In a recent column, Terence Corcoran argues that Canada’s National Roundtable on the Environment and the Economy is charting the course for Canada to “move boldly backwards into the disastrous world of central socialist planning.”

This week the NRTEE produced the latest report in its current mission, which is to turn Canada’s market-driven energy economy into a what Prof. Ellman would call a centrally planned indirectly bureaucratically controlled low-carbon economy.

Titled “Achieving 2050: A Carbon Pricing Policy for Canada,” the report adds hundreds more pages to the NRTEE’s existing volumes on carbon and climate issues. It also adds a fresh batch of horrifying economic ideas to a planning agenda that is already on the brink of parody.

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Despite the uncertainty [of their modeling], the NRTEE report never hesitates in throwing out numbers on how much a carbon pricing policy will cost consumers ($2,000 to $4,000 a year for the average household), how much new annual spending will be needed ($3.4-billion), compliance costs ($1.9-billion) and other items.

Also modelled are tariffs in case Canada ends up in a carbon trade war. New tariffs would be needed on imports to make sure foreign suppliers are not evading Canada’s carbon pricing regime. And, of course, the carbon control system will require a massive permanent bureaucracy of independent forecasters, plus constant reviews, audits and evaluation by new authorities and departments.

Of course, new tariffs will be needed to force others to do as we do.  And more bureaucracy and trade protectionism to implement their scheme. These guys are dangerous. Let’s pull the plug on them.

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