John Bolton - May 04, 2026


Carbon Taxes Dead - Someone Tell Marx Carnage


Episode Stats


Length

6 minutes

Words per minute

180.29393

Word count

1,190

Sentence count

75

Harmful content

Misogyny

1

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
00:00:00.000 But if one of his values is keeping oil and gas in the ground and he thinks Alberta can
00:00:04.380 operate on wind and solar and battery power, he's got another thing coming.
00:00:11.060 Hi, it's John and welcome to the channel 237 a.m. Monday, May the 4th. I hope you're having a great
00:00:16.720 start to your Monday. Hope you had a super weekend as well. Weather was great here in Calgary. Hope
00:00:20.380 it was the same where you live. I appreciate you being here. Did you know that the global
00:00:27.360 industrial carbon tax is dead. Did you know this? I didn't know this until somebody brought it to my
00:00:34.380 attention in a conversation last night, and this has only happened within the last couple of days.
00:00:40.060 I'm going to tell you about that in just a moment. Now, you would never know this if you live in
00:00:43.780 Canada because we have Mr. Net Zero, Mark Carney, as our prime minister. I would never know it here
00:00:48.900 in Alberta because the province of Alberta, my premier who should know better, is currently
00:00:53.500 negotiating with Mark Carney on an industrial carbon tax. She should tell him to go take a hike.
00:00:59.840 Something else that really crossed my mind this morning, it's been 20 years since Al Gore released
00:01:05.840 this. His science fiction movie, An Inconvenient Truth. There were predictions made in that movie.
00:01:12.880 Right now, all of the polar ice caps are melted according to An Inconvenient Truth. In fact,
00:01:19.060 I think Gore made a prediction that they would be gone 12 years ago.
00:01:22.920 All the polar bears are dead, and coastlines across the world are underwater.
00:01:27.100 These things have not happened.
00:01:28.740 It's a movie of science fiction.
00:01:30.420 But people bought into this.
00:01:31.880 And I remember when this movie came out, having arguments with people
00:01:35.260 and telling them, you're being played here.
00:01:38.760 Global warming is about people who live large telling the rest of us how to live small.
00:01:42.940 And that's what Mark Carney does.
00:01:44.340 You know, this is one of the main reasons why we don't have nice things in Canada, in Alberta.
00:01:53.100 We heard recently that Justin Trudeau cost Canada a trillion dollars.
00:01:57.960 A large part of that trillion dollars is because he's part of the climate cult,
00:02:02.500 because we haven't been able to get our natural resources to market.
00:02:06.020 If you look at what's been going on in Europe lately, Europe has been going cold on net zero.
00:02:11.480 The most preposterous policy idea in history is running out of steam as voters feel the cost.
00:02:18.220 But how has the carbon tax been declared dead?
00:02:22.360 Well, Marco Rubio, just the other day, who is the Secretary of State in the United States, released this on X.
00:02:29.520 Now, this is from May the 1st.
00:02:31.340 Under POTUS's leadership, the United States successfully eroded support for the global carbon tax,
00:02:36.900 forcing the IMO HQ to consider more pragmatic proposals that don't burden Americans. The
00:02:43.420 carbon tax proposal would have subjected all member states to an unsanctioned global tax regime
00:02:49.180 and regressive penalties. The global carbon tax is dead. He's referring to this. I'll put a link
00:02:54.560 in the description so you can check this out. Basically, this would put a global carbon tax
00:03:00.080 on all shipping, which would raise prices around the world. And the carbon tax is dead. You know,
00:03:05.440 it's interesting about this original post on X by the Secretary of State. The very first person
00:03:11.320 to comment on this was, Free Alberta, please tell Mark Carnage. Well done, young lady. I appreciate 0.90
00:03:19.260 it. Meanwhile, here in Canada, for those of you, and in Alberta, for those who don't know what's
00:03:24.220 going on here, we've got this happening. Canada and Alberta close in on carbon price agreement,
00:03:29.380 Reuters sources say what this industrial carbon tax will do and is doing is raising the cost of
00:03:36.760 a barrel of Alberta oil by five to fifteen dollars which makes us uncompetitive and then we won't be
00:03:43.660 able to sell it to the world. We know what Mark Carney wants to do he wants to keep our oil and
00:03:48.020 gas in the ground. Maybe up as much as half of oil reserves proven reserves need to stay in the
00:03:53.700 ground if we're going to get to where we are. There's this article from the CBC of all places
00:03:58.260 Canadian oil and gas losing competitive edge due to industrial carbon price, industry leaders say.
00:04:04.020 A little bit of this article for you. Leaders in Canada's oil and gas sector say the industrial
00:04:08.580 carbon levy would erode the country's competitive edge at a time when the world is clamoring for a
00:04:14.000 reliable energy supply. We're still talking about an industrial carbon tax when no other producing
00:04:20.100 and exporting nation does that to their producers. Lisa Baton, head of the Canadian Association of
00:04:25.840 Petroleum producers said in an interview as the 2026 BMO Cap Energy Symposium kicked off in Toronto
00:04:32.920 on Tuesday. Baton said the war embroiling much of the Middle East has put an exclamation point
00:04:37.920 on an argument Cap has been making since Russia's invasion of Ukraine in 2022. Canada is blessed
00:04:44.440 with one of the biggest oil and gas reserves on the planet and is not only the opportunity but
00:04:49.920 the responsibility to develop them and bolster global energy security and yet we seem to be
00:04:55.160 sometimes focusing on the wrong things,
00:04:57.380 Baton said, instead of seizing the moment
00:04:59.720 and taking the mantle of that responsibility,
00:05:02.280 we are focusing on things that add cost
00:05:04.840 and make us less competitive.
00:05:07.160 Hear, hear.
00:05:08.400 The global carbon tax is dead.
00:05:10.720 Somebody please tell Mark's carnage.
00:05:14.440 And the other thing about that you need to understand
00:05:16.860 if you don't know what's going on here in Alberta,
00:05:19.160 in order for us to get an oil pipeline out to the coast,
00:05:23.880 We have to build a giant carbon-sucking machine, and this is what happens.
00:05:28.680 It sucks air into the machine and buries your money and our money in the ground.
00:05:33.800 By the way, the price of it is now up around $20 billion.
00:05:37.300 A large part of that paid by the Canadian taxpayers to accomplish absolutely nothing.
00:05:43.980 The global carbon tax is dead, and yet Canada continues to push forward with this ridiculous agenda.
00:05:51.220 And here's the other thing.
00:05:53.160 Even if we do find an investor, if that's even possible in an oil pipeline in Canada, the indigenous groups across British Columbia will still be able to block it because Mark Carney has given them a veto.
00:06:08.200 They have to agree to the pipelines, and I'm sure they're ready to stand in the way of any progress.
00:06:13.680 The only way we can get anything done in Alberta is to ship it south into the United States.
00:06:20.100 I did a video on that just the other day.
00:06:22.380 Thank you very much for watching.
00:06:24.140 I hope you liked this video.
00:06:25.480 I hope you found out a little bit more
00:06:26.880 about the global carbon tax, which is dead.
00:06:30.120 If you liked it, give it a thumbs up,
00:06:31.780 subscribe to the channel, ring the bell for notifications.
00:06:34.000 I'll see you in the next one.