Climate Emergency – The New Justification for New Taxes

Cities have begun using the term “climate emergency” to justify new taxation. This was the case in the Guelph City Council in Canada where they declared a climate emergency. They have admitted that they “already have an action plan. A very ambitious, robust and doable action plan. We don’t need to re-state that.” The spokesperson continued, “What we do need to state, in my opinion, is that we’re going to fund it. Because an action plan without funding has no meaning and it has no outcome and it won’t be successful.”

Here comes the new justification for more taxes — “climate emergency” — as if a local city can actually change the climate of the world.

Latest Posts

Market Talk – April 4, 2025

ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 955.35 points or -2.75% to 33,780.58 • Shanghai closed • Hang Seng closed • ASX [...]
Read more

Trump’s Tariffs are Winning

  I have said on various podcasts that a 10% tariff is really a tariff. Beyond that, it is political to force free trade. Most countries are dropping tariffs on [...]
Read more