Opinion Mar 29, 2021 1:53 PM EST

Saudi Arabia, Russia, and other foreign oil producers are in love with Trudeau's carbon tax

In effect, the carbon tax makes Canadians poorer while enriching foreign energy-producing nations.

Saudi Arabia, Russia, and other foreign oil producers are in love with Trudeau's carbon tax
Spencer Fernando Winnipeg, MB
Join the ranks of independent, free thinkers by supporting us today for as little as $1.
Support The Post Millennial

One thing we are repeatedly told is that climate change is a "global issue."

And that is absolutely correct.

That’s why imposing a carbon tax on Canadians is such a foolish idea.

It’s amazing how so many who push the carbon tax and other restrictions on Canada’s energy sector fail to recognize the global nature of this issue.

By imposing a carbon tax on Canada – a country that makes up a tiny fraction of global emissions and already has very high environmental standards – there isn’t any improvement to the global climate.

Instead, there is a redistribution of wealth away from Canada and towards countries like Saudi Arabia and Russia.

In fact, they are among the biggest winners of the Supreme Court’s 6-3 decision.

Think about it from their perspective.

They have far lower labour standards than Canada, and far lower environmental standards.

They are competitors in the global energy market.

So, for them to watch as Canada imposes a carbon tax on our energy sector, their energy becomes more competitive and this enables them to gain wealth and create more jobs.

In effect, the carbon tax makes Canadians poorer while enriching foreign energy-producing nations.

The federal government is helping those foreign countries at the expense of Canadian jobs.

And again, this does nothing to help the environment, as emission-producing economic activity will shift towards those countries that produce more emissions than we do.

This all makes the celebrations we are seeing from the Trudeau government, the media, and activists on the left (but I repeat myself), quite disappointing.

This really isn’t a win for Canada, it’s a loss. We have hurt ourselves.

Now, celebration in Saudi Arabia and Russia would make sense, since they are the big winners of this.

What now remains to be seen is if Canada will continue to go down the path of virtue-signalling that hurts our own interests, or whether we will really see that ‘solving’ a global issue by damaging our own country is an absurd thing to do.

Canada is a nation full of good people who want to make our country better, and want Canada to play a constructive role in the world. And that can be best achieved by Canada being as strong as possible, rather than making decisions that benefit our competitors at our own expense.

Join and support independent free thinkers!

We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. Join the ranks of independent, free thinkers by supporting us today for as little as $1.

Support The Post Millennial