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Opinion

Tuesday-night Trudeau

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Justin Trudeau at Gatineau Airport, Oct 24 – Photo by PW

Posted with permission from Paul Wells


Justin Trudeau in a hangar, before the comeback, if there’s going to be one

If Justin Trudeau’s historic comeback happens, it will start sometime after Tuesday night, when he spoke to a Liberal Party of Canada fundraiser at the one-runway Gatineau Airport, 21 minutes’ drive from Rideau Cottage on the Quebec side of the river.

The prime minister is two months short of his 52nd birthday. Brian Mulroney was not quite 54 when he became the youngest undefeated prime minister, so far, to announce his retirement from politics. This is the sort of week when I look up numbers like that.

The polls since summer haven’t been kind to the Liberals. I have readers who get cross with me when I mention polls, but I cover the most polling-obsessed government in Canada’s history, and I must decline requests to unilaterally disarm.

Trudeau and his ministers do fundraisers all the time, as do the leaders and prominent MPs in other parties. The only difference on Tuesday was that I went to watch. After some embarrassing early headlines about fundraisers soon after the 2015 election, the Liberal Party changed its rules to increase transparency in fundraising. Now reporters get advance notice whenever Trudeau will be speaking at a fundraiser. I wanted to see what Trudeau says at such things these days, precisely because they’re routine events. Hearing how the prime minister talks to friendlies on a Tuesday night near home was, perhaps, the closest I could get to hearing how he talks to himself.

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This event was a fundraiser for Gatineau MP Steven MacKinnon, a former Liberal Party national director who is serving as the government’s house leader while Karina Gould is on maternity leave. Two cabinet ministers were on hand too, Jean-Yves Duclos and Anita Anand. An organizer told the audience he’d been asked to get a smallish crowd out, “a good 50 or so;” since 67 people bought tickets, he was pretty pleased. The party had announced a ticket price up to $1,500. The crowd was of the sort that routinely gets described as overwhelmingly white and male when it’s a Conservative event, which means it was overwhelmingly white and male, but Liberal.

Trudeau spoke for twelve minutes. He opened by saying nice things about MacKinnon and thanked the two cabinet ministers. Poor Duclos thought he was just out to socialize, Trudeau joked, but Duclos is the minister of public services and procurement, “and around here we talk about a bridge.” Gales of laughter from the crowd. The riding association guy had also mentioned a bridge. There has been endless talk about a sixth bridge between Ottawa and Gatineau; neighbours near the various possible routes are leery, but a lot of people hope a new bridge would improve traffic flow, which often includes bumper-to-bumper heavy trucks on ordinary streets through the middle of Ottawa. A lot of the people who want the bridge the most run businesses. Judging from the PM’s choice of comic patter, they won’t have to wait long.

Trudeau thanked the crowd for coming out. “I know very well that everyone has plenty of choices for the various activities they could undertake on a Tuesday night in the month of October,” he said. This may have flattered the selection of fun activities in Gatineau on a Tuesday.

“You chose to come participate in a democratic event,” Trudeau continued. This was an instinct he could only applaud: “We know very well these days that it’s not always very motivating to get involved in politics. To raise your hand and say, ‘No, no, no, I want to participate in our democracy in an active and involved way. To take part in the conversations we’re having as a country in these difficult moments.’”

Trudeau contrasted this positive spirit with what certain other people, so far unnamed, like to do. “It’s very easy to point our finger at politicians, to complain about inflation or the pandemic or interest rates or labour shortages or housing or all these issues. It’s very easy, and many people decide to turn toward anger, anxiety, fear or division. Because it really pays over the short term, in politics, to rely on fear and division. But it’s so much more important to have a responsible, sensible approach, anchored in shared values. To try to bring us together rather than to divide us in an attempt to win a few points in the polls.”

One sensed an emerging central theme of contrast. “Your choice to come tonight to this Liberal event is enormously touching to me,” Trudeau said. “Because for eight years now, we’ve tried to be a government that stayed rooted in real things. In facts. In shared values. We bring people together rather than divide them for strategic reasons.”

Not only does his government, in his telling, think like good people, it does things good people will like.

“We manage to deliver for people. Even in extremely difficult moments like the ones we’re living through. People are struggling, because of the global context, extremely complex geopolitics that have a direct impact on pocketbooks, on groceries and rent. We have an important role to play as a government, to respond to today’s needs. That’s why we’ve made investments to help people pay their bills, to increase competition among the big grocers. We’re there to provide more daycare spaces. We’re there to help with dental care. We’re there to help with the Canada Child Benefit, which has lifted half a million children out of poverty in recent years. We’re there to create economic growth even as we fight against climate change.”

