Canada is following Germanys failed climate goals - RS

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Ottawa, Canada is following Germany’s failed climate goals The city’s government has learned little from others that have inflicted huge electricity costs on their citizens By Ronald Stein Ambassador for Energy & Infrastructure, Irvine, California January 23, 2022 Shockingly, just to reduce emissions to supposedly stop climate change, the city of Ottawa, Canada is following the lead of Germany, Australia, and California that now have among the highest costs for electricity because of their decarbonization efforts. Ottawa is prepared to bankrupt the city and risk the safety of its most vulnerable citizens to put their plans in place to achieve its “net-zero by 2050” target, regardless of its impact on the lifestyles of its citizens. The City is totally in sync with the ESG (Environmental, Social and Governance) investments that are all the rage on Wall Street these days. Political leaders like Al Gore, billionaires like Michael Bloomberg, and more than 180 CEOs signed the Business Roundtable corporate purpose statement supporting ESG goals to divest from all 3 fossil fuels of coal, natural gas, and crude oil, just to reduce emissions. The domino effect of tinkering with the supply chain of fossil fuels is supply shortages and soaring prices for not only electricity, but for the thousands of products that support the entire medical industry, all branches of the military, airports, electronics, communications, merchant ships, container ships, and cruise liners, as well as asphalt for roads, and fertilizers to help feed the world. What’s Ottawa’s motivation for encouraging deterioration of the oil infrastructure that is guaranteed to inflict irreparable harm to the supply chain of crude oil to refineries that manufacture oil products for the world’s infrastructures and it’s 8 billion people? Who knows, but efforts to cease the use of crude oil would be the greatest threat to civilization, not climate change. It would result in billions of fatalities from disease, malnutrition, and weather-related deaths. Imagine the cold, misery, and loss of life under a scenario where cities attempt to generate 100 percent of their electricity from breezes and sunshine. 1


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Canada is following Germanys failed climate goals - RS by John A. Shanahan - Issuu