Economy
Wanted—a federal leader who will be honest about ‘climate’ policy
From the Fraser Institute
Poilievre’s anti-carbon tax rallies are popular, but what happens after we axe the tax? If he plans to replace it with regulatory measures aimed at achieving the same emission cuts he should tell his rally-goers that what he has in mind will hit them even harder than the tax they’re so keen to scrap.
Pierre Poilievre is leading anti-carbon tax rallies around the country, ginning up support for an old-fashioned tax revolt. In response, Justin Trudeau went to Calgary and trumpeted—what’s this?—his love of free markets. Contrasting the economic logic of using a carbon tax instead of regulatory approaches for reducing greenhouse gases, the prime minister slammed the latter: “But they all involve the heavy hand of government. I prefer a cleaner solution, a market-based solution and that is, if you’re behaving in a way that causes pollution, you should pay.” He added that the Conservatives would instead rely on the “heavy hand of government through regulation and subsidies to pick winners and losers in the economy as opposed to trusting the market.”
Amen to that. But someone should tell Trudeau that his own government’s Emission Reduction Plan mainly consists of heavy-handed regulations, subsidies, mandates and winner-picking grants. Within its 240 pages one finds, yes, a carbon tax. But also 139 additional policies including Clean Fuels Regulations, an electric vehicle mandate that will ban gasoline cars by 2035, aggressive fuel economy standards that will hike their cost in the meantime, costly new emission targets specifically for the oil and gas, agriculture, heavy industry and waste management sectors, onerous new energy efficiency requirements both for new buildings and renovations of existing buildings, new electricity grid requirements, and page upon page of subsidy funds for “clean technology” firms and other would-be winners in the sunlit uplands of the new green economy.
Does Trudeau oppose any of that? Hardly. But if he does, he could prove his bona fides regarding carbon pricing by admitting that the economic logic only applies to a carbon tax when used on its own. He doesn’t get to boast of the elegance of market mechanisms on behalf of a policy package that starts with a price signal then destroys it with a massive regulatory apparatus.
Trudeau also tried to warm his Alberta audience up to the carbon tax by invoking the menace of mild weather and forest fires. In fairness it was an unusual February in Calgary (which is obviously a sign of the climate emergency because we never used to get those). The month began with a week of above-zero temperatures hitting 5 degrees Celsius at one point, then there was a brief cold snap before Valentine’s Day, then the daytime highs soared to the low teens for nine days and the month finished with soupy above zero conditions. Weird.
Oops, that was 1981.
This year was weirder—February highs were above zero for 25 out of 28 days, 8 of which were even above 10 degrees C.
Oops again, that was 1991. Granted, February 2024 also had its mild patches, but not like the old days.
Of course, back then warm weather was just weather. Now it’s a climate emergency and Canadians demand action. Except they don’t want to pay for it, which is the main problem for politicians when trying to come up with a climate policy that’s both effective and affordable. You only get to pick one, and in practice we typically end up zero for two. You can claim your policy will yield deep decarbonization while boosting the economy, which almost every politician in every western country has spent decades doing, but it’s not true. With current technology, affordable policies yield only small temporary emission reductions. Population and economic growth swamp their effects over time, which is why mainstream economists have long argued that while we can eliminate some low-value emissions, for the most part we will just have to live with climate change because trying to stop it would cost far more than it’s worth.
Meanwhile the policy pantomime continues. Poilievre’s anti-carbon tax rallies are popular, but what happens after we axe the tax? If he plans to replace it with regulatory measures aimed at achieving the same emission cuts he should tell his rally-goers that what he has in mind will hit them even harder than the tax they’re so keen to scrap.
But maybe he has the courage to do the sensible thing and follow the mainstream economics advice. If he wants to be honest with Canadians, he must explain that the affordable options will not get us to the Paris target, let alone net-zero, and even if they did, what Canada does will have no effect on the global climate because we’re such small players. Maybe new technologies will appear over the next decade that change the economics, but until that day we’re better off fixing our growth problems, getting the cost of living down and continuing to be resilient to all the weather variations Canadians have always faced.
