A world of escalating prices for energy and food isn’t just a temporary aberration caused by the COVID-19 pandemic.
It’s the deliberate, global policy of those who tell us their goal is to defeat catastrophic climate change.
Only twice in the modern era have global greenhouse gas emissions plummeted anywhere close to the levels the United Nations says will be necessary to avoid disaster.
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The first time was the 2008-09 global recession triggered by the subprime mortgage derivatives scandal in the U.S..
The second time was the global recession caused by the 2020 COVID-19 pandemic.
In global recessions national economies contract.
Uncertainty about the future causes people to buy fewer goods and services — almost all made using fossil fuel energy — and therefore emissions decline.
To achieve reductions of the magnitude the UN says are needed to prevent a global temperature rise of more than 1.5C by the end of this century will require annual reductions in emissions approximately equivalent to those caused by the 2020 pandemic recession, from now until 2030.
The only way to achieve that will be to dramatically increase the cost of using fossil fuels, which in turn raises the cost of almost everything, including food, as we replace cheaper forms of energy with more expensive ones.
In the context of global energy policy, Prime Minister Justin Trudeau’s call at the recent Glasgow climate summit for a global carbon tax comparable to Canada’s — currently $40 per tonne of emissions rising to $170 per tonne in 2030 — is consistent with the UN’s advocacy of global central planning to address climate change.
If, for example, Canadian industries have to compete with those in foreign countries that do not have carbon taxes, there will be a tendency for them to defect to those countries.
This is called carbon leakage and in order to combat it what it will inevitably lead to is Canada imposing tariffs on goods and services we import from countries that do not have carbon taxes, so that Canadian industries can compete.
That, in turn, will raise the prices of those imported goods and services, just as the price of domestic goods will rise because of carbon taxes.
Is this the future our government is planning for us?
It’s the deliberate, global policy of those who tell us their goal is to defeat catastrophic climate change.
Only twice in the modern era have global greenhouse gas emissions plummeted anywhere close to the levels the United Nations says will be necessary to avoid disaster.
EDITORIAL: Higher food, energy costs are deliberate — Toronto Sun
A world of escalating prices for energy and food isn’t just a temporary aberration caused by the COVID-19 pandemic. It’s the deliberate, global policy of those who tell us their goal is to defeat catastrophic climate change. Only twice in the modern era have global greenhouse gas emissions...
The first time was the 2008-09 global recession triggered by the subprime mortgage derivatives scandal in the U.S..
The second time was the global recession caused by the 2020 COVID-19 pandemic.
In global recessions national economies contract.
Uncertainty about the future causes people to buy fewer goods and services — almost all made using fossil fuel energy — and therefore emissions decline.
To achieve reductions of the magnitude the UN says are needed to prevent a global temperature rise of more than 1.5C by the end of this century will require annual reductions in emissions approximately equivalent to those caused by the 2020 pandemic recession, from now until 2030.
The only way to achieve that will be to dramatically increase the cost of using fossil fuels, which in turn raises the cost of almost everything, including food, as we replace cheaper forms of energy with more expensive ones.
In the context of global energy policy, Prime Minister Justin Trudeau’s call at the recent Glasgow climate summit for a global carbon tax comparable to Canada’s — currently $40 per tonne of emissions rising to $170 per tonne in 2030 — is consistent with the UN’s advocacy of global central planning to address climate change.
If, for example, Canadian industries have to compete with those in foreign countries that do not have carbon taxes, there will be a tendency for them to defect to those countries.
This is called carbon leakage and in order to combat it what it will inevitably lead to is Canada imposing tariffs on goods and services we import from countries that do not have carbon taxes, so that Canadian industries can compete.
That, in turn, will raise the prices of those imported goods and services, just as the price of domestic goods will rise because of carbon taxes.
Is this the future our government is planning for us?
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