Our green globalist Prime Minister Mark Carney holds three passports – that we know of. Appropriate for one of the international architects of the global Net Zero scam, an ideology that is pursued enthusiastically by virtually every municipality in Canada (with encouragement from Trudeau’s and now Carney’s government).
As a reminder, Net Zero means offsetting the amount of carbon dioxide a nation emits through measures such as buying e-credits or removing it from the atmosphere through “carbon capture technology.” However, since carbon credits aren’t real and carbon capture is an expensive boondoggle, in practice, Net Zero demands slashing emissions to near-zero levels through drastic measures: phasing out fossil fuels, substituting costly and unreliable “renewables” like wind and solar, and imposing various types of mandates on consumers.
(Wonder why there is still no new pipeline approved?)
Net Zero in Europe
Net Zero constitutes a radical restructuring not just of energy systems, but of the global economy.
Net Zero’s pitfalls are evident across Europe, one of Mark Carney’s home bases, where aggressive implementation has triggered an alarming number of energy crises. Germany’s infamous Energiewende (or “energy transition”) policy program is perhaps the most well-known example. The goal of Energiewende was to clamp down on the usage of traditional energy sources – oil, natural gas, even nuclear power – creating artificial energy scarcity, with the expectation that (heavily subsidized) wind and solar would step in and fill the void.
Consequently, the cost of electricity soared, such that Germans now pay the highest prices in the EU. This has contributed to deindustrialization, with major companies like Mercedes-Benz shifting production to Hungary, whose energy rates are 70% lower than Germany’s.
Even with higher rates, wind and solar can’t really power the entire grid of a country of 80 million people, so, in recent years, Germany became increasingly dependent on imported Russian fossil fuels to fill in the gaps. When the War in Ukraine made that untenable, the government decided on a shocking course of action – to resume burning coal just to keep the lights on, while maintaining their fantastical belief that wind and solar are the way of the future.
Germany is far from the only country brought low by Net Zero groupthink. In Great Britain, another of Carney’s countries, where he also served as central banker from 2013 to 2020, Net Zero by 2050 targets were legally mandated by the then-governing Conservative Party in 2019. But the currently governing Labour Party has gone even further, embracing Net Zero with a religious mania.
Chief among the green maniacs is Ed Miliband, Secretary of Energy Security and Net Zero. Miliband has declared that “the transition [to Net Zero] is unstoppable, [though] we need to make it move faster.” He gave himself the task of picking up the national pace, setting a goal of decarbonizing the U.K.’s electrical grid by 95% by the year 2030.
To that end, the government has invested heavily in wind and solar, while banning new oil and gas exploration in the North Sea. They’ve also moved up the timeline for banning new gas-powered cars in the country from 2035 to 2030. In less than four years, British drivers will effectively be forced into electric vehicles – whether they want them or not.
Predictably, British electricity rates are rapidly catching up to Germany’s. With a bit more time, and a bit more of the Labour government’s radical green policies, they will surely have the highest energy rates in the developed world.
Other British Net Zero insanities include the U.K. Climate Change Committee’s continual over-the-top recommendations to parliament, including that they adopt policies which will reduce meat and dairy consumption by up to 50% by 2050, and reduce air travel, perhaps through a “frequent flyer levy.” No more pleasure travel for the British hoi polloi!
No wonder that Prime Minister Keir Starmer had to admit recently that popular backing for Net Zero had “broken down.”
The UK has become increasingly reliant on electricity imported from other European nations, despite Miliband’s constant claim that Net Zero will make the U.K. energy self-sufficient. But because the Net Zero mind virus is catching, it isn’t a sure thing that electricity will always be there to import. Just last year, Spain and Portugal experienced among the worst blackouts in Europe in decades, with an estimated 60 million people losing power. This occurred just days after Spain had bragged that it had successfully run their grid on 100% “green” energy for a short period of time.
PM Carney was, as noted, the Governor of the Bank of England. He was then and remains a leader in this European Net Zero cult. Let’s admit it, though, we all have friends who say that Mark Carney is “ok” because he is “some sort of conservative.”
Don’t fall for this nonsense. And take action.
This year, voters in six provinces and one territory in Canada will be electing new politicians at the local level. It’s time to wake up and get involved and elect some municipal leaders who will fight Carney’s Net Zero insanity in our cities and towns, instead of promoting it.
