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Dan McTeague

COP27 – Playing the fiddle while Rome burns

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In case you missed the (mainstream) media frenzy, the 27th Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) just wrapped up in Egypt.

This is the annual conference that highlights just how completely out of touch the elites, environmentalists and world leaders truly are, including our own prime minister.

In the weeks leading up to COP, the media was full of hysterical statements from politicians, UN bureaucrats, and activists. In October, the British newspaper The Guardian quoted UN Secretary General Antonio Gutteres: “The fossil fuel industry is killing us.” In the same piece the “co-founder” of a “change agency” (whatever that is) says we’re facing “Armageddon”.  Gutteres told the delegates we’re on a “highway to climate hell”. Celebrities fly in on their private jets and pose for pictures. Politicians make more hysterical speeches.

There were lots of meetings and negotiations. It always turns out that the last round of green plans and “climate” policies didn’t quite work, and the solution is always, well, more plans and policies. Then they do it all again the next year.

And it would be funny if it weren’t so damaging. If ever the expression ‘playing the fiddle while Rome burns’ applied, this is it.

Domestically, Canadians are struggling to pay for food, heat, and housing. Inflation is driving up the cost of everything and Canadians are feeling it. Food banks across the country are sounding the alarm on record breaking visits. They note that it is no longer the unemployed that are primarily visiting them, it is the ‘working poor’ those who are employed but simply cannot make ends meet. Many Canadians are choosing between heating their homes or feeding their families. The situation is bad. And it’s even worse in Europe, but that’s another story.

In the midst of this, the Trudeau government is focusing their time and our resources on what? Greenhouse gases that might raise temperatures very slightly over the next quarter-century.  And they are doing this at enormous expense. The cost of this climate cult to Canadians is mind-boggling. Since 2015, Trudeau has spent 60 billion dollars trying to get our tiny contribution to global greenhouse emissions – around 1.5 percent – even lower.

Over the next thirty years, the total cost of the government’s climate initiatives will be around 2 trillion. 

Let that number sink in.

But that’s just what they’re spending. In addition, we should think about rising carbon taxes and energy costs, which make everything more expensive. We should think about the jobs we’ll lose, and the massive profits we could be making if the government would let our resource sector operate normally.

And have the last 26 COP conferences slowed the warming trend? Of course not. While according to Canadian Minister of Environment and Climate Change Steven Guilbeault“progress on commitments was at the forefront of this COP,” you can be sure there will need to be a 28th, and a 29th and a 35th COP conference. At some point, Einstein’s definition of insanity might apply – doing the same thing over and over again and expecting a different result.

It goes to show just how out of touch the Trudeau government is. It is an insult to have Canadians pay for politicians and bureaucrats to be “COP delegates” and to fly halfway around the world for another pointless conference. We’re on a highway to hell, alright, but not because the world may be a little warmer in 2050.

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Dan McTeague

’Net-Zero’ Carney’s going to build new pipelines? I’ll believe it when I see it!

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By Dan McTeague

Ever since Mark Carney’s rise to power, people have been trying to sell me on the idea that he’s just what this country needs — a (supposedly) practical, no-nonsense businessman who can clean up the mess his highly-ideological predecessor, Justin Trudeau, left us in. To reinforce this claim, they point to the constant rumblings about Carney’s commitment to building new oil and gas pipelines in Canada.

I’m sorry, folks, but I’ll believe it when I see it.

Now, building new pipelines is an understandably popular idea. Construction alone would be a serious job creator. New pipelines would enable us to further capitalize on our abundant natural resources. They would pump up the domestic oil and gas supply, bringing down the cost of energy for families and businesses alike, thereby invigorating our economy and fortifying the Loonie.

They would also reinforce national unity at a time when that is being sorely tested.

Green propaganda has created and increasingly widened ideological divides over the resource sector, still the backbone of our economy. Our thriving activist class are happy to exploit these divisions and to do whatever they can to kill new resource projects before they get off the ground. Over time, this has made it just plain easier to sell Canadian fossil fuels to the US, which has been happy to take them off our hands.

Make no mistake, if we made good use of this period of unfortunately high tensions with our cousins to the south, by beefing up our energy infrastructure and fortifying our economy, which would ultimately make us a more attractive trading partner, I’d be all for it.

That said, anyone who believes that Carney is fully committed to new pipelines should revisit what he’s actually said on the matter. They would discover that he has been talking out of both sides of his mouth on pipelines since the moment he stepped out from behind the curtain and publicly took the reins of the Liberal Party. He’s been purposely vague when talking to pipeline-sympathetic crowds out west, and explicitly reassuring when speaking to anti-pipeline crowds elsewhere, saying things like “I would never impose [a pipeline] on Quebec.”

Which should surprise no one! Mark Carney is still Mark Carney. From his banking career to his time at the megafirm Brookfield, from his role as the UN Special Envoy for Climate Leadership and Finance to founding the (now collapsed) Glasgow Financial Alliance for Net Zero (GFANZ), he has spent his entire career working towards a net-zero global economy, no matter how disastrous this would be for the world generally and Canada specifically.

Carney himself described his magnum opus, GFANZ, as being “relentlessly, ruthlessly, absolutely focused on the transition to net-zero.” The same could be said about Carney himself.

Which is to say, though he is more sophisticated, Carney is no less of a “Green” ideologue than Justin Trudeau.

“But, but, but!” I can hear people saying, “He saved us from the carbon tax!”

To which I answer: No, he did not. A longtime apostle of carbon taxation generally, and of Trudeau’s carbon tax specifically, Carney’s main issue with the carbon tax was that it had become “too divisive” — meaning we had noticed its effect on our lives and started complaining about it. To fix that, he used what amounted to an accounting trick to hide it from our view.

Meanwhile, he remains committed to all of his party’s environmentalist legislation and regulations, including the Clean Fuel Standard, which jacks up the ethanol content of our gasoline, while progressively raising the price per litre; Bill C-48, the Oil Tanker Moratorium Act, which significantly reduces our ability to export our natural resources; Bill C-59, which bans businesses from touting the environmental positives of their work if it doesn’t meet a government-approved standard; and the egregious Electric Vehicle mandate, which forces us to buy, starting next year, cars which are poorly suited for our climate, geography, and lifestyle, and for which we simply do not have the infrastructure.

And, most pertinent to this discussion, Mark Carney remains committed to Bill C-69, the “No More Pipelines Act,” which even the Supreme Court said overstepped the federal government’s constitutional authority.

So despite all of their advantages, Mark Carney’s decades of net-zero commitments make the chances of us actually getting a single new pipeline out of this government extremely remote, probably nonexistent.

I’d love to be wrong. I don’t think I am.

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Dan McTeague

Time is running out, Mr. Carney…

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By Dan McTeague

U.S. tariffs continue to threaten the Canadian economy. Meanwhile, Canada’s debt levels continue to grow. The obvious solution is to develop our oil and gas and become an energy superpower. However, time is running out for Prime Minister Carney to act.

He’s talked a big game but has failed to act as anti-energy Liberal laws continue to drive away investment. This week, TC Energy and Enbridge have indicated they’d prefer to make investments in the U.S. instead of Canada.

Dan McTeague explains in his latest video.

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