Economy
The people will reject the globalist ‘climate’ agenda
From the Fraser Institute
” representatives of governments worldwide endorsed policies that will, if implemented, do extraordinary harm to their own people. Where governments have made even small attempts to take these radical steps, the public has revolted. This calls into question whom the COP28 delegates “represent.” “
It’s tempting to dismiss the outcome of COP28, the recent United Nations climate change conference in the United Arab Emirates, as mere verbiage, such as the “historic” UAE Consensus about transitioning away from fossil fuels. After all, this is the 28th such conference and the previous ones all pretty much came to nothing. On a chart showing the steady rise in global total CO2 emissions since 1950 you cannot spot when the 1997 Kyoto Protocol entered into force (2002), with its supposedly historic language binding developed countries to cap their CO2 emissions at five per cent below 1990 levels by 2012. Likewise, the 2015 Paris Agreement contained historic language binding countries to further deep emission reductions, yet the COP28 declaration begins (paragraph I.2) with an admission that the parties are not complying.
Nonetheless we should not overlook the real meaning of the UAE Consensus. COP agreements used to focus on one thing—targets for reducing greenhouse gases. The UAE Consensus is very different. Across its 196 paragraphs and 10 supplementary declarations it’s a manifesto of global central planning. Some 90,000 government functionaries aspire, in their own words, to oversee and micromanage agriculture, finance, energy, manufacturing, gender relations, health care, air conditioning, building design, and countless other economic and social decisions. It’s supposedly in the name of fighting climate change, but that’s just the pretext. Take it away and they’d appeal to something else.
After all, the climate change issue doesn’t necessitate these plans. Economists have been studying climate change for many decades and have never considered it grounds to phase out fossil fuels, micromanage society, etc. Mainstream scientific findings, coupled with mainstream economic analysis, prescribes moderate emission-pricing policies that rely much more on adaptation than mitigation.
The fact that the UAE Consensus is currently non-binding is beside the point. What matters is what the COP28 delegates said they want to achieve. Two facts stand out—the final consensus document announced plans that would cause enormous economic harm if implemented, and it was unanimously approved by everyone in the room.
The first point is best illustrated by the language around eliminating fossil fuels. Climate policy is supposed to be about optimally reducing greenhouse gas (GHG) emissions. As technology develops to decouple emissions from fuel use, there may eventually be no need to reduce the latter, but activist delegates insisted on the language anyway, making it an end in itself. Fossil fuels are essential for our economic standard of living, and 30 years of economic analysis has consistently shown that despite GHG emissions, phasing them out would do far more harm than good to humanity. Yet the Consensus statement ignored that, even while claiming to be guided by “the science.”
The second point refers to the fact that representatives of governments worldwide endorsed policies that will, if implemented, do extraordinary harm to their own people. Where governments have made even small attempts to take these radical steps, the public has revolted. This calls into question whom the COP28 delegates “represent.” Other than a few elected officials, we didn’t vote for any of them. And even if some heads of state go to a COP meeting intending to oppose the overall agenda, they would not be able to stop it and would be browbeaten into signing the final package.
The UAE Consensus is the latest signal that the real fault line in contemporary society is not right versus left, it’s the people versus (for lack of a better word) the globalists. A decade ago this term was only heard on the conspiracy fringe but has since migrated towards the mainstream as the most apt descriptor of an enormous and influential transnational permanent bureaucracy, which aspires to run everything, even to the public’s detriment, while insulating themselves from democratic limits.
A hallmark of globalists is the way they exempt themselves from rules they want to impose on everyone else. COP28 and Davos meetings perfectly illustrate this—thousands of delegates flying in, many on private jets, to be wined and dined while telling everyone else to learn to do without.
In the cases of both COVID-19 and climate change, the same elite has proven itself to be adept, not at using science to support good decision-making, but at invoking “the science” as a talisman to justify everything they do including censoring public debate. Complex and uncertain matters get reduced to dogmatic slogans by technocrats who ensure political leaders are force fed a narrow one-sided information stream. Experts outside the process are accorded standing based solely on their obeisance to the preferred narrative, not their knowledge or qualifications. Critics are attacked as purveyors of “misinformation” and “disinformation,” and so the existence of opposition to government plans becomes proof of the need to suppress free speech.
But eventually the people get the last word. I am struck, in this context, that despite nonstop fearmongering about an alleged climate crisis, the public tolerates climate policy only insofar as it doesn’t cost anything.
The climate movement might think that by embedding itself in the globalist elite it can accelerate policy adoption without needing to win elections. I think the opposite is happening. The globalists have coopted the climate issue to sell a grotesque central planning agenda that the public has repeatedly rejected. If the UAE Consensus is the future of climate policy, its failure is guaranteed.
