Juno News - December 11, 2021


Trudeau government wants to mandate electrical vehicle sales


Episode Stats


Length

3 minutes

Words per minute

193.80888

Word count

624

Sentence count

30


Summary

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

Stephen Guaubo wants to mandate the sale of electric vehicles in Canada by 2030, and wants to phase out an entire industry within a dozen years. What are the unintended consequences of that? And why do we need government intervention in this matter?

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 It was anticipated that when Prime Minister Justin Trudeau made Stephen Guaubo the Minister
00:00:09.840 for the Environment that, oh pardon me, the Minister for Environment and Climate Change
00:00:13.960 as it is now called, when he made that decision, it was a signal that, well, if you thought
00:00:19.300 climate action the liberals were doing now was extreme, you ain't seen nothing yet.
00:00:24.160 Because Stephen Guaubo, well, he's quite a true believer in the climate activism, everyone
00:00:29.300 seen that famous photo of him in that orange Greenpeace jumpsuit being led away by police
00:00:34.320 because of activism that he was doing that broke the laws, well, now he is here in Parliament
00:00:39.740 trying to set the laws to push even more extreme activism, and what is the latest round?
00:00:44.860 Well, he wants to mandate the sale of electric vehicles in Canada, and you're like, what
00:00:50.700 do you mean mandate the sale of electric vehicles?
00:00:53.440 Don't you just go off to a car dealership and, you know, you look around and you test drive
00:00:57.500 this one and that one, and then you go, okay, I want that, and then you go and you sell it,
00:01:00.780 right?
00:01:01.180 You go and buy it from the guy.
00:01:02.640 Well, it's still going to go that way, except the dealer must be mandated to sell a certain
00:01:08.300 amount of electric vehicles.
00:01:09.500 How does that work, you ask?
00:01:10.960 Your guess is as good as mine.
00:01:12.480 But by 2030, only nine years from now, Stephen Guaubo wants to make it that 50% of automobile
00:01:19.200 sales in Canada, well, they are mandated to be electric vehicles.
00:01:22.280 And get this, by 2035, it's 100%.
00:01:26.880 So he wants to phase out an entire industry within just about a dozen years.
00:01:32.060 Wowzers.
00:01:33.060 What are the ramifications of that?
00:01:35.020 I don't know, but the unintended consequences, or perhaps the intended consequences, are going
00:01:40.260 to be quite something.
00:01:41.460 They'll probably touch upon a whole variety of sectors in the economy, supply and demand
00:01:46.080 issues, supply chain issues.
00:01:47.800 A whole bunch of stuff is going to happen if the liberals get their way with this really
00:01:52.560 wild overreach of a bill.
00:01:54.440 Because like I said, you got a place saying we're selling cars, and you got a consumer
00:01:57.980 saying, I want to buy a vehicle.
00:01:59.680 And the government's coming in and setting a mandate for those particular sales, setting
00:02:04.700 a quota for them.
00:02:06.940 This is quite something.
00:02:07.940 Now, right now, they're unhappy that electric vehicle sales only make up 3% of vehicle sales
00:02:13.000 in Canada.
00:02:13.720 They want to see that number increase.
00:02:15.680 Now, in previous years, various governments have already controversially given out major
00:02:20.060 rebates that usually go to wealthy people for buying electric vehicles.
00:02:23.600 Now, they want to do more.
00:02:25.040 They're not happy with what the rebates got them in terms of traction.
00:02:28.040 They want to push it even further by bringing in these quotas.
00:02:31.060 But we also know that there are small increases.
00:02:33.780 Year after year, the price point is coming down for the electric vehicles, and they're always
00:02:38.040 working to build a better mousetrap at these companies.
00:02:40.120 So they're putting the R&D and the innovation into getting products out to market that are more
00:02:44.360 feasible for Canadians and that meet their price point.
00:02:46.980 So we're going to get there anyway.
00:02:48.700 Maybe not the very day Stephen Globo wants it to happen.
00:02:51.520 But why do we need government intervention in this in the first place?
00:02:55.580 I don't think it's enough to say, well, hold on, not 50% by 2030.
00:02:59.980 Let's make it 25% by 2038.
00:03:03.400 No, I think the whole point is that the government has no business doing this.
00:03:07.760 And the free market is already doing something like this anyway.
00:03:10.680 So the government just has to drop it.