Carbon credit madness

met the “Supplementarity Principle” that requires a country to undertake emission abatement before buying credits? Or the “Additionality” concept, which asks whether an abatement project would have proceeded without the profit from selling allowances? What we do know is that selling permits imposes absolutely no obligation on the vendor to reduce emissions them to take to really reduce emissions or state entities, which cannot otherwise meet their Paris Accord commitments or other political promises.

Is the public so brainwashed that it will countenance handing over cash to wealthy foreigners just so Justin Trudeau can boast he is following through on an unachievable voluntary commitment that other foreign Mind you, the primary activities at these highcarbon-emitting conferences have been hyperbolic predictions of imminent climatic doom and a determined effort to extort money from the first world for transfer to the third, all fervently pursued in an opulent setting. Meanwhile, the world continually falls behind global GHG targets designed to preclude an apocalypse.

Moralistic rhetoric notwithstanding, we are being asked to divert funds badly needed for critical social programs, merely to help the Liberal prime minister bolster his political standing and preserve bragging rights with his international counterparts. Will Canadians willingly endure longer lines in hospital emergency departments so he can virtue signal fake accomplishments in Davos? Certainly, a new Alberta government will not tolerate being sacrificed on the alter of vainglorious posturing. Nor should Canadians passively accept the erosion of industrial competitiveness, with negative consequences for employment and economic growth, all in aid of a transparent attempt to deceive an indifferent world.

There are many examples of wasteful government policies. This one stands out because of its evident absurdity. Giving away vast sums to foreign companies, oligarchs and governments for nothing substantive in return ought to enrage the public.

The precondition for a taxpayer revolt is that the public understand what its government intends to do. That happened with Trudeau’s failed attempt to change how we elect our MPs in order to advance Liberal electoral prospects, and with his controversial tax hike on personal corporations, which would have devastated many small businesses. At a certain point, popular opposition became too intense and widespread to ignore. Let’s get the message out so Canadians rise up against this latest folly.