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To: <jfeldsted@shaw.ca>
Subject: Ignore Trudeau's carbon-tax chorus.
Ignore Trudeau's carbon-tax chorus.
Nobel economists aren't backing this plan
Canada's carbon-tax plan would be dysfunctional and ineffectual, according to Nobel Laureate William Nordhaus's work
Terence Corcoran
Financial Post
October 31, 2018
In an effort to bolster the federal Liberals shaky arguments for a semi-national, cash-circulating Rube Goldberg carbon-tax price mechanism, Prime Minister Justin Trudeau and his government are pointing to the work of William Nordhaus, one of this year’s Nobel Prize-winning economists.
Canadians would be better off taking advice from a Nobel Prize winner who supports carbon taxation than listening to “ideologues and politicians who deny there’s a problem in the first place,” Trudeau told high school students in Ottawa on Monday.
Similar appeals to Nordhaus as bearer of a Nobel encyclical for the new tax have come from Environment Minister Catherine McKenna and Gerald Butts, Trudeau’s personal secretary. Butts, a former World Wildlife Fund activist, earlier this month tweeted: “You can now choose between a Nobel Prize-winning economist and (conservative politicians) Kenney/Ford/Scheer when deciding who is right about the economics of pollution pricing.”
Rube Goldberg, by the way, is the famed cartoonist from the early 20th century who drew images of wildly improbable contraptions. In 1931, he produced a pretty good illustration of a “Professor Butts” demonstrating his self-operating dinner napkin, which appears to function in roughly the same way as the climate-fixing carbon price. (The napkin contraption can be found at Wikipedia’s Rube Goldberg entry.)
Aside from the twisted problems embedded in the Trudeau-Butts carbon-price scheme, there’s another niggling issue. Any reading of Nordhaus’s work on carbon taxation cannot avoid the conclusion that Canada’s half-baked, go-it-alone deployment of such a regime is doomed.
As I mentioned in a recent column on Nordhaus, the Nobel economist reached a “bottom line” conclusion in a 2014 paper that a carbon tax would require “clubs” of participating nations that would impose “penalties and sanctions on non-participants” to enforce international climate agreements. Unless most or at least a large number of major countries adopted a similar carbon tax and imposed direct tariffs of up to 10 per cent on all imports from non-carbon-tax countries (so-called free riders) then the carbon tax idea will fail just like the Kyoto protocol, which set out to reduce greenhouse gas emissions back in 1997.
In other words, based on Nordhaus’s own writing on the subject, the Nobel Laureate would have to assess Canada’s carbon tax plan as dysfunctional and ineffectual.
Read on: https://business.financialpost.com/opinion/terence-corcoran-ignore-trudeaus-carbon-tax-chorus-nobel-economists-arent-backing-this-plan
More and more Canadians are waking up to what some of us have known since 2005 – global warming is a hoax. The original Kyoto Accord included severe penalties for failing to meet carbon emission reduction targets, but no mechanism for imposing those penalties. The most recent IPCC effort, the Paris Agreement, does not even bother with penalties.
The top ten carbon emitters world-wide are:
2015 carbon emissions (mmt)
1 China 9,040.74 28.00%
2 United States
3 India
4 Russia
5 Japan
6 Germany
7 South Korea
8 Iran
9 Canada
10 Saudi Arabia
TOTAL 21,663.67 67.09%
Ref: https://www.ucsusa.org/global-warming/science-and-impacts/science/each-countrys-share-of-co2.html#.W9ozguKNxYi
Together, they account for about 2/3 of world emissions. Unless they are all aboard and ensure that carbon emission reduction targets are reached, the reduction plan will collapse.
China is out; the US is out; India and Russia are unlikely to comply. Together, they account for about 54.4% of emissions.
A carbon tax is Canada is a futile exercise with no effect on global warming. It is a fraud within a fraud.
The concept behind the climate change catastrophe is to frighten people witless and easily manipulated. We are terrorizing our youth needlessly. The IPCC and climate change devotees have ruined the careers and lives of people who questioned their ‘science’ and projections. We are facing full-press government censorship. No debate is allowed. People who question our government are demeaned and derided. That is not democratic governance.
When any government imposes its ideology on us, it has lost legitimacy by failing to adhere to the standards and values of our society and failing to represent the people. There are many version of such governments but democratic is not one of them.
Our current federal government is best described as an oligarchy, meaning "rule of the few"; a form of power structure in which power rests with a small number of people – the PM and unelected advisors.
“We need to make sure we're all working together to change mindsets, to change attitudes, and to fight against the bad habits that we have as a society. - Justin Trudeau
If that quote does not frighten you, you are not paying attention. The royal ‘we’ excludes us.
We the people don’t elect governments to change us. A government of elected representatives cannot judge our habits as a society. That is the elitism of an oligarchy.
John Feldsted
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