The media won’t tell you this, but here’s the REAL reason @JoeBiden is in Africa. He’s building rail lines that connect mines so African kids can dig up the minerals we need for the Green New Deal. All so we can have windmills that pockmark our coastlines and subsidize electric… pic.twitter.com/Aequ25QgzI
— Jesse Watters (@JesseBWatters) December 4, 2024
“Net-Zero Tyranny”
STIRLING: Climate wallet-raiding never stops
Many people are aware that the COP29 climate conference was going on in Baku, Azerbaijan, a petro-state. But how many were aware that across the world in Brazil, the G20 Summit was going on at the same time?
That matters too, because they’re linked in a scheme to transfer money from developed countries, to the Third World.
Trudeau’s lunatic electricity regulations would burden Ontario residents with $35B in costs
Ontario says federal clean electricity regulations would add $35B in costs
TORONTO – Ontario is urging the federal government to amend proposed electricity regulations after an analysis by the province’s system operator concluded the rules would mean $35 billion in additional costs by 2050.
A new analysis by the Independent Electricity System Operator looking at upcoming regulations around restrictions on emissions from electricity generation found that Ontario would have to add twice as much new generation as it is already planning, which is “not feasible” in that time frame.
But if the province were to somehow do so, building enough new electricity generation to make up for restrictions on natural gas would add $35 billion in costs by 2050, increasing residential bills by $132 to $168 per year starting in 2033, the IESO said.
Lion Electric temporarily lays off 400 workers, gets extension from creditors
MONTREAL – Electric bus manufacturer Lion Electric is temporarily laying off 400 employees and shutting down production at its Illinois plant after getting a two-week reprieve from its lenders.
The St-Jérôme, Que.-based company said in a statement Sunday that it has secured an extension to Dec. 16 for a loan and a credit agreement with a syndicate of lenders, after a Saturday deadline passed.
Britain Is Killing Its Auto Industry
This week’s net-zero carnage in Europe—these stories pop up weekly now—has happened in Britain, where the no-carbon energy transition is killing another country’s auto industry. How much longer can the insanity last?
Stellantis announced it will shut a plant in Luton, north of London, in the spring. The move imperils up to 1,100 jobs. The factory had been slated to produce electric vans under the storied British Vauxhall make, but the consumer demand isn’t there.
Stellantis may shift some jobs to a plant at Ellesmere Port in northwest England, which has been overhauled with the help of taxpayer subsidies to produce electric vehicles. But there’s spare capacity there, too.
Odds rise that Quebec EV maker Lion Electric will need to seek creditor protection
Canada’s electric truck and bus manufacturer Lion Electric Co. is up against a deadline this weekend to find new investors amid a cash crunch and an EV market that’s in turmoil.
The St-Jerome, Que.-based company said on Nov. 18 that it had received a two-week extension of its credit agreement with three lenders, as well as temporary relief on the conditions of a loan provided by the Caisse de depot et placement du Quebec and Finalta Capital Inc.
JAY GOLDBERG: Northvolt bankruptcy an ominous sign for politicians’ EV gamble
Politicians love to gamble with your cash but, based on their record, you’d think they were rookies getting fleeced by a card shark at a shady bar.
The latest epic failure is the gamble on electric vehicle battery manufacturer Northvolt.
The Legault government bet buckets of cash. And now the company is broke.
Enviro-Loon Guilbeault says he won’t back off carbon tax, oil and gas cap despite Trump’s tariffs
OTTAWA — Federal Environment Minister Steven Guilbeault said Wednesday that the looming threat of a 25-per-cent tariff on all Canadian exports to the United States won’t dissuade him from pursuing an ambitious climate action plan, anchored by the federal carbon tax.
Britain’s car industry is in crisis due to lack of demand for electric cars, warns boss of Ford
Britain’s car industry is in crisis due to a lack of demand for electric cars, the boss of Ford’s UK arm has warned.
Lisa Brankin, the chairman and managing director of Ford UK, called for the Government to urgently introduce ‘incentives’ such as tax breaks to convince drivers to switch away from petrol and diesel.
She said Ford has invested ‘significantly’ in the production and development of EVs, with ‘well over’ £350million invested around electrification in the UK, adding: ‘So we kind of need to make it work.’
Yea throw more money at it that’s the ticket.
Stellantis to shut down Vauxhall plant in response to gov’t EV Mandate
More than 1,000 jobs at one of the country’s largest vehicle plants have been put at risk after Vauxhall became the latest company to scale back its UK production.
Ministers have been forced into talks with manufacturers amid fears that electric vehicle (EV) targets will hit carmakers with ruinous fines.
Stellantis, Vauxhall’s parent company, said that the government’s “challenging” mandates, aimed at phasing out petrol and diesel vehicles, had played a significant part in its decision to shut its van-making plant in Luton.
Britain poised to water down electric vehicle rules
Rules governing the switch to electric vehicles (EVs) are poised to be watered down after a backlash from carmakers.
Jonathan Reynolds, the Business Secretary, will announce a fast-track consultation on potential policy changes to the phase-out of petrol engines at an industry gathering on Tuesday, it is understood.
The rethink comes after Mr Reynolds and Louise Haigh, the Transport Secretary, last week met executives from seven carmakers, trade groups and charging firms.
Northvolt’s Bankruptcy and the EV Crash
Electric-vehicle dreams are crashing into reality, and the latest signs come from Europe. Swedish battery manufacturer Northvolt last week filed for bankruptcy, one day after Ford announced 4,000 job cuts in Europe because of the government-mandated EV transition. Will the next Trump Administration learn from Europe’s blunders?
“The global auto industry continues to be in a period of significant disruption as it shifts to electrified mobility,” Ford said Wednesday. “The transformation is particularly intense in Europe where automakers face significant competitive and economic headwinds while also tackling a misalignment between CO2 regulations and consumer demand for electrified vehicles.”
Pierre Poilievre plans to take an axe to Justin Trudeau’s climate policies and push Canada in a new direction. Here’s what we know
OTTAWA—The federal Conservatives lost the last two general elections with very different approaches to the dire threat of the climate crisis.
In 2019, under Andrew Scheer, the party gestured towards the seriousness of the challenge but offered no detailed plan to cut the greenhouse gas emissions that cause it. The centrepiece was a promise to tear down the governing Liberals’ national carbon pricing scheme — lampooned as a costly and ineffectual “tax” by the staunchly pro-fossil fuel Tories and their provincial counterparts across the country.
Green = Impoverishment
Canada’s EV gamble looks even more foolish with Trump retaking the White House
Ottawa and Queen’s Park bet your farm on electric vehicles and the hand they’re playing looks worse every day.
Prime Minister Justin Trudeau and Premier Doug Ford teamed up to hand $57 billion in electric vehicle manufacturing subsidies to wealthy auto giants like Volkswagen, Stellantis, Honda and General Motors in recent years.
EV Battery Manufacturer Northvolt files for bankruptcy -Taxpayers out hundreds of millions
Northvolt, a Swedish battery maker, has filed for bankruptcy.
The company received millions from Quebec taxpayers and was promised billions from the Liberals. Prime Minister Justin Trudeau referred to the company’s Canadian activity as a “win–win–win.”
Based on photos and artist renderings found online, the company didn’t build much on its site southeast of Montreal.