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Dan McTeague

Sri Lankans break the Net Zero suicide pact

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What’s happening in Sri Lanka? After months of massive protests, President Gotabaya Rajapaska fled the country last month. He’s since resigned over email from the safety of Singapore. Probably a wise move. Crowds had stormed his official residence and set fire to the Prime Minister’s home.

Gota, as he’s known, played a key role in wrecking the economy. Inflation runs over 50% and the government has defaulted on 51 billion US dollars in foreign debt. In Sri Lanka, the power cuts out every day. There are shortages of fuel, and medicine. The UN predicts that a third of the population could soon be starving. Now the crowds have turned their fury on the governing elites who haven’t run away.

But why is the economy in ruins?

The government blames the Covid-19 pandemic. Mainstream media nods along, alluding to a few other things. But the obvious explanation – “suicide by Net Zero” – is ignored or dismissed as a crazy conspiracy theory.

Gota announced his new fertilizer policy at COP 26 (United Nations Climate Change Conference) in November 2021. He reminded everyone of Sri Lanka’s “national commitment” to halve greenhouse gas emissions by 2030 in pursuit of the now famous globalist goals of “Net Zero by 2050”, or now more commonly  known as simply  “Net Zero”. The problem, it was said, was that nitrogen emissions from “artificial fertilizer” are “a major contributor to climate change”. Gota was determined to lead the world in addressing that “problem”. He was going to make his whole country go organic!

It was clearly a green policy. And perfectly in synch with the exhortations of the other Zeros.

The British Deputy High Commissioner to Sri Lanka spoke of “a responsibility to take action – now”. The UN’s “Climate Action Champion” called for “ambitious policies”. COP President Alok Sharma said that the “window” for action was “closing fast”.

Canadian Mark Carney, UN Special Envoy for Climate Action and Finance, made the preposterous claim that “the global financial system has been transformed to deliver Net Zero”. And Prime Minister Justin Trudeau demanded that everyone “must do more, and faster.” No one warned Gota to slow down and think again.

And the result?

Sri Lankan farmers had been supplying – in full – the domestic Sri Lanka demand for rice since 2005, but only because they’ve been using those very same dreaded “artificial fertilizers”. Inevitably, six months into Gota’s hare-brained experiment, Sri Lanka was importing hundreds of millions of US dollars of rice, and domestic prices were soaring. Sri Lanka’s main source of export revenue and foreign currency is tea. Inevitably, production fell by a devastating 20 percent under Gota’s organic farming diktat.

And now? Disaster. Total disaster.

How do the climate apologists explain away what is going on in Sri Lanka?

The BBC reports that Gota’s demand that farmers use only organic fertilizers was meant to cope with “foreign currency shortages” but led to “widespread crop failure”.

And a “climate disinformation specialist” debunks the theory that “green policies” might “lie behind” Sri Lanka’s misery.

An “expert” says that Gota’s policy “had nothing to do” with his “environmentally sound, principled position”. Besides, he dropped it after “just” seven months. (Just seven months. What’s the big deal?) The fertilizer policy “hurt the economy” but “other factors” also “contributed”.

Non-experts might wonder whether things that “hurt” an economy may also “lie behind” its collapse. The obvious explanation is right: Efforts to implement Net Zero in Sri Lanka was the main cause of the Sri Lankan crisis, and of most “other factors” that contributed.

All this hysterical moralizing was a “sound, principled position”: according to the green extremists, climate change is an existential threat to life on earth. Everyone needs to act right now to achieve reductions in greenhouse gas emissions orders of magnitude greater than any in human history – and in less than a decade.

But now, as Sri Lanka sinks into abject misery, the Zeros say they didn’t really mean it. Sure, they wanted Gota to drive his country over a cliff – but not quite so fast.

Net Zero is inherently ruinous, not just in Sri Lanka, but everywhere it is tried. It implies economic collapse. Indeed it is designed to bring it about. The choice is stark: a functioning economy or Net Zero. No country can have both.

It was a form of “economic suicide”, but how else could Gota meet the radical targets to which he’d already agreed?

NEXT:  The Zero plan unfolds in the Netherlands and Canada

Dan McTeague | President

dan_mcteague_headshot.jpg

An 18 year veteran of the House of Commons, Dan is widely known in both official languages for his tireless work on energy pricing and saving Canadians money through accurate price forecasts. His Parliamentary initiatives, aimed at helping Canadians cope with affordable energy costs, led to providing Canadians heating fuel rebates on at least two occasions.

