It is hard to imagine the global policy environment around climate change can get any wonkier through 2020 than it has been through 2019. The Oxford Dictionary declared the two-word slogan “climate emergency” to be the 2019 Word of the Year, although that was before the crash-and-burnout of the 25th United Nations’ intergovernmental Conference of the Parties in Madrid. It’s a climate emergency, but let’s put the whole thing off until COP26 next November in Glasgow.
As 2020 wears on, leading up to COP26 in Glasgow, we can expect to hear more of these and other wonky plans to seize control of economic activity in the name of fighting climate change — although not all ideas will take direct aim at consumers feeding on meat and ice cream at the bottom of the economic production chain.
Cutting off the flow of money to fossil fuel as a “socially undesirable” activity is certainly the prime objective of Mark Carney, who is about to become the world’s leading public proponent of the idea that global financial markets need to be controlled and manipulated. The former Bank of Canada governor leaves his post as head of the Bank of England to take up a new role as the United Nations’ “special envoy on climate action and finance.
The idea that the market is dumb compared with non-market state-backed actors should be more than a discussion “at the margin.” By shuffling the topic to the sidelines, Carney is joining the UN, radical activists such as Thunberg’s Extinction Rebellion and the expanding cabals of corporate executives who are willing to abandon whatever market principles they hold or pretend to hold in the name of protecting the planet from disaster.
CutHimOff
There isn't a 'war' against the fossil fuel industry: there is a 'war' to try and save the earth for its future generations. As you may know, the fossil fuel industry, however unknowing, has put our earth under extreme stress and duress. We must act - now!
Canada produces many in the advancement of global Marxism...most don't realize it was our own Maurice Strong who got the climate hysteria ball rolling at the UN...One observer described his 'scarcely-concealed delight in explaining his often Machiavellian political manoeuvrings.'
Carney has turned into a dangerous guy. Must be on the Rockefeller’s payroll.
Jim turned into a real asshat
Ahhh… another fine propaganda piece from the National Post. Orwellian much?
Traitor to Canada
These are dangerous people
let me guess, there's money to be in his fight against oil? mouthpiece of the Rothschilds.
Mouth piece for the rich that like to fly their jets in the skies, motor their million dollar yachts in oceans and lakes and drive their convoys of gas guzzling trucks.
This rag's war on the environment continues nonstop.
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Source: nationalpost - 🏆 10. / 80 Read more »