Nope. Neither of these questions has ever occurred to me.
I mean, that's a longer conversation, but the short answer is: Alberta + federated politics = constrained decision making.
9/ Carney KNOWS first-hand the econ risks of fossil fuel investments. These aren’t just bad for the climate, they’re bad for Canada’s future. Carney should know better. FIN
8/ As Governor of the Bank of England, he supported reducing exposure to the risk of fossil fuel investments through the Alliance.
6/ Carney was one of the creators of the Net Zero Banking Alliance, which tried to steer banks away from financing fossil fuel infrastructure. (It closed up shop last week lol)
www.cbc.ca/news/science...
www.cbc.ca/news/science...
Banking alliance that Carney launched to fight climate change folds after mass exodus | CBC News
A global banking group that Prime Minister Mark Carney helped launch in 2021 to fight climate change has voted to shut down.
www.cbc.ca
5/ LNG is capital intensive and often requires public investments. And since prices are highly variable, there is considerable uncertainty around returns.
4/ As a longtime champion of climate policy and former banker, Carney should know better than to double down on fossil fuels: it’s a risky investment.
Fossil fuels are losing market share. A recent report finds that renewables are filling 100% of the growth in electricity demand.
Fossil fuels are losing market share. A recent report finds that renewables are filling 100% of the growth in electricity demand.
Global Electricity Mid-Year Insights 2025 | Ember
Solar and wind outpaced demand growth in the first half of 2025, as renewables overtook coal’s share in the global electricity mix.
ember-energy.org
3/ It seems v likely that he will roll back the proposed emissions cap on oil & gas – the largest source of emissions in Canada, which has *grown* by 77% since 1990.
2) He has dangled the carrot of reviving the Keystone XL pipeline w Donald Trump. The one Alberta spent $1.5B on and never got built. The one the US cancelled twice. The one firms see as too risky to invest in.
1/ Carney is doubling down on fossil fuels. Among the select few infrastructure projects being fast tracked by Carney gov’t is more LNG in Kitimat. Some LNG is more carbon intensive than COAL (yes this data is from the US).
www.theguardian.com/us-news/2024...
www.theguardian.com/us-news/2024...
Exported gas produces far worse emissions than coal, major study finds
Research challenges idea that sending liquefied natural gas around the world is cleaner alternative to burning coal
www.theguardian.com
by Jessica Green — Reposted by Hisham Zerriffi
@aradwanski.bsky.social preview of Carney’s likely climate strategy confirms that Canada is, yet again, refusing to deal with the oil and gas sector, which generates around 1/3 of Canada’s emissions. Carney is gambling w Canada's economic future & he should know better. 🧵
Carney’s climate vision to deprioritize emissions targets, focus on economic advantages
‘Climate competitiveness strategy’ expected this month as Prime Minister seeks to reframe Canada’s approach to environment, energy
www.theglobeandmail.com
by Jessica Green — Reposted by Markus Heße
Climate technocrats would do a lot better if they stopped talking abt climate science and economic growth and started talking about economic inequality.
Also, why are we listening Captain carbon pricing?
Also, why are we listening Captain carbon pricing?
Climate investment is only growth opportunity of 21st century, says leading economist
Lord Stern says fossil-fuelled growth is futile as the damage it causes ends in economic self-destruction
www.theguardian.com
The Metals Company stock surges in anticipation of US funding for the deep sea mining firm. Grift recognizes grift.
www.theglobeandmail.com/investing/ma...
www.theglobeandmail.com/investing/ma...
Why The Metals Company Stock Is Skyrocketing This Week
Detailed price information for Tmc The Metals Company (TMC-Q) from The Globe and Mail including charting and trades.
www.theglobeandmail.com
Last chance to register! It's gonna be a great conversation with some fantastic panelists. Join us!
Fair point. Fossil fuel subsidies have been the third rail of politics for a long time. G20 agreed to phase out subsidies in 2007, and well... we're still waiting. I argue in my new book that the politics of taxation are more likely to produce results than rolling back subsidies.
Very important paper by @gregorsemieniuk.bsky.social that shows, as I have argued, that tax policy is climate policy. We cannot phaseout #fossilfuels without attacking their wealth.
www.sciencedirect.com/science/arti...
www.sciencedirect.com/science/arti...
5 yrs ago, I argued that climate change demands an activist academy. So does growing authoritarianism. Our universities need to act collectively, and we academics, as their beating heart, must demand that administrations do this.
My piece: direct.mit.edu/daed/article....
Henry's is a must read. 👇
My piece: direct.mit.edu/daed/article....
Henry's is a must read. 👇
Opinion | You Beat Trumpism by Banding Together. It’s as Hard and as Simple as That.
www.nytimes.com
Carbon can never be priced appropriately. It's a feature, not a bug. Chapter 3 of the book!
Some of us have been banging this drum for literally, decades. 🙄
www.foreignaffairs.com/world/false-...
www.foreignaffairs.com/world/false-...
The False Promise of Carbon Offsets
It’s time to retire an ineffective tactic to fight climate change.
www.foreignaffairs.com
Today is the day!!! Existential Politics is out in the world!
Read about why we’re doing climate policy wrong (too focused on measuring emissions) & what we should do instead (focus on $$ to constrain fossil asset owners & expand green asset owners). Just in time for #COP30.
Read about why we’re doing climate policy wrong (too focused on measuring emissions) & what we should do instead (focus on $$ to constrain fossil asset owners & expand green asset owners). Just in time for #COP30.
Existential Politics
A new way to tackle the real politics of climate change through asset revaluation
press.princeton.edu
Hey #Toronto climate peeps! Come learn about the future of global #climate politics at my book launch at @utoronto.ca. Featuring fierce all female panel with @cat-abreu.bsky.social, Fate Saghir (MacKenzie Investments), moderated by Jill English (CBC). #COP30 #GreenSky. Free event! Tasty treats!
Book Launch: Existential Politics by Jessica F. Green
Join University of Toronto’s Lawson Climate Institute as we celebrate the launch of Existential Politics by Professor Jessica F. Green with a panel discussion, networking reception, and meet-and-greet...
lci.utoronto.ca
Reposted by Jessica Green, John Hogan
For more on the importance of getting the (existential) politics of climate right, check out our book talk from yesterday with @greenprofgreen.bsky.social here.
www.youtube.com/watch?v=WtVo...
www.youtube.com/watch?v=WtVo...
Existential Politics: Why Global Climate Institutions Are Failing and How to Fix Them
YouTube video by The Roosevelt Institute
www.youtube.com
5/ More carbon pricing won’t fix carbon pricing. More direct government intervention will.
5/ How to fix? He & @cleanprosperity.bsky.social propose carbon contracts for difference. This doubles down on the financialization of emissions, having investments mediated by markets rather than coming in the form of government requirements – like emissions caps.