Author:
It’s tempting to dismiss the outcome of COP28, the recent United Nations climate change conference in the United Arab Emirates, as mere verbiage, such as the “historic” UAE Consensus about transitioning away from fossil fuels. After all, this is the 28th such conference and the previous ones all pretty much came to nothing. On a chart showing the steady rise in global total CO2 emissions since 1950 you cannot spot when the 1997 Kyoto Protocol entered into force (2002), with its supposedly historic language binding developed countries to cap their CO2 emissions at five per cent below 1990 levels by 2012. Likewise, the 2015 Paris Agreement contained historic language binding countries to further deep emission reductions, yet the COP28 declaration begins (paragraph I.2) with an admission that the parties are not complying.
Nonetheless we should not overlook the real meaning of the UAE Consensus. COP agreements used to focus on one thing—targets for reducing greenhouse gases. The UAE Consensus is very different. Across its 196 paragraphs and 10 supplementary declarations it’s a manifesto of global central planning. Some 90,000 government functionaries aspire, in their own words, to oversee and micromanage agriculture, finance, energy, manufacturing, gender relations, health care, air conditioning, building design, and countless other economic and social decisions. It’s supposedly in the name of fighting climate change, but that’s just the pretext. Take it away and they’d appeal to something else.
After all, the climate change issue doesn’t necessitate these plans. Economists have been studying climate change for many decades and have never considered it grounds to phase out fossil fuels, micromanage society, etc. Mainstream scientific findings, coupled with mainstream economic analysis, prescribes moderate emission-pricing policies that rely much more on adaptation than mitigation.
The fact that the UAE Consensus is currently non-binding is beside the point. What matters is what the COP28 delegates said they want to achieve. Two facts stand out—the final consensus document announced plans that would cause enormous economic harm if implemented, and it was unanimously approved by everyone in the room.
The first point is best illustrated by the language around eliminating fossil fuels. Climate policy is supposed to be about optimally reducing greenhouse gas (GHG) emissions. As technology develops to decouple emissions from fuel use, there may eventually be no need to reduce the latter, but activist delegates insisted on the language anyway, making it an end in itself. Fossil fuels are essential for our economic standard of living, and 30 years of economic analysis has consistently shown that despite GHG emissions, phasing them out would do far more harm than good to humanity. Yet the Consensus statement ignored that, even while claiming to be guided by “the science.”
The second point refers to the fact that representatives of governments worldwide endorsed policies that will, if implemented, do extraordinary harm to their own people. Where governments have made even small attempts to take these radical steps, the public has revolted. This calls into question whom the COP28 delegates “represent.” Other than a few elected officials, we didn’t vote for any of them. And even if some heads of state go to a COP meeting intending to oppose the overall agenda, they would not be able to stop it and would be browbeaten into signing the final package.
The UAE Consensus is the latest signal that the real fault line in contemporary society is not right versus left, it’s the people versus (for lack of a better word) the globalists. A decade ago this term was only heard on the conspiracy fringe but has since migrated towards the mainstream as the most apt descriptor of an enormous and influential transnational permanent bureaucracy, which aspires to run everything, even to the public’s detriment, while insulating themselves from democratic limits.
A hallmark of globalists is the way they exempt themselves from rules they want to impose on everyone else. COP28 and Davos meetings perfectly illustrate this—thousands of delegates flying in, many on private jets, to be wined and dined while telling everyone else to learn to do without.
In the cases of both COVID-19 and climate change, the same elite has proven itself to be adept, not at using science to support good decision-making, but at invoking “the science” as a talisman to justify everything they do including censoring public debate. Complex and uncertain matters get reduced to dogmatic slogans by technocrats who ensure political leaders are force fed a narrow one-sided information stream. Experts outside the process are accorded standing based solely on their obeisance to the preferred narrative, not their knowledge or qualifications. Critics are attacked as purveyors of “misinformation” and “disinformation,” and so the existence of opposition to government plans becomes proof of the need to suppress free speech.
But eventually the people get the last word. I am struck, in this context, that despite nonstop fearmongering about an alleged climate crisis, the public tolerates climate policy only insofar as it doesn’t cost anything.
The climate movement might think that by embedding itself in the globalist elite it can accelerate policy adoption without needing to win elections. I think the opposite is happening. The globalists have coopted the climate issue to sell a grotesque central planning agenda that the public has repeatedly rejected. If the UAE Consensus is the future of climate policy, its failure is guaranteed.
Author:
Business
Carbon tax bureaucracy costs taxpayers $800 million
From the Canadian Taxpayers Federation
By Ryan Thorpe
The cost of administering the federal carbon tax and rebate scheme has risen to $283 million since it was imposed in 2019, according to government records obtained by the Canadian Taxpayers Federation.
