Juno News - March 31, 2024


Is Trudeau being honest about his climate policy?


Episode Stats


Length

8 minutes

Words per minute

178.72655

Word count

1,454

Sentence count

3


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

In this episode of the Andrew Lawton Show, host Andrew Lawton is joined by Ross McKittrick to discuss the Prime Minister's carbon tax and its impact on the economy and the cost to consumers of carbon pricing.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 you're tuned in to the andrew lawton show
00:00:05.920 i believe we have ross mckittrick back on the line now ross uh good to talk to you here what
00:00:13.620 does it feel is really the the misdirection taking place here where the government is saying
00:00:18.460 on one hand that this is not a heavy-handed regulatory process on its part um well the the
00:00:25.800 comment that i made in my op-ed was that um it's one thing for trudeau to say we believe in the
00:00:32.660 economic principles of efficient climate policy but his actual policies are anything but he's um
00:00:39.600 yes he's got this elegant little carbon tax going but the real cost of his policy are all the other
00:00:45.920 regulations the clean fuel standard the ev mandate the building energy efficiency codes all these
00:00:52.500 other regulations massively increase the costs of his climate policy so um the carbon tax itself
00:01:00.020 it's costly there's no question about it but there's actually much worse stuff in his policy
00:01:06.060 mix and and he was talking as if none of that is there now on the conservative side it's legitimate
00:01:12.940 for them to point people to the high cost of the climate policy but uh what they need to do is say
00:01:20.200 well how explain how can they be committed to things like the paris treaty and the net zero goals
00:01:25.500 without actually planning to incur any costs of of meeting them that doesn't square up so um what i'd
00:01:34.000 like is for some politicians somewhere to be honest with the public and either say we're going to do this
00:01:42.580 and it's going to cost a fortune so just get used to it or say okay we've heard from the public that
00:01:49.220 there's an upper limit to what they're willing to pay this is the most we can hope to accomplish
00:01:53.560 and we'll stick with that yeah i think that's a valid point on on all fronts because it's easy to
00:01:59.380 target and certainly for political reasons i understand why you target the consumer carbon tax
00:02:03.480 that retail carbon tax that you see that's a line item on your gas bill that you see buried in
00:02:09.280 the price of fuel for example but even i mean if we look at what the alberta government did under
00:02:14.720 jason kenney where they said let's go after the industrial side of things that makes a very much
00:02:20.520 more convoluted and as you're saying their complex process and they're still doing in effect one of
00:02:26.020 the same things but it's a lot more opaque how it's happening sure yeah when uh when they don't like
00:02:31.860 taking heat from consumers and they say well we'll make industry pay i think by now everybody realizes
00:02:37.500 uh that's just a shell game it all ends up for the consumer one way or the other uh it's either
00:02:43.440 buried in the price that you pay at the pump in the case of gas um or you you pay it directly out of
00:02:51.320 your own pocket but there's uh as economists as economics textbooks always say costs can be shifted
00:02:57.260 around but they can't be avoided so what is the i i mean just from an economics perspective here let's
00:03:04.620 just say that we agree with the core premise and we agree with the core goal which is debatable
00:03:09.360 on how much we need to reduce emissions by what is from your perspective the path that a government
00:03:15.300 should take to do that if that is its stated objective here well if it wants to meet the paris
00:03:21.360 target and then go from there down to some kind of net zero target uh later in the century we would
00:03:29.920 uh to get to paris i would estimate we'd need maybe uh two hundred dollar ton carbon tax and then
00:03:37.000 uh to get to net zero um something more like a five hundred dollar a ton carbon tax i'm not sure even
00:03:44.700 that would do it and um so uh the uh the current policy mix that we have even the federal liberal policy
00:03:54.740 makes more i don't think it'll get us to the paris target it certainly won't get us to
00:03:58.660 to net zero beyond that but that's a conversation that no one's having that i mean none of the
00:04:04.800 political leaders are willing to talk to people about the costs of what they're proposing to do
00:04:09.580 so and that i guess gets at what i was hoping to touch on here which is that
00:04:14.760 this commitment itself is boxing us in in effect like there's no way to get to that
00:04:20.440 without some sort of really aggressive plan that even the conservatives who i mean again to be fair to
00:04:26.520 critics of pierre paulia he has not he has committed to this he has committed to paris he has not talked
00:04:31.700 about uh changing the core target right and so there's an incoherency there because uh he's justified
00:04:40.940 in in saying to people look we we hear you the cost of fuel is too high cost of living is too high
00:04:48.000 all these policies are are um are driving up the cost of living in unacceptable ways
00:04:54.460 um but there's no magic alternative if at the same time you're going to remain committed to
00:05:01.120 hitting the paris targets so um if for instance they think that you can get rid of the carbon tax
00:05:07.720 and there'll be a whole bunch of far cheaper ways of doing it then they're wrong that is not the case
00:05:14.180 um and people have tried including past conservative governments and it just doesn't work
00:05:19.580 one of the the challenges and a lot of the green energy activists i i find are guilty of this where
00:05:24.880 they commit to policies and that are based on technologies that don't really exist yet or don't
00:05:30.360 do what they say they're going to do but i also feel that a lot of people that try to say market-based
00:05:35.880 solutions are the solution are also doing the same thing because you you and even mentioned at the
00:05:42.120 bottom of your piece there you know yeah maybe there's a technology that will come along that
00:05:45.280 will change the math on this but right now that hasn't happened um yeah so and that's exactly the
00:05:53.540 point that given the current technology that we have um we're fairly limited in what we can do
00:06:00.800 and um we don't know maybe a new technology will come along five years or 10 years from now
00:06:08.280 the key is if you can um if you can uh decouple emissions from combustion basically if you can
00:06:17.500 find a way to burn fossil fuels without releasing co2 we've decoupled lots of other emissions from
00:06:23.060 combustion we've decoupled sulfur dioxide and carbon monoxide and lots of other types of um lots of
00:06:30.980 other types of emissions from combustion but there's no technology that does that for co2
00:06:36.140 at least not yet as far as we know now how much of a because the government says it is looking at
00:06:44.180 that as well and they say that all of these uh solutions are going to be part of the overall plan
00:06:48.400 but but how much have they actually committed to r&d on that or is it really just left to industry to
00:06:52.680 come up with it on its own uh i think that uh um i think there is some some um uh funding for that
00:07:04.020 kind of research much more in other countries i mean canada is not a big player in research in any
00:07:08.820 case but um sure people are thinking about it working on it but um there's no easy answer for
00:07:15.600 it so um uh because of that um you know it's right now it's kind of a lot of talk but um there's uh
00:07:25.160 as far as i know there's people have been thinking about it for 50 years and there hasn't been any
00:07:31.180 breakthrough on it so it's not like put a billion dollars up and someone's going to figure it out
00:07:35.760 right now all we have is carbon capture and storage which is very limited in its applicability
00:07:41.460 we uh we lost your video there but as it happens we're coming to the end of our time anyway so if
00:07:46.760 it's going to happen that's the best moment for it uh ross mckittrick from the university of guelph
00:07:50.940 great piece in the financial post wanted a federal leader who will be honest about climate policy
00:07:55.880 hopefully you'll get your wish there thank you very much thanks andrew for talking to me thanks
00:08:00.480 for listening to the andrew lawton show support the program by donating to true north at www.tnc.news