Category: climate change

The Big and Fatally Flawed Business of Climate Change

Commentary The world has been ending for decades. In 1989, a senior official from the U.N. Environment Program warned that “entire nations could be wiped off the face of the Earth by rising sea levels if the global warming trend is not reversed by the year 2000.” For good measure a study from the program…


$1 Billion Election Pledge to Protect Great Barrier Reef

Australian Prime Minister Scott Morrison has pledged $1 billion over the next nine years towards the Great Barrier Reef if elected, after successfully campaigning UNESCO to delay a decision to list the World Heritage site as “in danger” six months ago. The announcement comes three weeks after Opposition Leader Anthony Albanese said he would inject…


Woke Capital Won’t Save the Planet—But It Will Crash the Economy

Commentary Judged by BlackRock CEO Larry Fink’s latest letter, January 2022 might turn out to be the highwater mark of woke capitalism. Stakeholder capitalism is not “woke,” Fink says, because capitalism is driven by mutually beneficial relationships between businesses and their stakeholders. He’s right. What Fink describes is capitalism pure and simple, the stakeholder modifier adding…


Ottawa’s Climate Plan a Cautionary Tale for Governments Everywhere

Commentary City of Ottawa politicians have done us all a great favour with their climate change plan. It is not that, at 0.014 percent of world emissions, anything Ottawa does will make any difference to world climate, of course. It is that, by enabling a plan forecast to cost over $57 billion, Ottawa has set…


Remember US Energy Independence Day?

Commentary Once, during a meeting with then-presidential candidate Donald Trump inside Trump Tower on Fifth Avenue in New York, we discussed energy policy. I told Trump that if we went all out to produce America’s abundant supply of oil, gas and coal, the United States could be energy independent in four years. Trump looked at…


State Street Sets New Targets for Biggest Companies on Climate Change, Boardroom Diversity

The world’s fourth-largest asset manager, State Street, is putting listed companies on notice to take more action on climate change and ensure more women are promoted to board positions. State Street Global Advisors (SSGA) controls around US$4 trillion in shares across significant companies in the United States, Australia, Canada, Europe, and the United Kingdom, and…


The Abuse of Science

“In ordinary logic, almost all effort is concentrated on the syllogism. The logicians seem scarcely to have thought about induction. They pass it by with barely a mention and hurry on their formulas for disputation. But we reject proof by syllogism because it operates in confusion and lets nature slip out of our hands…” —…


Stop ‘Authoritarian Climate Governance’ Before It is Too Late

Commentary If COVID has taught us anything, it is that the technocratic class has little compunction about restricting freedom. Moreover, once they grab power, they are very reluctant to give it back. But our would-be overlords have one big problem. The pandemic that they argued justified restrictions on individual liberty will eventually ebb. So, the…


Environment Minister Has Full Plate as Trudeau Ramps up Climate Agenda

Canada’s new environment minister Steven Guilbeault has a lot on his plate as the  government seeks to tackle what it says is the existential threat of climate change. Guilbeault received his mandate letter from Prime Minister Justin Trudeau on Dec. 16, which contains twice as many issues to pursue compared to the former minister in…


How the Biden Administration’s Build Back Better Plan Helps China

Commentary As China sits by and quite literally laughs at the United States, the Biden administration is busy overseeing the biggest climate investment in the country’s history. As the world’s largest emitter of greenhouse gasses fails to do anything to reduce its carbon footprint, when will the world recognize one simple fact: the Chinese Communist Party (CCP) couldn’t care less…