His audience for the night being mostly Quebecers and, as far as I could tell, mostly in business, the Liberal leader refined his course of general flattery to one of specific business-oriented flattery.

“I’m very proud of what we’ve been able to deliver in Quebec: NorthvoltRio TintoREM… These are investments that show how much — here in Quebec where we’ve always understood that environmental protection and economic growth go together — everyone can make progress together.”

This was a pretty upbeat message, as partisan messages often are — we have the right ideas and the right results, and the other team is trying to wreck it all — but here again, as when he lamented how “not very motivating” the political life can be, Trudeau introduced a distinctly mournful note.

“As usual, it’s a bigger challenge to get this message out in the rest of Canada,” he said. At the risk of talking about polls, I couldn’t help thinking Trudeau was referring to recent pee oh ell ells that show Quebec as the only part of the country where his Liberals are in the lead. Despite big federal spending on Volkswagen ($13 billion) and Stellantis (probably more), the clean green future seems not to tempt a lot of Canadians. “It still feels far off, because the day-to-day is still difficult for many Canadians,” he said. “But we know very well that a society and a future are built step by step.…When we stay optimistic, when we’re reasonable, everything becomes possible in the future.”

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This, he said, summing up, was “the political debate we’re having now…. Within two years — probably in two years — we’ll have elections.” That’s when people will get a chance to choose directions.

“Will we go back to the Conservative ways of trickle-down, cuts to social programs, advantages for the well-off in the hopes that they’ll eventually give everyone opportunity? It’s never worked and it won’t work better now.” Or would voters stick with the government Trudeau sees in the mirror? “We’re going to stay responsible but we’re going to keep investing,” he said.

Only now, at the end of his remarks, did Trudeau switch from French to English. “It’s always an incredible pleasure to spend time with people who are dedicated every day to building stronger communities and a stronger country.” And that was the end of that. The applause lasted for sixteen seconds. PMO staff led reporters out of the room — our access ends when the big guy stops talking.

A few observations on all this.

First, I’m struck by the way Trudeau narrowed down his expectation of election timing: “Within two years — probably in two years.” Probably anyone in a position of responsibility in any party would say an election could come any time, it’s wise to be ready, and so on. But in Trudeau’s mind, the supply and confidence agreement with the NDP seems likely to hold. He is not in a rush. Judgment Day isn’t until 2025.

Second, if he’s getting any advice to hit pause on carbon taxes, he sure doesn’t sound like he’s getting ready to take the advice. The heart of his case for himself is the notion that you can have clean energy and a thriving economy, and indeed that the latter depends on the former. That argument doesn’t require a carbon tax — theoretically, if you subsidize enough battery plants gasoline will become obsolete — but nothing in Trudeau’s fundraiser stump speech sounded like he was laying the predicate for a major retreat on carbon taxes.


BIG HONKING UPDATE, MINUTES LATER:

The feds have made a large announcement that shows the risks in making predictions. I quote:

“The Prime Minister, Justin Trudeau, today announced the government is moving ahead with doubling the pollution price rebate (Climate Action Incentive Payment) rural top-up rate, increasing it from 10 to 20 per cent of the baseline amount starting in April 2024. People who live in rural communities face unique realities, and this measure would help put even more money back in the pockets of families dealing with higher energy costs because they live outside a large city.

“Given the pressures faced by households and small businesses that use oil heating, the Prime Minister also announced that the government is moving ahead with a temporary, three-year pause to the federal price on pollution (fuel charge) on deliveries of heating oil in all jurisdictions where the federal fuel charge is in effect. This pause would begin 14 days from today. While the fuel charge is already returned to consumers through the pollution price rebate, this temporary pause would save a household that uses heating oil $250 at the current rate, on average, while the federal government works with provinces to roll out heat pumps and phase out oil for heating over the longer term.”


Third, and more generally, the case Trudeau was building was for more of the same. “It still feels far off, because the day-to-day is still difficult for many Canadians,” he said, which is how you talk when you’re hoping your ship comes in before people get a chance to pass judgment.

Incidentally, here I think it’s only fair to point out there’s been recent progress on files I often point to as evidence that Liberal plans never pan out. The Canada Growth Fund, the object of this newsletter’s first post, made its first investment this week, a $90 million equity play in a Calgary geothermal energy company. The Canada-US Energy Transformation Task Force held a second meeting. Maybe two years of process news like that will add up to an electorate that’s excited about Canada’s energy transformation. I mean, it’s possible.