By 2030, the cost of administering the carbon tax is expected to total $796 million, according to the records.
“Not only does the carbon tax make our gas, heating and groceries more expensive, but taxpayers are also hit with a big bill to fund Prime Minister Justin Trudeau’s battalion of carbon tax bureaucrats,” said Franco Terrazzano, CTF Federal Director. “Trudeau should make life more affordable and slash the cost of the bureaucracy by scrapping the carbon tax.”
The government records were released in response to an order paper question from Conservative MP John Barlow (Foothills).
The carbon tax and rebate scheme cost taxpayers $84 million in 2023, according to the records.
There were 461 federal bureaucrats tasked with administering the carbon tax and rebate scheme last year, according to the records.
The CTF previously reported administering the carbon tax cost taxpayers $199 million between 2019 and 2022.
Projected costs for administering the carbon tax and rebate scheme between 2024 and 2030 are $513 million, according to the records.
That would bring total administration costs for the carbon tax and rebate scheme up to $796 million by 2030.
But the true hit to taxpayers is even higher, as the records do not include costs associated with the Fuel Charge Tax Credit for Farmers or the Canada Carbon Rebate for Small Businesses.
“It’s magic math to believe the feds can raise taxes, skim hundreds-of-millions off the top to hire hundreds of new bureaucrats and then somehow make everyone better off with rebates,” Terrazzano said.
The carbon tax will cost the average household up to $399 this year more than the rebates, according to the Parliamentary Budget Officer, the government’s independent, non-partisan budget watchdog.
The PBO also notes that, “Canada’s own emissions are not large enough to materially impact climate change.”
The government also charges its GST on top of the carbon tax. The PBO report shows this carbon tax-on-tax will cost taxpayers $400 million this year. That money isn’t rebated back to Canadians.
The carbon tax currently costs 17 cents per litre of gasoline, 21 cents per litre of diesel and 15 cents per cubic metre of natural gas.
By 2030, the carbon tax will cost 37 cents per litre of gasoline, 45 cents per litre of diesel and 32 cents per cubic metre of natural gas.
Economy
COP 29 leaders demand over a $1 trillion a year in climate reparations from ‘wealthy’ nations. They don’t deserve a nickel.
COP 29 is calling for over $1 trillion in annual climate reparations
- A major theme of COP 29 is that the world should set a “New Collective Quantified Goal” wherein successful nations pay poor nations over $1 trillion a year to 1) make up for climate-related harm and 2) build them new “green energy” economies. In other words, climate reparations.¹
- What would $1 trillion a year in climate reparations mean for you and your family?Assuming the money was paid equally by households considered high income (>$50 per day), your household would have to pay more than $5,000 a year in climate reparations taxes!²
- Climate reparations are based on two false assumptions:1. Free, wealthy countries, through their fossil fuel use, have made the world worse for poor countries.
2. The poor world’s main problem is dealing with climate change, which wealth transfers will help them with.
But free, fossil-fueled countries have made life better for poor countries
- Free, wealthy countries, through their fossil fuel use, have not made the world worse for poor countries—they have made it far, far better.Observe what has happened to global life expectancies and income as fossil fuel use has risen. Life has gotten much better for everyone.³
- The wealthy world’s fossil fuel use has improved life worldwide because by using fossil fuel energy to be incredibly productive, we have 1) made all kinds of goods cheaper and 2) been able to engage in life-saving aid, particularly in the realms of food, medicine, and sanitation.
- Without the historic use of fossil fuels by the wealthy world, there would be no super-productive agriculture to feed 8 billion humans, no satellite-based weather warning systems, etc. Most of the individuals in poor countries would not even be alive today.
Free, fossil-fueled countries have made the poor safer from climate
- The wealthy world’s fossil fuel use has been particularly beneficial in the realm of climate.Over the last 100 years, the death rate from climate-related disasters plummeted by 98% globally.
A big reason is millions of lives saved from drought via fossil-fueled crop transport.⁴
- The “climate reparations” movement ignores the fact that the wealthy world’s fossil fuel use has made life better, including safer from climate, in the poor world.This allows it to pretend that the poor world’s main problem is dealing with rising CO2 levels.
The poor world’s problem is poverty, not rising CO2 levels
- The poor world’s main problem is not rising CO2 levels, it is poverty—which is caused by lack of freedom, including the crucial freedom to use fossil fuels.Poverty makes everything worse, including the world’s massive natural climate danger and any danger from more CO2.
