Giving China another opening

Vincent J. Curtis

5 Nov 21

RE: Canada pledges to end public fossil fuel financing.  Canadian Press news article published in the Hamilton Spectator 5 Nov 21.

The announcement by the Trudeau government that Export Development Canada will no longer fund fossil fuel development projects in the third world after 2022 is nothing but a bid to claim moral purity.  If implemented, it would leave poor countries poor through lack of development.  But don’t worry, the slack will be taken up by China through its “belt and road initiative.”

The belt and road initiative is the program by which the Chinese Communist Party gains power and influence throughout the world by purchasing or financing crucial  development projects around the world.  And China has the money to do it on a large scale.

In years past, Chinese companies purchased down-at-the-heels coal mines in Canada, for instance, and now ships Canadian coal to China.  China is desperate for coal, and if Canada won’t support developing coal mines in the third world, China will, and gain the diplomatic advantages of having a third world regime dependent upon it.

Justin Trudeau and Steven Guilbeault can strut their moral purity before the COP26 audience, of which China and Russia are not members.  Fossil fuel projects will continue to be developed around the world because there are many countries that don’t share the fixation on “climate change” but do have in common the need for resource and economic development.

Displays of moral purity by the Trudeau government gains Canada nothing.

-30-