John Bolton - July 02, 2026


Carney Admits Climate Policy Wrong - $200 Billion Of Your Money WASTED

Hosted by
John Bolton
Mentioned
Mark Carney Danielle Smith Justin Trudeau Glasgow John
RSVP Now For The Let Alberta Decide Stampede Breakfast The Failure of Danielle Smith - Folds Like A Cheap Suit

Episode Stats


Length

9 minutes

Words per minute

168.12

Word count

1,548

Sentence count

102

Harmful content

Misogyny

1

sentences flagged

Toxicity

1

sentences flagged


Summary

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

In this episode of the Big Blue Mug of Coffee, Jon talks about the lack of a pipeline announcement from Alberta s premier, Danielle Smith, and Prime Minister Mark Carney, and why this is infuriating. He also talks about how Prime Minister Justin Trudeau's failed $200B+ climate strategy is a classic example of what makes the public cynical about politics.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Hi, it's John and welcome to the channel. Great to have you here today, Thursday, July
00:00:07.520 the 2nd, 444 AM with the Big Blue Mug of Coffee. I appreciate your time. By the way, if you
00:00:14.180 were to click on subscribe right now, you would help me get to 53,000 subscribers. Thank
00:00:19.980 you very much. I'm not going to take too much time on this today. I say that often. I think
00:00:25.600 I accomplish that most of the time. I know your time is very important to you. It's valuable.
00:00:30.000 I've got lots to do this morning. And honestly, this topic kind of makes me mad. It infuriates
00:00:37.780 me, actually. I'm going to talk about something that's happening today quickly. I'm going to
00:00:42.860 talk quickly about something that happened the other day. And we're going to actually discuss
00:00:46.600 today something that Mark Carney is accomplishing that's actually apparently going to happen.
00:00:53.360 The only thing I think he's accomplished in a year. We'll wrap it up with that at the end.
00:00:58.260 I call Carney the performative prime minister. And we're going to talk about that today in a
00:01:03.320 number of different ways, I think. So this is an article that I read just yesterday. Okay. So
00:01:10.780 here's, here's Danielle Smith, premier of Alberta with Mark Carney, prime minister of the country.
00:01:14.940 This takes us back to November 27th when they signed the memorandum of understanding to get
00:01:20.180 a pipeline. So Danielle Smith today in Canada, in Alberta, as a matter of fact, 26 kilometers from
00:01:27.600 where I live, Danielle Smith is going to make a submission of a pipeline project to Mark Carney's
00:01:35.140 major projects office. So this is the way things work in Canada now. It used to be politicians
00:01:43.260 would walk out at calling a news conference. They're going to walk out and they'd say,
00:01:47.260 we're building something, but we don't do that in Canada now. You know what we do? We come out and
00:01:52.400 make an announcement about something we might build because there is no pipeline. There is no
00:01:58.920 investment in the pipeline from what I understand. Now, if she comes out today and says she has an
00:02:03.460 investor, I'm going to take that with a grain of salt because at this point, the people on the
00:02:09.640 screen here, Danielle Smith and Mark Carney would say pretty much anything to make you believe
00:02:14.640 there's a pipeline happening because Alberta is going to have a vote on independence on October
00:02:20.320 19th, or at least to get a vote on independence on October 19th. They will say anything at this
00:02:25.920 point because Daniel Smith has got to save face and Mark Carney's got to look like he's actually
00:02:31.040 accomplishing something, but he isn't. There is no pipeline. They're going to announce a possible,
00:02:36.580 maybe perhaps, pipeline today. So let's move on to the next story. And this really inspired
00:02:42.940 today's video. And this really infuriates me. Carney did a video the other day talking about
00:02:51.040 energy in Canada, how important it is. And he really spoke mostly about his national
00:02:57.000 electricity program, which I've discussed here before, and said that it's basically a clean
00:03:02.480 energy program. It's all about sustainable energy. He throws in a little mix of gas,
00:03:07.540 but it's windmills and solar panels because this is who Mark Carney is. This is in his nature. So
00:03:13.380 it's the last four words of this headline you have to read and kind of take in. Okay. Carney's pivot
00:03:20.100 on climate change, the right move, but is it real? Listen, it was only about a year ago that he was
00:03:28.020 the UN envoy to climate change. And he was the head of the Glasgow financial alliance for net
00:03:34.560 Zero, which tried to discourage companies from investing in oil and gas. Okay, so let's just
00:03:42.300 read a little bit of this article, link in the description. So the first paragraph is infuriating
00:03:48.620 because this is how much their climate change plans have cost you as a Canadian. Prime Minister
00:03:54.020 Mark Carney's pre-Canada Day pivot away from Justin Trudeau's failed $200 billion plus climate
00:04:00.900 strategy after supporting it up to late last year is a classic example of what makes the public