Author:
Business
Opposition leader Poilievre calling for end of prorogation to deal with Trump’s tariffs
From Conservative Party Communications
The Hon. Pierre Poilievre, Leader of the Conservative Party of Canada and the Official Opposition, released the following statement on the threat of tariffs from the US:
“Canada is facing a critical challenge. On February 1st we are facing the risk of unjustified 25% tariffs by our largest trading partner that would have damaging consequences across our country. Our American counterparts say they want to stop the illegal flow of drugs and other criminal activity at our border. The Liberal government admits their weak border is a problem. That is why they announced a multibillion-dollar border plan—a plan they cannot fund because they shut down Parliament, preventing MPs and Senators from authorizing the funds.
“We also need retaliatory tariffs, something that requires urgent Parliamentary consideration.
“Yet, Liberals have shut Parliament in the middle of this crisis. Canada has never been so weak, and things have never been so out of control. Liberals are putting themselves and their leadership politics ahead of the country. Freeland and Carney are fighting for power rather than fighting for Canada.
“Common Sense Conservatives are calling for Trudeau to reopen Parliament now to pass new border controls, agree on trade retaliation and prepare a plan to rescue Canada’s weak economy.
“The Prime Minister has the power to ask the Governor General to cut short prorogation and get our Parliament working.
“Open Parliament. Take back control. Put Canada First.”
Carbon Tax
Carbon tax tripping up Liberal leadership hopefuls
The Liberals and progressives everywhere were so close. At the height of their influence, no one, certainly anywhere in the English speaking world could make this claim: “Climate change IS NOT an existential threat to planet earth.” Those who did were immediately sidelined, ostracized by their cohorts, dismissed by corporate media and social media behemoths. Sure the battle still rages, but only in their information world where you still see phrases like “climate change denialist”.
You see their information world has not yet realized something new has happened. History writers will say Elon Musk stopped the progressives in their tracks by buying Twitter, releasing the Twitter files and eventually with Donald Trump, swinging the information world in the direction of X. If you have doubts just look at this picture. While the Twitter files reveal the new information world was under the, let’s say ‘secret influence’ of the White House, this photo shows those same tech power brokers are publicly, and happily celebrating the man they worked secretly to bring down. Or at least they’re not ashamed to publicly text their friends about it. The fact they’re not hiding probably reveals their eager support.
Sometimes we find it’s the people we look down our noses at who make all the difference. Like those overweight beer-guzzling hunter types who wear the red hats. (No not the Roman Cardinals, but the Appalachian trailer house occupants). These conspiracy theorists started to proclaim that the world would in fact not burn up by next weekend. Sure many of these seemed to be the same people who claim the world is flat and their neighbor is from another planet. But then more people stepped forward. Not about ‘pancake Earth’, but about the existential threat of climate change.
Family members and friends scorned and ridiculed them, and many still do. They were outraged that a regular citizen would dare to share information from a completely sane climate scientist or researcher who did not agree with the majority. They’d lose their marbles on those silly enough to cite a peer reviewed scientific paper. IF anyone was bold enough to take the time to read an entire report from NASA or Environment Canada, well you’d certainly hear someone say “You fool! You can’t do your own research!! You’re not a scientist!!”
Fortunately, funny man podcaster Jimmy Dore has the perfect comeback for these situations. Dore says when his own friends warned him only a Conspiracy Theorist would do his own research, he replied “You know before COVID doing your own research used to be called… reading”. It’s really worth two minutes to check this out. If you don’t find it funny, really funny, then I’m sorry. One day you will.
