Donald Trump has signed an agreement to get the massive Keystone XL pipeline into production. At the same time, Prime Minister Carney is pushing another pipeline to the Pacific. This, as Canadians are still subsidizing the bitumen in the TMX pipeline to the tune of about 50 cents on the dollar.
Meanwhile, The Guardian published an article this week about the latest findings on the state of the Atlantic Gulf Stream.
Has climate policy-making gone right off the rails? That question pops into my head with increasing frequency these days, most recently when I glanced at a Guardian headline: ‘Daunting but doable’: Europe urged to prepare for 3°C of global heating.
The global economy has become dependent on the AI industry. Trillions of dollars are being invested into the technology and the infrastructure it relies on; in the final months of 2025, functionally all economic growth in the United States came from AI investments. This would be risky even in ideal conditions. And we are very far from ideal conditions.
Mark Carney Pledges $1B in Taxpayer Money for a ‘Carbon Bomb’ Project
It’s a massive subsidy to Equinor, the Norwegian oil company behind the Bay du Nord offshore oil project.
“Do governments have to do more? Absolutely,…without question. There is a gap between ambition and policies that’s large. It needs to close.” – Mark Carney, United Nations Climate Action & Financial Special Envoy.