00:04:06.820 cynical about politics. The timing was strategic after Parliament had adjourned for the summer
00:04:12.340 and the day before Canada Day. I might add it was strategic because Danielle Smith is going to roll 0.99
00:04:17.580 out this perhaps possible maybe pipeline today. When Canadians were thinking about barbecues and
00:04:23.000 fireworks, not industrial greenhouse gas emission targets, on one level it's the right decision.
00:04:28.540 assuming Carney can be trusted, which is open to question, given that prior to entering politics,
00:04:34.440 he was the UN Special Envoy for Climate Change, as I just said, and the chair of GFANS, the Glasgow
00:04:40.240 Financial Alliance for Net Zero, and the leading global corporate advocate for higher carbon taxes.
00:04:45.880 Folks, this was just last year that he was still talking about this stuff. Just a year before that,
00:04:52.040 he was these things. This was his shtick. And now he's turning back on it. Can you believe him?
00:04:57.640 Now he says Trudeau's plan, while well-intentioned and suited for the time it was created, would in today's world reduce Canada's economic growth and increase Western alienation.
00:05:08.120 And as you can see, I put that last little bit in red here because it reduced Canada's economic growth in the past too by a lot.
00:05:16.940 Let me tell you this.
00:05:18.120 I think I may have told you this story before.
00:05:20.000 Back in 2015, my wife worked for an engineering company in the oil and gas industry.
00:05:25.340 They actually put wells in the ground.
00:05:27.640 Amazing, right? So Trudeau gets in, regulations come in, they go all in on climate change,
00:05:34.980 backed up by people like Mark Carney and hundreds, if not thousands of jobs are lost at her company
00:05:41.280 alone. It was tragic. And it goes on to say, it would increase Western alienation in today's
00:05:49.920 world. Well, it has in the past as well. It says, this is how clueless people like Mark Carney are.
00:05:55.460 And here's the thing. It's cost $200 billion to achieve nothing. As Goldstein goes on to say
00:06:03.520 in this article, we've never achieved our goals and accomplished nothing at the cost
00:06:09.160 of $200 billion to you. And they don't say sorry. They get away with this.
00:06:14.900 In the real world, that's sugarcoating it, which Carney has promised not to do because
00:06:19.620 in the real world, now he gives two choices here. In the real world, the federal liberals either
00:06:24.960 misled Canadians about their ineffective and ruinously expensive climate policies or were
00:06:31.840 grossly incompetent and driven by ideology alone. It should be and or, but it can be both of those
00:06:38.220 things. They misled Canadians and they were grossly incompetent about this. Here's Mark Carney
00:06:44.860 just the other day in a 20-minute discussion about Canadian energy. Short clip, my apologies.
00:06:52.220 We can't afford to restrain the growth of an important part of our energy mix, oil and gas, to meet a short-term goal.
00:06:59.920 I want to be clear on this point.
00:07:01.820 The changes we have made will mean that our emissions will be higher in the next few years than they were projected to be under the previous government's plan.
00:07:10.440 But in my judgment, that plan was not sustainable over the long term.
00:07:15.140 It would have been too expensive for Canadians, Canadians who are already struggling with affordability.
00:07:22.920 It would have let down our partners who need new sources of energy,
00:07:26.820 and it would do so right at the time when we need them to help us become more independent of the United States.
00:07:35.460 And it would have been too divisive for our country.
00:07:39.440 In the current environment, the old plan was an open opportunity for those people who wish to pull Canada apart, both at home and from abroad.
00:07:49.360 He talks about how Trudeau's policies today would harm you because of affordability issues, because you can't afford things today.
00:07:58.000 That's exactly what they did for 10 years, and he was all in favor of that.
00:08:01.720 Is he saying sorry for that?
00:08:03.200 He talks about letting our partners down at a time when they need oil and gas.
00:08:07.400 They need the oil and gas now. He let the partners down 10 years ago, and Trudeau did,
00:08:12.440 and the Liberals did, and Ottawa did, because they didn't allow us to expand our oil and gas
00:08:17.700 pipelines and build things back then. But he wants you to just forget this. Wave a magic wand,
00:08:23.600 all is forgiven, and never saying sorry. And then he goes on to talk about how people like myself
00:08:29.720 are tearing the country apart. Ladies and gentlemen, it was the Liberal Party that tore
00:08:35.080 everything apart. But Mark Carney is accomplishing something. This is the only thing he may be
00:08:40.000 accomplishing and has accomplished since he's been prime minister. The performative prime
00:08:44.920 minister who talks a good game, but does nothing is going to make Canada part of Eurovision.
00:08:54.540 Fantastic. Because of course, Canadians, apparently a large majority of them want us
00:08:59.880 to join the European Union, which would be a huge mistake. But as is said, never think
00:09:08.140 that in politics that because something is stupid, it will not be done. 1.00