Seismic backflip — NetZero unravelling in real time around us

Mark Carney, recently elected the new PM of Canada, was Mr Net Zero Banker-man himself. Once upon a time, he was Governor of The Bank of England, and was so passionate about saving the planet, he  set up a cartel of bankers called The Glasgow Financial Alliance for Net Zero (GFANZ). Since 2021 this was the black hole sucking in national energy policies. At one point, all the bankers in GFANZ cumulatively managed $130 trillion dollars worth of assets — that's trillion with a T — meaning it was so large it was five times bigger than the US economy. As if that wasn't bad enough, they were in cahoots with the UN and were essentially acting like a quasi world government, setting targets and rules and bossing democracies around by boycotting loans to legal oil and gas companies. GFANZ were eventually neutered by 19 Republican States in the US who fired off legal anti-trust and fiduciary duty salvos.

The new Mark Carney seems to find Donald Trump more frightening than Climate Change

Never mind about the sixth mass extinction, Mark Carney now wants Canada to dig up more oil and gas so they don't have to buy it from the US. What matters is not whether his great grandchildren will bake in a catastrophe — but whether he can win a trade war with Donald Trump and stop him stealing Alberta:

Thanks to @NetZeroWatch

Mark Carney's conversion from eco warrior to oil and gas champion

By Johnathon Leake, The Telegraph (UK)

Once considered the Bank of England's greenest-ever governor, Mark Carney has seemingly undergone a Damascene conversion.

During his time at Threadneedle Street, he called on the world to leave 80pc of oil and gas in the ground.

But now, as Canada's new prime minister, he wants to pump as much as he can to protect the country's economy from Donald Trump's trade war.

Canada is going to become an energy powerhouse, Carney told reporters last week…

Mark Carney was dropped in as Prime Minister in mid-March, but facing an election, the first bill he signed was to kill off the carbon tax — something the opposition leader, Pierre Poilievre, was campaigning heavily on.

Meanwhile, Alberta, the energy rich "engine" of Canada, was talking about seceding if he won, fed up with all the carbon rules and "Liberal neglect".  But suddenly Carney went on to promise to build oil and gas pipelines, set up LNG export terminals and undo the restrictions on carbon dioxide emissions. All the Trump talk of Canada becoming the 51st State and the imposition of tariffs may have slayed their carbon tax, and triggered new gas pipes and ports for Canada.