Jimmy Dore on the shaming of doing your own research and questioning the narrative during the Covid era…pic.twitter.com/PxCRVgklbj
— James Melville 🚜 (@JamesMelville) January 2, 2024
Speaking of reading, in the days before the printing press the Church and various wildly wealthy monarchs had a stranglehold on information sharing. Those who contradicted the party line could have their heads chopped off by a guillotine bought and paid for with their meagre tax offerings, or, they could expect to be publicly shamed and eternally condemned by their local preacher. Sure some of them probably deserved it but who am I to judge?
Then the printing press was invented. At first the Church leaders said, “Great now everyone can be educated, learn to read and even write themselves, and study the Bible on their own!” Eventually some of those same leaders said, “THIS IS A DISASTER! Everyone can be educated, learn to read and even write themselves, and study the Bible on their own!” After a few centuries the power structures in Europe completely changed. The Church divided into thousands of Protestant movements and the Catholic Church forever lost the political clout it never should have appreciated. Universities sprung up around libraries. Monarchs handed over power to early democratic governments. Books about science lead to scientific innovations. Average Joe’s eventually moved from underground mud huts to middle class condos in the sky.
Well the same thing is happening now with the internet. Except at breakneck speed. What took the printing press hundreds of years to accomplish, takes the internet a few months. The emergence and re-emergence of Trump Presidencies, revolutions against power structures, could not have been accomplished without the way we get information on the internet.
Sure there’s a lot of murky confusion as corporate media used to their powerful podiums of the printing press and cable tv are moving their content over to the new medium. But they’re being (sorry it’s all over, they have been) overtaken by the new form of information sharing. We’ve gone from headlines and ten second sound bites, to three hour long conversations with plenty of time for explaining and context. That’s something cable tv just didn’t have enough bandwidth to deliver.
So what does this mean for people trying to buy 1,200 square foot condos in Canada today?
Well we get to watch the power brokers struggle to retain their grip on / over our lives.
Those running to replace the son of … Hmm. Here’s a perfect example. Depending upon where you get your information from he’s either the son of Pierre, or he has an incomprehensively uncanny and impossibly accidental resemblance to a close personal family friend.
Those running to replace Liberal Leader Justin (let’s leave the last name out until the DNA results are back) definitely believe his father is Pierre. They believe Russians are our enemies. They think COVID vaccines saved the world. They think NATO is protecting Ukraine. And they certainly believe if we pay higher taxes in Canada we’ll save the world from the temperatures many of us pay thousands of dollars to escape to for a few days for six months of the year.
Carney, Gould, and Freeland don’t seem to realize everyday Canadians are simply done with the idea that a Carbon Tax in any form is going to save the world. Thanks to the internet, regular folks/voters have had time to do a little reading and listen to a few long conversations about this. Average people are understanding that CO2 makes up not 40% or 60% of the atmosphere, but .04%. Of that .04%, less than 4% is caused by humans. Mathematically it’s silly to think that paying more for food and groceries and everything else in Rosetown, Saskatchewan or Red Deer, Alberta is going to stop, slow down, or make any difference at all to global temperatures in 20 years.
It’s ironic that it’s the modern progressive movement who are stuck in the old information age. You’d think the slower thinking conservatives would hold on to the old ways and they’d be the ones trying to enforce restrictions on the new communication movement. Somehow the self proclaimed forward looking progressives are the ones trying to censor. Maybe it does make sense. Conservatives are more likely to read their history. They know the ones who censor are always trying to retain their failing grasp on power. New information consumers are ready, willing, and annoyingly attempting to debate. But there’s no debate for those who say “The science is settled.” I guess that means they’re all finished learning things.
Sorry to the Liberal Leadership hopefuls. They haven’t heard the news. Well actually they have and that’s the problem. Instead of paying attention to what’s really happening, they’re dismissing everything and everyone who doesn’t appear on the cable news channels.. other than to be ridiculed that is.
I leave you with this short video from Franco Terrazzano of the Canadian Taxpayers Federation. Franco explains how those vying for control of the PMO are tripping over their new versions of an old and failed Carbon Tax. Pity them. They don’t realize voters have moved on.
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