Testifying at the Commons natural resources committee this week, Environment Minister Steven Guilbeault confessed “it is premature to estimate economic impacts” of closing down Canada’s energy sector, beginning with a hard cap on emissions for the oil and gas sector, announced by Trudeau at a UN enviro conference in Glasgow last year.
How can any responsible government be plotting the gradual closure of over 12% of our economy without first calculating the economic pain of their moves?
The Macdonald-Laurier Institute think tank also reported this week that the Liberals’ push to allow only electric vehicles to be sold in Canada as of 2035 (whether e-vehicles are suited to our climate and distances, or not) is the most expensive and least effective emissions-reduction strategy around.
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