Net-zero climate policy offers much pain, little gain

The world is waking up to the fact the climate-policy goal of achieving “net-zero” CO2 emissions brings crippling economic pain.

Fossil-fuel prices shot up 26% across industrialized economies last year and will rise globally by another 50% this year. Politicians blame Russia’s invasion of Ukraine, but the long-term trend stems mostly from governments demonizing fossil fuels while their societies remain dependent on them. Since the 2015 Paris climate agreement, global fossil-fuel investment has halved, inevitably driving up prices.

As fossil-fuel prices climb, activists believe people will shift painlessly to renewable energy sources. But they’ve made a major miscalculation: Renewables are far from ready to power the world.

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Regulating vehicle sales will make life even more unaffordable for Canadians

Canadians are facing a cost-of-living crisis due to soaring prices for everything from transportation to housing, clothing, and food. Nearly three in four Canadians report that rising prices are affecting their ability to meet day-to-day expenses.

Now life is about to get even more expensive for Canadians with the federal government’s plan to regulate vehicle sales.

Sales regulations restrict the gas-powered vehicles available to Canadians, no matter how fuel efficient or for what purpose they are needed. Given the price gap between gas-powered vehicles and zero-emission vehicles (ZEVs), that means low- and middle-income, rural, remote and Northern Canadians will bear the brunt of this misguided policy.


It’s the Star so ultimately the author believes EV’s will be our salvation by just throwing more money at them!

No mention of how these deadweights will be charged every evening of course. That’s funny given the Star just published an article about the extension granted the aged Pickering Nuclear station in light of anticipated power shortages.

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John Podesta: Biden’s New Green Investment Czar

In the Biden administration’s uncanny ability to put the wrong people in the wrong jobs, naming John Podesta to be the new “climate czar” might be its masterstroke.

The White House announced recently that John Podesta will oversee $370 billion in clean energy investments included in the Inflation Reduction Act. This makes him the decision-maker for handing out money to make green energy a viable, cost-effective replacement for fossil fuels. Green energy subsidies and other government giveaways have been tried before, and failed, but not at this scale. With so much money at stake, you might have expected the administration to choose someone with a strong background in energy technologies or perhaps someone possessing deep experience in the energy business who can spot the good (and bad) uses for all that money.

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GOLDSTEIN: How to fight climate change without national carbon tax

New Conservative leader Pierre Poilievre claims he can reduce Canada’s industrial greenhouse gas emissions without a national carbon tax. So does U.S President Joe Biden.

That’s not the view of Prime Minister Justin Trudeau, of course. He says a national carbon tax/price is the most effective way to reduce emissions linked to climate change.

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The hidden truths about your electric car

What are the implications of purchasing an electric vehicle (E.V.)? Let’s find out.

A new full-size E.V. capable of traveling about 300 miles with a single charge currently sells for about $60,000. Typical E.V. battery replacement after 3–5 years of normal use sells for $10,000–$15,000. This type lithium battery replacement is handled only by an authorized dealership. On the other hand, a new full-size gas vehicle (G.V.) sells for approximately $40,000. Typical battery replacement for the same normal use sells for $100–$150 and can be replaced and installed by the individual owner.

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When it comes to energy and climate change, Canadians want it both ways

In the past year, global events have thrust the issue of energy to the forefront of Canadians’ minds. From the war in Ukraine and the energy shortage facing Europe to rising costs of energy here at home, Canadians have been bombarded by news and commentary about what our energy future should look like.

At the same time, global concern about climate change remains very high, and is higher in Canada than it is in other countries.

Net Zero is a dangerous elitist fantasy and will end when enough people can’t heat their homes or afford fuel for their vehicle.

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The hand of government is all over UN-sponsored climate panel

Since 1990, the Intergovernmental Panel on Climate Change (IPCC) has produced regular assessments of the state of climate science and also provided reports on particular aspects of climate science when requested by the United Nations, its primary sponsoring entity. The IPCC has long advertised itself as an unbiased and objective reporter on the state of climate science, and even otherwise independent-minded people often base arguments about the consequences of climate change on IPCC numbers.

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RBC Says Canada May Soon Face Energy Shortages …

Canada’s biggest commercial bank says the country will struggle to meet soaring electricity demand in coming years unless governments make tough decisions.

Energy consumption is expected to surge 50 per cent in the next decade but the country’s ability to meet that demand is constrained by its commitment to a net zero grid by 2035, Royal Bank of Canada said in a report Tuesday. Ontario, the country’s economic engine, could face power shortages as early as 2026, the bank warned.

Thanks to Moron Trudeau’s Net Zero Nonsense

h/t DM

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