Widely sought for his extensive work and knowledge in energy pricing, Dan continues to provide valuable insights to North American media and policy makers. He brings three decades of experience and proven efforts on behalf of consumers in both the private and public spheres. Dan is committed to improving energy affordability for Canadians and promoting the benefits we all share in having a strong and robust energy sector.

 

 

An 18 year veteran of the House of Commons, Dan is widely known in both official languages for his tireless work on energy pricing and saving Canadians money through accurate price forecasts. His Parliamentary initiatives, aimed at helping Canadians cope with affordable energy costs, led to providing Canadians heating fuel rebates on at least two occasions. Widely sought for his extensive work and knowledge in energy pricing, Dan continues to provide valuable insights to North American media and policy makers. He brings three decades of experience and proven efforts on behalf of consumers in both the private and public spheres. Dan is committed to improving energy affordability for Canadians and promoting the benefits we all share in having a strong and robust energy sector.

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Dan McTeague

COP in Focus – Part 5 – Trudeau Commits to Shutting Down Canada, While Driving a Jaguar

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#Just out of his electric Jaguar (because nothing says “I’m staying in touch with the average person” like a Jaguar), Justin Trudeau took the stage at the Conference of the Parties (COP26) meeting in Glasgow yesterday.

Trudeau’s message in Glasgow:  his extreme green agenda is about to get, well, more extreme.

Here are the “highlights”:

– a carbon tax set to reach 170 dollars a ton in less than a decade. (Over four times its current price);

– a second carbon tax called the “Clean Fuel Standard”, or CFS, that he sneaked by with little notice as a regulation;

– a tax on methane that is, in effect, a third carbon tax for anyone using natural gas (and this represents more than a third of our energy in Canada);

– billions in handouts to cities to buy electric buses that then don’t work well in the Canadian winter (and in some cases need polluting diesel generators to be heated);

– billions to the provinces for electric vehicle charging station subsidies so that people wealthy enough to buy an electric car can find a place to charge it;

– billions in handouts to an international fund to help other countries reduce their emissions with the same;

And that’s not all, even at a time when the country is massively in debt and more so every day, when the cost of living is rising dramatically and banks are now signaling interest rate rises are coming, when Canadians are trying to come out of over a year and a half of unprecedented lockdowns and start society up again……..

Now the Prime Minister says Canada will put an absolute cap on oil and gas emissions, and lower that cap every year.

All these announcements might seem like mere noise to most of us. This is because we don’t appreciate the day-to-day implications – who has the time to figure out what all of this means? And it sounds good, doesn’t it? You know, because “green.” Because it’s 2015, um, no – because it’s 2021.

But Canadians need to know these latest installments of Trudeau’s green agenda have very real implications. And yesterday’s announcement should drive the point home.

If you don’t allow greenhouse gas (GHG) emissions to rise, how do you build infrastructure projects? How do you grow your economy? How do you deliver oil and gas exports to nations that want them and can’t believe we won’t export them? How do you get our oil and gas – some of the most cleanly produced in the world – to places where people still heat with much dirtier, much less efficient, much less healthy wood and dung? The fact is you don’t.

Trudeau’s announcement is his most powerful signal yet that he will kill the Canadian economy to satisfy his ideological green agenda. Our lives are about to become significantly more expensive.

And this doesn’t have to happen.

But Trudeau is making it happen.

Will resource company CEOs finally stand-up?

Will all those executives bending over backwards to show how committed they are to being “green” finally defend the interests of their shareholders – all of us who have their stocks in our RSPs and pension funds – and say “enough is enough”? Will our energy executives start to express even the slightest interest in the hundreds of thousands of Canadians currently in their employ – people who will lose their jobs as a result of Trudeau’s policies?

Life is going to get even less affordable. But wow, that electric Jaguar is a nice-looking car isn’t it?

Dan McTeague | President, Canadians for Affordable Energy

dan_mcteague_headshot.jpg

An 18 year veteran of the House of Commons, Dan is widely known in both official languages for his tireless work on energy pricing and saving Canadians money through accurate price forecasts. His Parliamentary initiatives, aimed at helping Canadians cope with affordable energy costs, led to providing Canadians heating fuel rebates on at least two occasions.

Widely sought for his extensive work and knowledge in energy pricing, Dan continues to provide valuable insights to North American media and policy makers. He brings three decades of experience and proven efforts on behalf of consumers in both the private and public spheres. Dan is committed to improving energy affordability for Canadians and promoting the benefits we all share in having a strong and robust energy sector.

 

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