Most of all, I was struck by how “more of the same” had better work for the Liberals, because if the boss has a better idea, he’s hiding it well. A leader who once ran on cost-of-living issues…

… is now running on the clean-energy future that feels tantalizingly out of reach, and lamenting his opponent’s insistence on running on cost-of-living issues. His best hunch about timing is that he has no reason to rush, and his best assessment of his work to date is that he needs to do more of it.

Liberals who feel more of a sense of urgency, futility or wasted energy will just have to get on board, I guess. The leader’s not for turning.

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Energy

Market Realities Are Throwing Wrench In Biden’s Green Energy Dreams

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From the Daily Caller News Foundation

By DAVID BLACKMON

 

For two years now, I and others have been pointing out the reality that there is no real “energy transition” happening around the world. Two new items of information came to light this week that irrevocably prove the point.

It is true that governments across the western world appear to be working to bankrupt their countries by pouring trillions of debt-funded dollars, Euros and British pounds into central planning efforts to subsidize renewables and electric vehicles into existence. That reality cannot be denied. The trouble is that no amount of debt money can turn the markets and the markets aren’t cooperating.

Despite all the government largesse that has spurred major additions of wind and solar generation capacity, those weather-reliant energy sources can’t even keep up with the pace of rising demand for electricity. As a result, the markets dictated that the world consumed record levels of coal, natural gas, oil and even wood during 2023. Yes, we are still burning vast amounts of wood for electricity, despite an alleged “transition” from wood to coal which began 500 years ago.

That is reality, dictated by the markets.

Two new bits of data came to light this week that pound the final nails into the coffin of the narrative around the energy transition. A report in the Financial Times, citing data compiled by Grid Strategies, reveals that the buildout of new high-voltage transmission lines in the United States slowed to a trickle in 2023, with just 55.5 additional miles installed. That collapse comes despite the Biden government’s recognition that a massive expansion of this type of transmission lines must happen to accommodate the demands of any true “transition” to renewables.

The Financial Times quotes a 2023 assessment by the Department of Energy that found that “regional transmission must more than double and interregional transmission must grow more than fivefold by 2035 to meet decarbonization targets.” DOE admits such a pace would add more than 50,000 miles of new transmission in just 11 years, which is almost 1,000 times the pace of adds during 2023. Yikes.

A crucial aspect of that DOE study to understand is that it was conducted before we began to understand the true magnitude of additional power demands that will result from the explosive growth of AI technology just now starting to come to full bloom. It was just this past January, at the WEF Forum in Davos, where OpenAI CEO Sam Altman told the audience he believes generation capacity on the grid will have to double over the next decade just to fill the AI demands alone. That is what is needed in addition to the rising demands for EV charging, industrial growth, population growth and economic growth.

The second piece of compelling data arising this week comes from a Bloomberg story headlined, “Data Centers Now Need a Reactor’s Worth of Power, Dominion Says.” The key thing to understand about this story is that the piece is only referencing the needs of planned new data centers being built in Northern Virginia to feed AI development in that tiny sliver of the United States.

This key excerpt from the story says it all: “Over the past five years, Dominion has connected 94 data centers that, together, consume about four gigawatts of electricity, Blue said. That means that just two or three of the data center campuses now being planned could require as much electricity as all the centers Dominion hooked up since about 2019.”

That is not just rapid growth, it is exponential growth in power demand from a single developing technology.

Demand growth needs such as this aren’t going to be filled by unpredictable, unreliable, weather-dependent generation like windmills and solar arrays. And let’s face it: The United States is not going to be able to continue expanding renewables without finding some way to create a massive expansion of transmission. Why build the generation if you can’t move the electricity?

What it all means is that all the grand Biden Green New Deal plans to shut down America’s remaining coal fleet and much of its natural gas generation fleet are going to have to wait, because the market will not allow them. That’s reality, and reality does not care about anyone’s green transition dreams.

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

The views and opinions expressed in this commentary are those of the author and do not reflect the official position of the Daily Caller News Foundation.

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ESG

Tennessee Taking Lead In Protecting Civil Rights And Free Enterprise—And Stopping Political Debanking

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Tennessee Gov. Bill Lee

From the Daily Caller News Foundation

By ERIC BLEDSOE

 

Last week, Tennessee Gov. Bill Lee (R.) signed into law a first-of-its-kind ban on politicized debanking. Sponsored by Rep. Jason Zachary (R.) and Senate Majority Leader Jack Johnson (R.), HB 2100 will prohibit the nation’s largest banks from discriminating against individuals, businesses, and non-profits for their political and religious views.

