Saturday, September 23, 2023

Terence Corcoran: Mark Carney’s war against the fossil fuel industry is just the beginning

The corporatist left is scheming to control the flow of money and cut off funding to business activities that may be contributing to the climate emergency

More than markets are being manipulated. A recent article by the University of Colorado’s Roger Pielke Jr. — “How Billionaires Tom Steyer and Michael Bloomberg Corrupted Climate Science” — describes how they helped fund and promote the most extreme and improbable climate scenarios they are now hyping as part of their platforms.

As he begins his tenure as the world’s official climate-planning financial propagandist, Mark Carney is promoting the same extreme scenarios as he campaigns against the fossil fuel industry. Canada’s energy firms are right to be concerned. Non-energy companies should also be worried. The focus on fossil fuels is only one small part of the emerging sustainable/green/social investment movement. Ice-cream makers beware.

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