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.
“Not now, El Niño,” pleads the astrophysicist-turned climate scientist, Kate Marvel. On top of the fossil fuel crisis and conflicts derailing the world, it appears that Mother Nature is about to provide the umpteenth lesson that we mess with the grand cycles of the Earth to our peril.
We are honoured to welcome author and academic Adam Hanieh back to Toronto to deliver this year’s talk. This event marks the fourth edition of the school’s annual lecture, held in the memory of the late Leo Panitch.