal terms. When adjusted for inflation, the total reaches $158 billion in 2024 dollars.
  • These estimates are based on very conservative assumptions, and they do not cover every program area or government-controlled expenditure related to the low-carbon economy and/or reducing greenhouse gas emissions.
  • Sizing Canada’s Green Economy assesses the composition, growth, share of Gross Domestic Product (GDP) output, and employment of Canada’s “clean economy” from 2014 to 2023.
  • Canada’s various environmental and clean technology industries collectively have accounted for between 3.07% and 3.62% of all-industry GDP over the 10-year period from 2014 to 2023. While it has grown, the sector as a whole has not been expanding at a pace that meaningfully exceeds the growth of the overall Canadian economy, despite significant policy attention and mounting public subsidies.
  • The clean economy represents a respectable and relatively stable share of Canada’s $3.3 trillion economy. However, it remains a small part of Canada’s broader industrial mix, it is not a major source of export earnings, and it is not about to supplant the many other industries that underpin the country’s prosperity and dominate its international exports.

 

Jake Fuss

Director, Fiscal Studies, Fraser Institute

Julio Mejía

Policy Analyst

Elmira Aliakbari

Director, Natural Resource Studies, Fraser Institute

Karen Graham

Jock Finlayson

Senior Fellow, Fraser Institute
Continue Reading

Trending

X