I'm sure he knows lots, but he's a lawyer who runs a think tank. There's obviously some basic stuff he doesn't know, or he's doing like lots of other think tanks and trying to score political points while ignoring fundamental econometrics.
Think about what you just posted... The UN, including the IPCC is headed by Ban Ki Moon. Does that mean because Moon is not a climatologist that the IPCC has no expertise in climatology?
I had both in my first year. Required courses. His argument is full of wholes. If you disagree then perhaps you'd like to explain how the current accepted definition of utility is wrong, and explain his magical new paradigm.
Like what holes? What magical new paradigm?
Read what taxslave posted and you'll get the gist, gvt funneling money from one department to another does not represent a new source of capital into the system. From an economic standpoint, all the CBC is doing is funding another department to the tune of $1 billion a year.