Climate Alarmism
The former Bank of England boss, Mark Carney, is now running for the Liberal leadership in his native Canada. What does his time in London tell us?
Interest rates were anchored at historic lows when he took over, but he introduced a policy of “forward guidance”, where the Bank would try to further support the economy and encourage lending by pledging not to raise rates until unemployment fell below 7%.
His final week in March 2020 saw the start of the acutest phase of the Covid pandemic – the Bank cut rates by 0.5% to support the economy, and Mr Carney told the country that the economic shock “should be temporary”.
He is also known as an advocate for environmental sustainability. In 2019 became a UN Special Envoy for Climate Change, and in 2021 launched the Glasgow Financial Alliance for Net Zero, a grouping of banks and financial institutions working to combat climate change.
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Read MoreIt’s January and the New Year is upon us.
It’s customary at this time of year for those of us pundits and pontificators who make our living scanning the news feeds to make our predictions for the coming year, so – why not? – I’ll go ahead and throw my hat in the ring, too.
But this year I’m going to do something a little different: I’m going to make one “sure-bet” prediction, one “maybe possible” prediction and one “it’s not technically impossible!” aspirational prediction.
2025 will likely see rapid advancements in AI, a wholescale retreat from those pushing the ‘green’ climate agenda, and an opportunity for those who question mainstream narratives to freely come together against globalism.
Link: Who is James Corbett?
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Read MoreAutomakers and dealers alike yesterday said Environment Minister Steven Guilbeault’s electric car mandate is finished. Forecasts of ever-increasing sales are “a complete fantasy” after cabinet pulled $5,000 rebates for new buyers, said industry executives.
“There is obvious hypocrisy in imposing ambitious zero emission targets and affiliated penalties on the industry and consumers when the government is showing a clear lack of motivation and support to meet this goal,” said Tim Reuss, CEO of the Canadian Automobile Dealers Association. “Dear Minister Guilbeault: This is your program. If you cannot secure adequate funding for it, get rid of it.”
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Read MoreMore data has emerged to debunk the “global warming” narrative being pushed by green agenda advocates and the corporate media.
Tony Heller of Real Climate Science shared the data in a post on X.
Heller noted that the latest data highlight the climate misinformation and disinformation campaigns waged on the public by globalist corporate media.
He referenced a 2007 BBC News article titled “Arctic summers ice-free ‘by 2013’.”
The article warned readers of the supposed threat that “latest modeling studie
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Read MoreThe Net Zero Asset Managers initiative—a coalition of investment behemoths turned self-proclaimed climate warriors—hit a wall this week after BlackRock’s dramatic exit forced it to suspend operations. The fallout comes as U.S. political pressure mounts against the green agenda championed by corporate giants.
BlackRock, the globe’s largest asset manager
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Read MoreDecarbonizing Canada’s Electricity Generation Lessons from Ontario and Prospects for Alberta
Canada’s Clean Electricity Regulations will require all provinces to fully “decarbonize” their electricity generation as part of the federal government’s broader “Net Zero 2050” greenhouse gas emissions mitigation plan.
Ontario’s experience with decarbonization in phasing out its coal-fired electricity power plants between 2008 and 2016 was illustrative. Ontario’s residential electricity costs increased by 71 per cent over the period, far above the 34 per cent average increase for the rest of Canada. In 2016, Toronto residents paid $60 more per month for electricity than the average Canadian. Similarly, during the same period, industrial electricity prices in Ontario increased significantly faster than in the rest of the country.
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Read MoreSky News host Rita Panahi has slammed the “DEI madness” taking over the Los Angeles Fire Department after a video resurfaced of an LAFD deputy chief’s bizarre comment.
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Read MoreAnother important paper taking issue with the ‘settled’ climate narrative has been cancelled following a report in the Daily Sceptic and subsequent reposts that went viral across social media. The paper discussed the atmospheric ‘saturation’ of greenhouse gases such as carbon dioxide and argued that higher levels will not cause temperatures to rise. The work was led by the widely-published Polish scientist Dr. Jan Kubicki and appeared on Elsevier’s ScienceDirect website in December 2023. The paper has been widely discussed on social media since April 2024 when the Daily Sceptic reported on the findings. Interest is growing in the saturation hypothesis not least because it provides a coherent explanation for why life and the biosphere grew and often thrived for 600 million years despite much higher atmospheric levels of greenhouse gases. Alas for control freaks, it also destroys the science backing for the Net Zero fantasy.
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