by Joe Oliver

Canada's Ex-minister of Natural Resources

and Minister of Finance in the Harper government.
November 21, 2023
from FinancialPost Website





Prime Minister Justin Trudeau

makes an announcement that the government

will double the carbon price rebate for rural Canadians

beginning next April during a news conference in Ottawa

on Thursday, Oct. 26, 2023.

Photo by Sean Kilpatrick/The Canadian Press

The Trudeau Climate Plan runs into Reality

The stubborn Trifecta - Missed emission targets,

blowback against carbon tax

and realization Canada can't change

global temperatures...

Reversing climate change has defined the Trudeau government, generating the incessant virtue signaling and innumerable intrusive initiatives for which, after eight years, it is infamous.

But now the entire climate project is staggering from a trifecta of reality checks - missed emission targets, public blowback against the carbon tax and, at long last, growing realization that nothing Canada does will change global temperatures.

In a withering report earlier this month, the federal environment and sustainable development commissioner said he was,

"extremely concerned about the federal government's ability to achieve meaningful progress" toward its 2030 emissions goals.

Not only won't it reach its targets, it won't materially move the dial.

In fact, only twice in recent decades did emissions decline significantly - during the 2008 Financial Crisis and the 2020 'pandemic' - though for reasons unrelated to government policy or actions.

Weaknesses in Canada's economic modeling, the commissioner wrote, have included,

"overly optimistic assumptions, limited analysis of uncertainties, and lack of peer review."

And there's more.

The 'Net-Zero' plan,

"did not include a target or expected emission reductions for 95 percent of its measures" while federal organizations "expected only 43 percent... to have some direct impact on emissions."

So:

the government does not know what it is doing, is not measuring progress, and isn't going to meet its statutory obligation and political commitment.

Ouch...!

To all but the committed, it has been obvious for some time that the government's chances of reaching its Net-Zero targets by 2040 and 2050 were remote...

And yet the attempt could cost trillions of dollars and hit ordinary Canadians hard, especially the most disadvantaged.

The silver lining in this failure of the government's signature policy program is that success would have been even more costly - although the government can hardly take credit for incompetence.

According to the Canadian Federation of Independent Business,

85 percent of businesses oppose the federal carbon tax and want it removed, up by a third from last year.

In a stunning reversal, the prime minister bent to the political winds, increased rural carbon tax rebates, and suspended the tax itself on home heating oil for three years, a measure that favors the Atlantic provinces.

The about-turn undermined both the rationale for the tax and the government's commitment to it, outraged many non-Atlantic Liberal MPs and all environmental activists, and galvanized other provinces to demand comparable treatment.

Though he would not confirm them, there were rumors Steven Guilbeault, minister for environment and climate change, had threatened to resign if more carbon tax exemptions were granted - not that the departure of an eco-radical and "proud socialist" unrepresentative of the values or interests of ordinary Canadians would be widely mourned.

But even rumored threats of resignation have been rare under a prime minister notoriously intolerant of dissent from his caucus.

Could the Liberals' devastating poll numbers - according to 338Canada, they have less than a one percent chance of winning the next election - be causing him to lose control of his cabinet?

For all the pain and divisiveness they have brought, Canada's climate policies, even if they achieved their Net-Zero fantasy,

would have only a minuscule impact on global temperatures...

The much-maligned oil sands, which represent 97 percent of Canada's proven oil reserves, only constitute one-one-thousandth of global emissions.

Their share of "man-made" GHG emissions is one part in 25,000...

When the prime minister claims that Canadian emissions are contributing to extreme weather events, like forest fires here, he is simply making it up...!

On that point, even the UN's International Panel on Climate Change agrees.

Other rich economies that had been vocal advocates for costly green policies are backing off in response to blowback from voters struggling to cope with stagnant incomes and high inflation.

And the other two-thirds of the world is unapologetically using the most affordable energy available, irrespective of its carbon footprint.

China is building the equivalent of two coal plants a week, with six times as many plants starting construction as the rest of the world.

India plans to increase coal production by 60 percent by 2030.

 

South Africa relies on coal for 69 percent of its primary energy consumption...

That the emperor is buck naked is evident to all but the willfully blind.

Even they privately concede the political climate has become extremely chilly for anyone attired in a green birthday suit. But fighting a supposed climate "apocalypse" is so central to Justin Trudeau's 'mission' he cannot back off.

It will be up to a successor to bring common sense and reality back to Canadian policy...