STIRLING: Carney’s comical outsider claims

Mark Carney kicked off his bid for leadership of the federal Liberal party in Edmonton at his childhood community centre. That is where he started his hockey career, which led to a scholarship to Harvard, which in turn led him to a position as a global leader in banking and climate finance.  “See?” he seems to be conveying to us plebs, “I’m just like you.”

Central to Carney’s leadership bid is the claim that he is an ‘outsider’ and thus can bring a fresh perspective to Canada’s policies. Is he an outsider or a main influencer?

At Senate hearings on May 08, 2024, Carney told the Senate committee on climate finance that Canada is a "laggard" in terms of climate-aligned finance.  At the time he touted the Glasgow Financial Alliance on Net Zero (GFANZ) and saw Canada as a "hub" for the “European CBAM, or Carbon Border Adjustment Mechanism, trade arrangement — will be a determinant of trade access.”  

GFANZ has since disintegrated under accusations of collusion, and the Trump administration in the US, Canada’s largest trading partner, sees climate-related nonsense as something to be trashed and tariffed out of existence.

Last spring, Carney was in favor of carbon taxes and of Sen. Rosa Galvez’ Bill S-243 which proposes that banks and institutional investors choke off financing to emissions-intensive industries and implant a "climate risk" expert on all boards.  This "expert" would probably be a graduate of an Environmental Nongovernmental Organization. No wonder the ENGO sector is thrilled.

Galvez’ Bill S-243 (which died with prorogation, but it likely to be revived under Carney) is lauded by a vast spectrum of climate activist ENGOs and related suspects.  

In the USA, as reported by American Greatness on Monday, the climate advocacy movement is being exposed as being funded through various intermediaries, by China, in order to undermine US energy security and industry. Certainly, as the world’s largest emitter, China is not going Net Zero anytime soon. Net Zero mandates are destroying economies in the UK and EU, as reported in “Europe on the Brink.”

All the moves proposed in Bill S-243 are consistent with the activities of the ‘climate cartel’ which the US House Judiciary Committee has targeted for collusion and anti-trust violations in its report “Climate Control: Exposing The Decarbonization Collusion In Environmental, Social, And Governance (ESG) Investing.”  

Carney was the key player in orchestrating GFANZ, the central bankers’ Network for Greening the Financial System, and other Net Zero-related organizations and international policies.  

The House Judiciary Committee concluded that “The climate cartel has declared war on the American way of life. The climate cartel is waging “a Global World War” for net zero against disfavored American companies, including those in the fossil fuel, aviation, and farming industries that allow Americans to drive, fly, and eat.”

Is this not how most beleaguered, increasingly impoverished, carbon taxed, and climate policied-to-death Canadians feel today?

Carney’s role in all this, at the hockey rink level, is invisible. 

But zoom out to the level of national and international finance and climate policies, and Carney has been the one leading and setting these economically destructive policies in place.

The “Climate Cartel” is criticized for their extortionary tactics on corporations and for their use of the NGO sector to agitate on their behalf for favored policies or industries.  

In Canada, Carney has been a strong proponent of heat pumps for homes. In his “Looking Ahead” lecture for Canada 2020 last spring, he claimed that a great power must be a green power. 

Carney wished the federal government would have purchased a million heat pumps instead of investing in EV battery plants. Turns out that Brookfield, a company he was working with at the time, is an investor in heat pumps. About the same time, a campaign popped up via 350.org, led by climate activist Seth Klein, author of A Good War, running a point and click campaign to government for a national “free heat pumps for all” program.

The Canada Energy Regulator sees heat pumps as a central means for Canada to get to Net Zero, as discussed in Ian Cameron’s analysis “Getting to Net Zero.”

Outsider? 

Or is Carney trying to become Liberal leader and thus an unelected prime minister to be the climate goalie in Canada, to make the ultimate ‘save’ of the Article 6 global carbon trading rules, recently put in place at COP29 in Azerbaijan?

Is it his role, on behalf of the ‘climate cartel’ to make the big save and prevent the US Trump Administration from shooting, scoring and bringing down the climate house of cards, for once and for all?

As Mark Schapiro wrote in Harper’s Magazine, Feb. 2010, in “Conning the Climate,” carbon markets are an unusual commodity that entail the “the lack of delivery of an invisible substance to no one.”  Or as geopolitical energy expert, Anas Alhajji puts it, “Carbon accounting is the mother of all Enrons.” 

Enron collapsed in multi-billion-dollar bankruptcy, in a heap of ashes of off-books accounting and faked holdings in 2001. Enron was also the source of the modus operandi of the climate cartel, using ENGOs to push a favored agenda or smear a disfavored industry.

Is that really what Canada needs an unelected Carney to save? A trade of no delivery of an invisible substance to no one?

Or should we align with US policies to highlight energy security and follow the advice of Dr. Patrick Moore, formerly of Greenpeace. Moore came up with the solution at the 2019 FreedomTalk Conference — to “Save Canada, quit Paris, build pipelines.”