Business
Biden-Harris Admin Reportedly Backs Off On Major Emissions Initiative At UN Climate Summit
From the Daily Caller News Foundation
By Nick Pope
The Biden-Harris administration is quietly backing away from a plan to use the ongoing U.N. climate conference to announce an international call for emissions reductions, according to Politico.
It is not clear whether it is because President-elect Donald Trump decisively won last week’s presidential election, but Biden-Harris officials reportedly intended to partner with several other countries in announcing “ambitious” carbon emissions reduction goals for 2035 before the announcement fell through, according to Politico, which cited a draft press release it obtained and several unnamed officials. Had it not fallen through, the announcement could have gone live as early as Monday, the first day of the conference — commonly referred to as COP29 — in Azerbaijan, a Caucasian petrostate with a questionable human rights record.
The aborted call to action would not have been legally binding, though it would have served as a signal to corporations to invest in emissions reduction initiatives and pave the way for other nations to get on board, according to Politico. The countries that would have been named in the announcement would have committed to slashing emissions across nearly every sector of their respective economies, and they would have taken aim at specific chemicals like carbon dioxide, methane and nitrous oxide.
The press release announcing the commitments “clearly won’t be published” at this point, one senior foreign diplomat told Politico, which granted the source anonymity to speak freely on the matter. Beyond Trump’s victory, other potential factors that may have interfered with the plan to roll out the 2035 targets include ambivalence from potential partners or bureaucratic logjam in the European Union, an American ally that typically collaborates on similar climate targets.
The U.S. circulated the idea of putting out a statement ahead of COP29 with “a lot of parties but never pushed for it to become something more,” a European official involved in climate negotiations told Politico.
Trump’s pending return to the White House is looming large at COP29, given the president-elect’s pledges to roll back green spending, regulations and initiatives and jack up fossil fuel production, according to CBS News. Moreover, Trump has also promised to withdraw again from the U.N.’s Paris Climate Accords, which he did in his first term before the Biden-Harris administration rejoined the deal.
The White House did not respond immediately to a request for comment.
Automotive
Trump’s proposed EV subsidy cuts and tariffs could upend BC’s electric vehicle goals
From Resource Works
Canada’s regime of electric vehicle subsidies is facing a crisis with United States President-elect Donald Trump’s promise to end his own country’s EV incentives. Trump has proposed eliminating the $7,500 USD tax credit for those who purchase EVs, as well as threatening to impose a 25 per cent tariff on Canadian and Mexican imports.
Considering the interconnection of the North American automotive industry, this has the potential to severely disrupt Canada’s ambitious goals for widespread EV adoption. In British Columbia, whose provincial government has fully embraced the EV transition, the consequences of Trump’s presidency will be felt the strongest.
Trump’s pledge to eliminate the subsidies comes from his economic vision of a reduced role for the federal government in the American economy. This does resonate with vast segments of the U.S. market, but how it will impact Canada’s automakers is far less clear-cut.
EV subsidies in Canada, either at the federal or provincial level, are essential for the EV industry’s momentum to be maintained. Rebates of $5,000 are offered federally, and $4,000 under the CleanBC “Go Electric” program.
BC consumers can afford to buy EVs at a higher rate, and that helps sustain sales.
If Trump terminates the subsidies, automakers like General Motors, which are already dealing with slower EV production, will be reluctant to stay the course. The EV supply will fall, causing higher prices.
BC is Canada’s trailblazer in the EV market, accounting for almost 1 in 5 EV registrations across the entire country despite making up less than 14 per cent of the population. Policies like CleanBC have made EVs an attractive, affordable option for middle-class buyers, and the provincial government is committed to building up EV infrastructure.
The provincial government’s interim mandates are designed to align with federal goals, which aim for 10 per cent zero-emission vehicle (ZEV) sales by 2025, 30 per cent by 2030, and then 100 per cent by 2040.
BC’s progress will be derailed by market turbulence triggered by Trump’s proposed policies. The removal of U.S. subsidies will be paired with his threat of 25 per cent tariffs on Canadian imports.
In addition to the likely reduction in EV supply, automakers like GM and Ford, which produce many of the EV models partially made in Canada for export to the American market, will be made more expensive and price Canadian-made EVs out of competition.
In BC, the EV battery plants being built in Ontario and Quebec will be delayed or even cancelled due to the lack of economic viability. Manufacturers will shift back to producing hybrid or gas-powered cars, hampering BC’s EV and ZEV targets.
As a result, BC consumers will be hit hard by the twin blows of inflated EV prices and slashed rebates. Provincial and federal budgets are already stretched, and CleanBC could be on the chopping block for cuts if the North American EV industry stagnates.
Charging infrastructure, another key component of BC’s EV strategy, might also suffer. As manufacturers like Tesla and GM scale back production, investments in public charging stations could decline, perpetuating range anxiety and further slowing EV adoption rates.
Trump should be taken at his word when he says EV subsidies will be slashed and tariffs will be imposed on Canadian markets. For BC, the stakes are even higher, and the choices made by the province’s leaders may determine if the CleanBC regime and the EV program will survive the next few years.
One thing is clear, the North American automarket is more unpredictable than it has ever been since NAFTA, and Canada as a whole does not hold the balance when it comes to leverage.
Business
Mom sues Mattel after ‘Wicked’ doll packaging provided link to pornographic website
From LifeSiteNews
“To her absolute shock the website, ‘Wicked.com’, had nothing to do with the Wicked Doll”
A South Carolina mom is suing toymaker Mattel after her young daughter accessed a pornographic website through a link provided on the packaging for a doll based on the new movie “Wicked.”
The mom, Holly Ricketson, recounted in her class action suit filed in Los Angeles federal court that her daughter “used an iPhone to visit the website shown” on the packaging, according to Entertainment Weekly.
“To her absolute shock the website, ‘Wicked.com’, had nothing to do with the Wicked Doll,” Entertainment Weekly reported. “Rather, Wicked.com pasted scenes of pornographic advertisements across her phone screen.”
The link intended to be included on the packaging was WickedMovie.com. The recently released blockbuster movie is based on the successful Broadway musical by the same name.
Ricketson and her daughter reportedly were both “horrified” by what they saw and suffered emotional distress.
“Parents trust that products marketed to children are safe and free from risks of exposure to harmful content,” said Roy T. Willey IV, one of the attorneys representing Ricketson. “Unfortunately, that trust was broken in this instance.”
“This lawsuit is not just about recovering the cost of these dolls; it is about holding corporations accountable for the responsibility they have to safeguard children,” the attorney explained. “When a company markets a product to young children, it has an obligation to ensure that every aspect of that product — from its design to its packaging — is free of risks to their safety and well-being.”
“The Wicked Dolls have returned for sale with correct packaging at retailers online and in stores to meet the strong consumer demand for the products,” a spokesperson for Mattel told US Weekly. “The previous misprint on the packaging in no way impacts the value or play experience provided by the product itself in the limited number of units sold before the correction. We express our gratitude to our consumers and retailers for their understanding and patience while we worked to remedy the issue.”
The South Carolina mom’s lawsuit accuses Mattel of unjust enrichment, negligence and violation of California’s false advertising law, among other things, according to Entertainment Weekly.
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