The new law is a landmark reform to stop large banks from imposing political litmus tests on Americans.

This legislation (HB 2100) is, of course, a reaction to the trend of the largest financial institutions creating partisan barriers to Americans’ access to financial services. Last year, Bank of America closed the deposit and credit card accounts of Memphis-based non-profit Indigenous Advance Ministries. The organization works with Ugandan widows and orphans to provide for their basic needs through Christian charity. Bank of America refused to give Indigenous Advance a reason why they closed the accounts—just that they no longer wanted to work with their “business type.”

Indigenous Advance’s experience is like what the National Committee for Religious Freedom (NCRF) faced when JPMorgan Chase closed their accounts. NCRF promotes religious liberty for Americans of all religious faiths. Chase said it would restore NCRF’s accounts if it disclosed a list of its donors, told the bank which political candidates it intended to support, and sent them the criteria NCRF uses to decide who they want to support politically. NCRF, out of respect for their donors’ right to privacy, declined.

John Eastman, past attorney for former President Donald Trump, was debanked twice at the end of last year by Bank of America and USAA. Again, the banks provided little to no explanation for the sudden closures. Eastman told the Daily Caller that the banks said it was their policy to not provide any further information. Banks stonewalling their customers on why they close their accounts is alarmingly becoming a pattern.

In December 2022, Wells Fargo abruptly closed the personal and business accounts of Brandon Wexler, a Florida-based gun dealer. The bank’s only explanation was a brief mention that it was due to their review of account risk. Wexler had a personal account with Wells Fargo for 25 years and a business account for 14 years. One instance of an account closing might not be worthy of attention, but more and more examples like these are becoming more common. And the only common thread, besides banks refusing to explain their actions, is that the targets of debanking hold political and religious views unpopular on Wall Street and Pennsylvania Avenue. This does not appear to be a policy at one bank, but an unspoken policy across the industry. Commenting on Wells Fargo’s action against him, Wexler said, “I’ve been with them for 25 years,” […] “I’m a professional fireman. I do everything the right way. It’s messed up.”

But large banks debanking individuals and non-profits is not the full extent of politically motivated financial service providers’ discrimination. In September, Tennessee Attorney General Jonathan Skrmetti sent a letter sent a letter to financial service providers who are signatories to the Net Zero Financial Service Providers Alliance (NZFSPA) warning them that their environmental, social, and governance (ESG) strategies may be in violation of antitrust and consumer protection laws. Both state and federal laws prohibit coordinated or collaborative efforts between corporations to restrict trade or commerce. All members of NZFSPA agree to “(a)lign all relevant services and products to achieve net zero greenhouse gas emissions by 2050 or sooner, scaling and mainstreaming Paris Agreement-alignment into the core of our business.” Though the 27 members of NZFSPA are supposed competitors in the financial services market, their joint commitment to restrict sectors of the economy like fossil fuel is clearly a coordinated effort.

Large financial institutions’ boycott of fossil fuel and discriminatory actions against individuals and non-profits for their religious or political views may seem disconnected at first. But those following the ESG movement won’t be surprised to see these politically motivated efforts across multiple sectors. Last month, Montana Attorney General Austin Knudsen sounded the alarm over these radical policies to Wells Fargo CEO Charles Scharf with the support of 15 other state attorneys general. A member of the Net Zero Banking Alliance (NZBA), Wells Fargo has committed, alongside 143 other banks, to implement ESG policies. In the letter, the attorneys general noted that Wells Fargo has a record of debanking Republican candidates and the firearms industry, imposing race- and gender-based quotas on credit customers, and publicly committing to implement radical climate standards on the energy industry.

Leftist activists realize they cannot accomplish such a radical agenda of eroding individual rights and a free economy through the ballot box. ESG is a political tool that enables the far left to bypass the democratic process to will their worldview onto Americans’ lives. In response, policymakers and other stakeholders must strengthen and enforce civil liberties protections, consumer rights, and antitrust laws, so that political activists cease willing their agenda on citizens.

Fortunately, states like Tennessee are taking the lead in protecting civil rights and free enterprise.

Eric Bledsoe is a Senior Policy Fellow at the Foundation for Government Accountability.

The views and opinions expressed in this commentary are those of the author and do not reflect the official position of the Daily Caller News Foundation.

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