John Bolton - June 02, 2025


Carney wants oil industry to BEND to his WARPED vision

Topics
get a price on carbon
Hosted by
John Bolton
Mentioned
Mark Carney Danielle Smith Scott Moe Rosemary Barton Ronald Reagan Bill C-63 Brookfield John
It's D-Day for Mark Carney - D is for Danielle As Premiers BEG for prosperity a WESTERN ALLIANCE becomes clear

Episode Stats


Length

7 minutes

Words per minute

180.89

Word count

1,371

Sentence count

124

Harmful content

Misogyny

1

sentences flagged

Hate speech

1

sentences flagged


Summary

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

Premier Scott Moe meets with Premier Mark Carney in Calgary and talks about his vision for the future of Canada's oil and gas industry and the need for a price on carbon emissions. Also, the EU wants Canada to diversify its carbon trading system so that it can diversify their own emissions.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
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. It is Monday, June the 2nd, 4.46 a.m. I've got my big
00:00:05.500 blue mug of coffee. Hope you're having a great day today. Hope you had an awesome weekend. I
00:00:09.880 certainly did. And just a heads up, I might be sporadic with my videos this week. I have family
00:00:15.820 coming here, so that could get in the way. But I hope to put up a video every day. And if you're
00:00:19.880 here today, thanks so much. If you subscribe, thank you. If you haven't, just click on subscribe
00:00:25.180 and you'll help out the channel in a big way. And hit like as well. So, big news today. Premier's
00:00:31.980 meeting with Carney. Yesterday, he met in Calgary with people in the oil and gas industry and the
00:00:37.420 clean energy industry. Here's a tweet he put out. Canada's new government ready to fast-track major
00:00:42.580 projects across the country that will make Canada an energy superpower. We met with leaders in clean
00:00:47.920 and conventional energy today in Calgary. We all agree it's time to build. Now, I'm going out on a
00:00:52.220 limb here. A lot of people saying they're not going to comment on what's going on when it comes to oil
00:00:57.520 and gas, Alberta, Saskatchewan, until after the premiers meet today. We don't know all the details
00:01:04.280 of what he spoke about yesterday in Calgary, but I'm going out on a limb here. Mark Carney is not going
00:01:10.460 to see eye to eye with Danielle Smith, Scott Moe, and the people who want to pump oil and gas here. He
00:01:16.840 wants them to see it his way because Mark Carney has his view of the world and he wants others to
00:01:23.600 abide by it. What has he said about the oil and gas industry in the past? And that starts with
00:01:29.900 recognizing the facts. As the world shifts to using lower carbon energy, increasingly only the
00:01:37.320 cleanest oil and gas will be consumed. Our oil and gas industry recognizes this. They're committed
00:01:45.040 to net zero emissions by 2050. And so are we. My government will work closely with our oil and gas
00:01:52.220 industry to reduce their emissions over time so that Canadian conventional energy will supply the world
00:01:58.920 for decades to come. Carney wants the oil and gas industry to buy into his vision of the world. So he's
00:02:06.300 going to try to convince them that's the way to go, which has all kinds of strings attached, all kinds of
00:02:12.160 regulations and handcuffs on our oil and gas industry. The way I see it, let's just get our
00:02:17.260 stuff out of the ground and sell it around the world. No strings attached. That's not Carney's way.
00:02:23.160 And of course, he's trying to unhitch himself from trade with the United States, our biggest trading
00:02:27.240 partner, and they will always be our biggest trading partner. About $600 billion in trade every year.
00:02:33.180 They're right across the border. And he wants to hitch his wagon to the United States, to the EU.
00:02:38.020 He said it with Rosemary Barton. They're all about carbon border adjustment. That's what the liberals
00:02:44.700 believe in. Terrifying things that come into the country that don't live up to their climate change
00:02:50.400 plans. It's a big, bad world out there. The people with whom we are more likely to trade with now that
00:02:56.880 our closest trading partner is attacking us cares about carbon emission reduction. You look at the
00:03:02.180 European Union, look at the major Europe. Of course, hitching our wagon to the EU is perfect for Mark
00:03:07.560 Carney. They think exactly like him. Here's Ursula von der Leyen, the head of the EU.