- While it’s not true that the wealthy world has increased climate danger in the poor world—we have reduced it—it is true that the poor world is more endangered by climate than the wealthy world is.The solution is for the poor to get rich. Which requires freedom and fossil fuels.⁵
Escaping poverty requires freedom and fossil fuels
- Every nation that has risen out of poverty has done so via pro-freedom policies—specifically, economic freedom.
That’s how resource-poor places like Singapore and Taiwan became prosperous. Resource-rich places like Congo have struggled due to lack of economic freedom.
- Even China, which is unfree in many ways (including insufficient protections against pollution) dramatically increased its standard of living via economic freedom—particularly in the realm of industrial development where it is now in many ways much freer than the US and Europe.
- A crucial freedom involved in rising prosperity has been the freedom to use fossil fuels.Fossil fuels are a uniquely cost-effective source of energy, providing energy that’s low-cost, reliable, versatile, and scalable to billions of people in thousands of places.⁶
- Time and again nations have increased their prosperity, including their safety from climate, via economic freedom and fossil fuels.Observe the 7X increase in fossil fuel use in China and India over the past 4 decades, which enabled them to industrialize and prosper.⁷
- For the world’s poorest people to be more prosperous and safer from climate, they need more freedom and more fossil fuels.The “climate reparations” movement seeks to deny them both.
- The wealthy world should communicate to the poor world that economic freedom is the path to prosperity, and encourage the poor world to reform its cultural and political institutions to embrace economic freedom—including fossil fuel freedom.Our leaders are doing the opposite.
Climate reparations pay off dictators to take away fossil fuel freedom
- Instead of promoting economic freedom, including fossil fuel freedom, wealthy climate reparations advocates like Antonio Guterres are offering to entrench anti-freedom regimes by paying off their dictators and bureaucrats to eliminate fossil fuel freedom.This is disgusting.⁸
- The biggest victim of “climate reparations” will be the world’s poorest countries, whose dictators will be paid off to prevent the fossil fuel freedom that has allowed not just the US and Europe but also China and India to dramatically increase their prosperity.
- The biggest beneficiary of “climate reparations” will be China, which is already emitting more CO2 than the US and Europe combined. (Though less per capita.)While we flagellate and cripple ourselves, China will use fossil fuels in its quest to become the world’s superpower.⁹
- The second biggest beneficiary of “climate reparations” will be corrupt do-gooders who get to add anti-fossil-fuel strings to “reparations” dollars and dictate how it’s spent—which will surely include lots of dollars for unreliable solar panels and wind turbines made in China.
Leaders must reject reparations and champion fossil fuel freedom
- We need leaders in the US and Europe who proudly:1. Champion the free world’s use of fossil fuels as an enormous good for the world, including its climate safety.
2. Encourage the poor world to embrace economic freedom and fossil fuels.
Tell your Representative to do both.
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1 Scientific American – COP27 Summit Yields ‘Historic Win’ for Climate Reparations but Falls Short on Emissions Reductions
Phys.org – COP29 climate finance deal ‘must cover loss and damage,’ experts urge
COP29 official website – Fund for responding to Loss and Damage ready to accept contributions
2 Global population was about 8.02 billion in 2023.
About 7% of world population are considered high income, which translates into about 562 million individuals. Considering 3 people per average household in high income households, this translates into about 187 million households.
Pew Research – Are you in the global middle class? Find out with our income calculator
$1 trillion per annum paid by 187 million households means the average household would pay about $5,300 per year.
3 Maddison Database 2010 at the Groningen Growth and Development Centre, Faculty of Economics and Business at University of Groningen
4 UC San Diego – The Keeling Curve
For every million people on earth, annual deaths from climate-related causes (extreme temperature, drought, flood, storms, wildfires) declined 98%–from an average of 247 per year during the 1920s to 2.5 in per year during the 2010s.
Data on disaster deaths come from EM-DAT, CRED / UCLouvain, Brussels, Belgium – www.emdat.be (D. Guha-Sapir).
Population estimates for the 1920s from the Maddison Database 2010, the Groningen Growth and Development Centre, Faculty of Economics and Business at University of Groningen. For years not shown, population is assumed to have grown at a steady rate.
Population estimates for the 2010s come from World Bank Data.
5 UC San Diego – The Keeling Curve
Data on disaster deaths come from EM-DAT, CRED / UCLouvain, Brussels, Belgium – www.emdat.be (D. Guha-Sapir).
Population estimates come from World Bank Data.
6 Our World in Data – Energy Production and Consumption
7 BP – Statistical Review of World Energy
8 UN News – ‘Pay up or humanity will pay the price’, Guterres warns at COP29 climate summit
9 Our World in Data – Annual CO₂ emissions from fossil fuels, by world region
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