Wildfires in Canada and unseasonably high temperatures in parts of Europe are being blamed on climate change, further escalating the frenzied sense of urgency propounded by governments, activist groups and the mainstream media to “do something” about carbon emissions. In Canada, it seems no volume of emissions is too small to worry about. B.C. taxpayers, for example, will be paying an estimated $25 million to connect cruise ships docking in Victoria to electric shore power so the ships’ diesel generators can be shut down. This is surely establishing a world record in the cost per unit of avoided emissions.
Speaking of world records, our country is on also on-track to establish a much larger cost record on emissions reductions – spanning the entire nation – through a combination of ever-rising carbon taxes on motor fuel and deliberate debilitation of the oil and natural gas industry, which contributes Canada’s largest share of both GDP and export revenue.
