US Edition'Too much regulation, not enough action': Carney rebuffs Trudeau's climate policies
Carney promotes pragmatic energy investments including carbon capture and nuclear power, while noting Canada is only halfway to its 2030 emissions reduction target, Environment Canada says.
- Sunday, Prime Minister Mark Carney criticised his predecessor’s climate policy and backed a November MOU with Alberta to fast-track energy projects and a pipeline to British Columbia's northwest coast.
- The memorandum with Alberta commits to develop a nuclear strategy by Jan. 1, 2027 and raises the industrial carbon price from $95 a tonne to a minimum of $130 a tonne, enabling investment in nuclear and carbon capture.
- Carney told CBC's Rosemary Barton `Because I care about the issue fundamentally, I care about what gets done` and cited Environment and Climate Change Canada data showing Canada will fall short of its 2030 climate goal.
- Steven Guilbeault, former federal environment minister, resigned from Carney's cabinet opposing the Alberta agreement, though Carney said 'elements of the MOU were changed consistent with his views.'
- Carney says a pipeline would proceed only if all deal conditions are met, and Alberta aims for shovels in the ground by 2029, with the House of Commons debate before Dec. 11.
5 Articles
5 Articles
"We have too much regulation and not enough action," said Canadian Prime Minister Mark Carney on Sunday in an interview with CBC News.
'Too much regulation, not enough action': Carney rebuffs Trudeau's climate policies
Prime Minister Mark Carney says Canada has too much regulation and not enough investments in clean energy and technology — and he's making his most direct repudiation yet of his predecessor's environmental policies.
Carney Faces Up to the Reality of Trudeau's Climate Fantasies
Sometimes policy change is necessitated by reality. The welcome new entente cordiale between Ottawa and Alberta, fast tracking new energy developments, marks a pleasant example. This is all the more remarkable since Prime Minister Mark Carney, was once a leading voice against fossil fuels; as head of the Bank of England, he led the charge for banks to bankroll the much-ballyhooed transition to renewables. Yet a decade later, he appears to have s…
Carney’s budget triggers national outcry
By: Ashima Shukla, Staff Writer Prime Minister Mark Carney’s government tabled its first federal budget on November 4. A few months ago, he remarked that Canada is facing a moment of “rupture” — seeing “the arrival of a ‘new age of economic nationalism and mercantilism’ and described the current moment as an ‘age of adversity.’” Much of the growing economic instability stems from the ongoing US-Canada trade tensions and American tariffs. To co…
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