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.