00:03:12.880 Put a price on carbon. It is a market-driven instrument. And the message is very clear.
00:03:19.740 You're polluting. You must pay a price.
00:03:22.520 What Carney wants is all kinds of regulations and rules on our oil and gas industry. What has
00:03:28.420 Daniel Smith said? What does Scott Moe want? Get the hell out of the way. The government that is
00:03:35.480 best governs least. I've said it here before. Ronald Reagan. Get out of the way. Get rid of C-69. 1.00
00:03:41.700 Get rid of emissions caps. Get rid of the tanker ban. Let us put some pipelines in, for Christ's
00:03:47.240 sakes. But that's not what Carney wants. His idea is so freaking convoluted, he can't even explain it.
00:03:53.520 Is to have a form of price for the largest on carbon, for the largest emitters, said differently,
00:04:01.840 the largest polluters. Now, what we are doing is changing that system or improving that system
00:04:09.980 so that the price that's paid can, and the price that's paid can be reduced by so-called carbon credits
00:04:18.780 that are allocated. We are adding additional ones. We will be adding additional ones that ensure that
00:04:26.340 the polluters are paying to, so that Canadians can receive support to reduce their own emissions.
00:04:33.300 On the other hand, we have the opportunity to diversify trade. Guess what one of the requirements is,
00:04:39.880 to diversify trade to the European Union? Guess what one of the requirements is, to diversify trade
00:04:44.460 to the United Kingdom? Guess what one of the requirements will be, to diversify trade to emerging Asia?
00:04:51.800 Is to have a form of price on carbon.
00:04:54.740 Carney has a plan. It's more regulations, more taxation, more cost to you. Anything that he taxes
00:05:01.200 will get passed along to you. And that includes all the things coming in from the United States
00:05:07.080 that will get taxed, based on his climate change plan. And that plays right into the hands of the
00:05:13.080 people who voted for him. This isn't helping the environment. It's going to make things worse.
00:05:19.560 But it will make people a lot of money. Here's Mark Carney in his own words.
00:05:22.920 We're going to manage to net zero by 2050. Actually, we're going to have specific targets
00:05:28.360 by 2025 and 2030. So you can measure the short term. And they don't say this quite as loudly,
00:05:34.760 but what they're also saying and thinking, and we're going to make a lot of money off of this,
00:05:38.740 because actually, this is the way the world's headed. I mean, I'm not sure exactly where we get
00:05:44.000 there. But to be carbon competitive is, is going to be value creating.
00:05:49.540 I'm sure a lot of people who Mark Carney knows are just loving this. They're going to make a lot of
00:05:53.780 money off of it. He likely is as well. I don't think he's disclosed all of his business dealings
00:05:58.100 at Brookfield and all the other companies he's had his tentacles on. He is prime minister. Shouldn't
00:06:03.220 we know that? Sunday came and went. Danielle Smith said Sunday was the day she wants to know about the
00:06:09.460 tanker ban and Bill C-69. Maybe after today we'll know. But I don't think Mark Carney sees eye to eye
00:06:16.900 with Danielle Smith and all of her demands here in Alberta. And as an Alberta independent,
00:06:23.060 I'm tired of asking for permission from the federal government. I'm tired of it.
00:06:29.460 That's why I want to leave. Danielle Smith knows who Mark Carney is. She said it prior to the election.
00:06:36.500 I think that the prime minister has made his views very clear about keeping oil and gas in the ground.
00:06:41.220 He's made his views very clear about not wanting a transparent carbon tax. He wants a hidden one.
00:06:46.980 So I don't think it does Alberta any good if we end up seeing massive increases to industrial carbon
00:06:53.220 taxes. It's been quoted many times saying he thinks that the carbon tax is too low.
00:06:57.780 I went out on a limb. I could be totally wrong. After today, Mark Carney and Danielle Smith may walk out
00:07:05.060 hand in hand, put them up in the air and say, listen, we're getting rid of all regulations on the oil and
00:07:10.500 gas industry in Canada. Let's drill, baby, drill. There's not a snowball's chance in hell that's 0.83
00:07:18.740 going to happen. Not a snowball's chance in hell. Thank you very much for watching.
00:07:25.460 I do appreciate it. If you liked the video, please give it a thumbs up, share it,
00:07:29.060 subscribe to the channel for goodness sakes. I'll see you in the next one.