Terence Corcoran: Carbon tax trial full of alarmist political diversions no court should fall for

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Carbon pricing tears down the market price and all the information it contains and imposes government-regulated pricing. That’s not a market system

It is not quite the trial of the century, but the live video feed from Ontario’s Court of Appeal hearing this week on the constitutionality of Ottawa’s carbon tax does have its little moments of drama. At one point Tuesday, after Sharlene Telles-Langdon, on behalf of the Attorney General of Canada, had launched into her case against Ontario’s attempt to have the carbon tax declared unconstitutional, Justice James C. MacPherson leaned in with a pointed question.

Once she got back on track, Telles-Langdon proceeded to summarize Ottawa’s standard claims about the need for urgent action to curb greenhouse gas emissions and how Canada, without a carbon tax, was failing to meet its international targets. Ottawa’s case is filled with political diversions. Global climate change is happening now, the science is “well established,” extreme weather is increasing along with risks to human health, Lyme disease, melting permafrost, and so on and so on.

How deep into climate science and the international global warming political swamp is Ontario’s court of appeal going to descend? Are the five justices expected to reach conclusions on the merits of climate change science, the validity of scaremongering geopolitical activists at the United Nations, and the soundness of the economics of price-signalling taxes?

Canada’s Ecofiscal “Commission” filed a 115-page intervention arguing that a carbon tax is a “market-based instrument” that is less costly and far superior to any other policy models. As is now routine, the Ecofiscal Commission claimed the B.C. carbon tax has been a success because it reduced carbon emissions in the province — a claim that is dubious at best.

What the court should know, but will not hear, is that a carbon price turns the role of prices upside down. In a market economy, prices contain thousands of pieces of information about a product: the unmeasurable individual wants of millions of people, the costs of hundreds of inputs, the supply and demand circumstances at a point in time, assessments of future conditions, the relationship of all the prices for similar and competing products.

 

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Will we ever stop being force-fed Climate hysteria nonsense. Parents & teachers radicalize thr kids heads w alarmist fantasy & send them out on the streets to protest & into UN meetings to weep & beat thr chest proselytizing abt polar bear deaths even when we know its all a lie.

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