Aug. 25, 2022

Trudeau and Germany's Scholz playing a fools game

See report in Globe and Mail.

The Justin Trudeau – Olaf Scholz vaudeville skit on TV could have been headlined: “Layers of Lies.”

We have leaders of two western industrialized nations spouting nonsense about the green scheme both are committed to.

Neither has the backbone or courage to admit that they have not done a feasibility study of the carbon emission reduction plan invented by the United Nations Intergovernmental Panel on Climate Change (IPCC). They committed their nations and economies to a questionable theory that has never been critically examined or peer-reviewed.

Carbon dioxide is an odourless, colourless gas vital to the healthy growth of plant life on the planet. Without the oxygen produced by plant life, humans would perish. Inferring that carbon dioxide is a pollutant is a flat-out lie designed to deceive the unaware into believing the particulate matter and steam they see from industrial plants is carbon dioxide.

Canada and Germany are dependent on coal and petroleum products for the majority of their growing energy needs. If they were not, Germany would not be facing a bleak winter, and Canada would not be facing a potential depression or recession.

Refusal to develop our petroleum sector has resulted in heavy government borrowing which would not be necessary if we were developing, refining and exporting these natural resources. We ship millions of tons of coal to Asia from our west coast, but our governments and eco-freaks ignore that.

The real reason why Chancellor Scholz is here is to secure resources for Canadian minerals (cobalt, graphite, nickel and lithium) for automakers Volkswagen and Mercedes Benz to build batteries for electric vehicles. Mining and refining these minerals is enormously expensive and energy-consuming. The lie that electric vehicles are carbon neutral is repulsive.

The charade of Trudeau and Scholz pledging everlasting commitment to supporting Ukraine is laughable. Germany is dependent on Russian energy. Russia depends on energy exports to keep its economy afloat. Russian threats to cut of supplies to Europe ring hollow as it needs the money from export sales.

Canada has marginalized itself. It cannot, by design, step up to provide Europe with alternate energy sources. Trudeau’s bluster is meaningless. Hydrogen exports will require billions in refinery construction and investors have fled our erratic, irrational and unpredictable government.

Aircraft, artillery pieces, army convoys, armoured vehicles, cruise missiles, conventional missiles, ships and tanks do not operate on electrical or solar power but are vital to our national defence. It is more evidence that little attention has been paid to obvious areas where carbon emission reductions are not possible.

I am reminded of the years preceding the 2008 sub-prime housing market crisis. Banks, governments and financial institutions were all supremely confident in the strength of their system of international financial transactions. No one bothered to ask critical questions. It was assumed that various fiscal instruments were properly supported with tangible assets – until one day when a critical question was asked. It turned out that American mortgage-backed securities did not have the required asset support causing investors and bankers to have to write down asset values causing an upheaval in the financial markets.

We are in much the same position with the green scheme. No one is asking critical questions or measuring the impact of the hypothesis on various elements of our economy. The current arbitrary demand that we reduce fertilizer use does not take into account reduced food production in an increasingly hungry world. In the real world, cause and effect are meaningful.

A critical question is what effect will a reduction in Canada’s emissions have on world carbon emissions? The other question is what if carbon emission reductions have no measurable effect on climate change? Until those questions can be answered we live in a fool’s paradise.