Norway’s politicians have announced that they intend to ban all fossil-fuel vehicles by 2025. Which, by the way, is just seven and a half years from now.
Norway has a higher number of electric cars, because they’re “cheap.” That is, the government subsidizes them so heavily, they’re artificially cheap.
And Norway is floating on oil. That’s where all the cash comes from to subsidize their electric cars. Sort of like a guy who eats a huge T-bone steak and then says, he wants the vegan dessert…
So naturally, Trudeau’s office saw this Norwegian announcement. The PM’s policy advisor, the environmental extremist Zoe Caron, expressed approval. (Of course, this ban wouldn’t apply to her boss’s jet.)
Then there’s Elon Musk, the president of Tesla, perhaps the most subsidized company in the United States. They make extremely expensive cars and would be out of business in a month without government intervention. So naturally, he was tweeted at Norway: “What an amazingly awesome country. You guys rock!!”
This is just a small story, and it will likely come to nothing.
But it shows us a lot —about Trudeau and his staff, and the true nature of the crony capitalists in the green industry.
Joe Oliver has made the amazing claim that the Liberals spent $9 billion in a single month so they could turn around and say there was a deficit. My guest Ian Lee of the Sprott School of Business talks about this extraordinary assertion, and the Liberals’ other economic policies.
Then I catch up with Breitbart’s Joel Pollack about the U.S. presidential election, and support for Trump among Hispanics.
Finally: I got a lot of emails about my interview with my old Conservative Party colleague Mark Cameron, who is now campaigning for a carbon tax. Like you, I want to learn more about who is funding his organization.