The Canadian Institute of Climate Choices want us to Sink not Swim
Surely it was purely coincidental the CICC (Canadian Institute of Climate Choices) released their report titled: “Global climate policy acceleration means sink-or-swim decade for Canada’s economy” on the same, pre-announced day, Commissioner Steve Allan’s Alberta Inquiry into anti-Alberta energy campaigns was released! Or was it?
Both of the foregoing reports were released on October 21, 2021 and while the Allan report was about 700 pages the CICC report was a meagre 122 pages. The latter however, was full of disaster warnings about “climate change” and suggested “fossil fuels” were being replaced with wind and solar. The CICC report went so far as to compliment China (the world’s largest emitter of CO 2) for being “an early leader in electric vehicles and solar technology”. The Allan Report (657 pages) was oblique in accusing Canadian environmental groups of using foreign funding to curtail and end fossil fuel generation. The foregoing was concluded despite an independent report from Deloitte’s noting; “Total foreign funding, therefore, of “Canadian-based environmental initiatives” was $1.28 billion for the period 2003-2019.” Apparently “climate change” activism is not a sin or a crime despite its probable outcome to create energy poverty.
Looking specifically at the CICC, “sink or swim” report one should note it is truly meant to scare the reader by suggesting if Canada doesn’t move to “net-zero” emissions we are in big trouble. Specifically, their report states: “Around 2,000 workers have been affected by coal power closures, whereas over 880,000 people work in the transition-vulnerable sectors identified in Figure 18.” Figure 18 (page 59), discloses those workers who are reputedly at risk of losing their employment are in a variety of jobs including those in many of the areas at which Canada excels such as: oil and gas extraction, emissions intensive manufacturing, mining and quarrying, transportation equipment manufacturing and support for mining and oil and gas extraction! Needless to say, the forecast of those 880,000 job losses caught the media’s attention.
The CICC report in “picture terms” lays out the potential impacts in a chart (Figure 1) on page 6 by using a forecast from Central Bankslabelled as,“NGFS” (Network for Greening the Financial System). The NGFS was launched by 8 founding central banks, under the leadership of Banque de France‘s governor François Villeroy de Galhau, the Dutch Central Bank‘s Frank Elderson and the Bank of England‘s former governor Mark Carney.” It should come as no surprise Mark Carney was actively involved in its formation. Their membership now contains 95 central banks The data, needless to say, is scary as without adoption of “net-zero” by 2050, in non-adapting countries, GDP is projected to fall by over 10% from current levels. CICC commissioned Planetrics (a Mckinsey & Company subsidiary), an international climate-risk analytics company, to stress test Canadian publicly traded companies and companies with Canadian operations. Apparently CICC with close to 100 reputed taxpayer supported “experts” was unable to perform that exercise.
At this point it is important to note the CICC was a creation of the now retired Catherine McKenna, former Federal Minister of the Environment and Climate Change. The CICC was created with $20 million taxpayer dollars and loaded its staff, Board of Directors, expert panels and advisory council with a myriad of eco-warriors mainly dependent on government largesse. Those eco-warriors seem intent on decimating Canada’s economic wellbeing via their actions in support of our current government and ending our dependence on fossil fuels.
Needless to say, we should believe the release of the CICC report to coincide with the Allan report was meant to offset its release. The damning information in the Allan report only confirmed how Canadian environmental groups accepted foreign contributions to push the narrative—Canadian production of coal, oil and gas must cease! One need look no further, then note, the current President of CICC is Rick Smith who spent 9 years at Environmental Defence pushing the “climate change” agenda. Failing that belief, perhaps the word came down from Jonathan Wilkinson, Minister of the Environment and Climate Change or his Chief of Staff, Marlo Raynolds whose past relationship with Rick Smith demonstrates serious collaboration between Pembina and Environmental Defence via the Strathmere Group.
Both Raynolds and Smith signed the Strathmere Goup’s “Declarations” jointly and one of those clearly was:
“Declare a moratorium on expansion of tar sands development and halt further approval of infrastructure that would lock us into using dirty liquid fuels from sources such as tar sands, oil shale and liquid coal.”
We should be confident the release of the CICC’s “sink or swim” report on the same day as the Steven Allan Inquiry was planned to ensure the main stream media focused on the forecasted loss of those 880,000 jobs that will occur should Canada not commit to “net-zero”!
Collaboration between CICC and those in political power clearly reflects their intentions to harm Canada’s economy!