this post was submitted on 27 Mar 2026
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[–] patatas@sh.itjust.works 24 points 2 days ago (1 children)

"Yet this isn’t the first time that the Carney government has taken policy cues from the fossil fuel and AI sectors. This past October, the prime minister directly referenced in a speech the organization Build Canada, which is led by and associated with tech, oil, and gas billionaires."

begging people to understand that Carney is terrible on climate, and his famous Tragedy of the Horizon speech was only ever about an investment pitch, not about actually mitigating climate change

[–] CanadaPlus 4 points 2 days ago* (last edited 2 days ago) (1 children)

I guess it depends by what you mean by "bad on" in "bad on climate".

You can dislike how he's going about it, say how he balances the issue against other things in a specific decision, but he's devoted a good chunk of his professional life to it and won't shut up about it in his book, at least to the point I've read.

[–] patatas@sh.itjust.works 11 points 2 days ago (2 children)

He's devoted his professional life to capital markets. I've read his book, watched hours of interviews and speeches. My assessment: his interest in climate is largely limited to the potential investment returns of a given action.

That's why his book is full of fanciful notions of hydrogen fuel, nuclear, carbon capture, AI, quantum computing, and cryptocurrency-based "smart contracts" ... instead of focusing on the stuff that actually works but has a low potential ROI, and/or doesn't funnel vast quantities of public money to the private sector: wind, solar, geothermal, public transit, heat pumps, public ownership, and so on.

[–] CanadaPlus 4 points 2 days ago

Well, alright then. He does love a good hype technology for sure.

[–] group_hug@sh.itjust.works 3 points 1 day ago

Cryptocurrency smart contracts? That is terribly disappointing to hear.