It is a temporary stimulus that might do harm not good. It is also an artificial stimulus which requires higher taxes to force people into compliance.There is also nothing to say China and other emerging economies won't start supplying us with green technology once demand becomes high enough.
Explain how building new technology and infrastructure that is more efficient, and removed from turbulent fossil fuel markets could be harmful. We export energy. Then import it back again. We can continue to export it, and supply a larger percentage of our own.
Manufacturing here is value added to the Canadian economy, and it's not a temporary stimulus. We could stand by and watch as other countries develop these technologies, and then have no foothold in a already booming market. Is that what you want? You're the one complaining about losing competetiveness, but being unrationaly pessimisstic about the opportunity to become more competetive...
They already produce everything more cheaply and not just because of labour costs but because of lower health and safety standards. Forcing greenness on our companies gives China and other countries yet another advantage.
Building new green companies replaces the weak ones who can't compete. There's more to the options than compliance, there's tax incentives.
I do understand what your saying however IMO your making some pretty big and unwarranted assumptions about this "green" revolution.
So, take it from economists and other professionals then. You can read all about their assumptions.
PriceWaterhouseCoopers, concludes that it is possible to make the cuts in emissions while maintaining growth.
Energy efficiency is the key.
One Chrysler plant was able to
save $627,000 annually, and the payback period on the capital invested is only 2 months...
Some of it requires
changing current market incentives, such as the electric utility industry which doesn't favour efficiency at all.
You can google to find hundreds more examples...
Not to mention it's a pretty silly method for fixing a trade imbalance.
Nobodies talking about a trade imbalance...though you certainly can't improve a trade imbalance if all of your efficiency gains come from imported expertise and technologies...