Xi Jinping

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What Obama's Joint GHG Emissions Announcement With China Really Means

What does this mean for Canada? First and foremost, it means a reinvigorated green crusade for renewables, which can only harm Canada's economy, as we showed when Ontario took this path. In addition, the green movement will likely use this agreement to push for other harmful policies such as a national carbon tax. The U.S.-China agreement will also reinvigorate green opposition to Canadian fossil-fuel production of all sorts: the no coal, no gas, and especially the no oil sands people will be using the new announcement as a cudgel with which to demonize anyone who opposes them.
AP

SWEEPING REFORMS

BEIJING, China - China's government pledged Wednesday to promote sustainable growth by opening state-dominated industries to private investment and making banks more market-oriented while keeping this...