The Canadian government announced earlier this week that capitalism was no longer of any interest to it. Steven Guilbeault, the enlightened Minister of Environment has decreed that by 2035 internal combustion engine (ICE) vehicles must be phased out in favour of electric vehicles (EVs). This dirigiste move flies straight in the face of the principles of a market economy that enable the technology required for the energy transition and will no doubt be rife with unforeseen consequences.
