John Bolton - Green Jobs $cam- FEWER than a small town- COSTLIER than a moon landing

00:00:00.000 Hi, it's John, and welcome to the channel, 554 AM, Sunday, November the 2nd. I hope you're

00:00:08.780 having a great weekend. My second video today, I tip my big blue mug of coffee to you today.

00:00:14.560 By the way, if you haven't subscribed to the channel yet, I'd appreciate if you would do

00:00:18.500 that. Just click on subscribe. Thank you so much. So today I want to start with a couple

00:00:23.200 of quotes from Ronald Reagan, the great communicator. Reagan said, it's not that government taxes

00:00:29.180 too little, it's that government spends too much. He also said this, the nine scariest

00:00:35.780 words in the English language are, I'm from the government and I'm here to help. And

00:00:42.400 ain't that the truth? And this story I'm going to talk about here, I'm going to read a little

00:00:45.880 bit of an article for you in just a moment, proves it. And there's plenty of criticism

00:00:50.120 to go around in this video, not just the federal government, but provincial governments as well,

00:00:55.820 including Alberta. And my Premier Danielle Smith is kowtowing to what Mark Carney wants just to try

00:01:01.720 to get a pipeline here. And she needs to start calling out the BS. And we're going to get a lot

00:01:06.700 of BS when it comes to the budget that's coming up. Now, what has Mark Carney been saying? I think

00:01:11.380 he said this for the very first time way back in February, and he's pulling the wool over your eyes

00:01:16.780 when he says this. Carney's been pushing this line since shortly after he started running for the

00:01:25.480 liberal leadership way back in January. No doubt, Francois-Philippe Champagne, his finance minister,

00:01:31.160 will stroll across the floor on budget night in his brand new pair of shoes. We have balanced the

00:01:37.200 operational budget. The liberal seals will clap in the background, but they'll hardly say the word

00:01:44.260 deficit because in the mind, in the world of Mark Carney, deficits don't exist anymore. Neither

00:01:50.960 do they in the mind of Champagne or liberals. Deficits are investment. And the investment is your money,

00:01:59.000 which drives up the cost of living and inflation. And it doesn't really do any good. Because generally,

00:02:04.400 when governments pick winners and losers, Canadian taxpayers are losers, case in point.

00:02:10.660 I want to read a bit of this to you. Canadian governments, and you'll notice it says governments

00:02:15.000 here because there's a lot of provincial governments that are guilty of this. They spent $158 billion

00:02:21.280 on green economy, but created only 68,000 jobs. Let me read a bit of this, and I think it's important

00:02:26.940 to read. Green economy jobs created in the last 10 years cost Canadian governments an estimated $2.3

00:02:33.720 million per position, totaling $158 billion in 2024. Research from two new Fraser Institute reports

00:02:42.560 found the federal government and the governments of Canada's four biggest provinces, Ontario, Alberta,

00:02:48.000 Quebec, and BC, only created an estimated 68,000 jobs despite the significant amount of taxpayer money

00:02:55.300 expended on climate change mitigation programs, investments, and tax incentives.

00:03:01.000 The study analysis found federal support rose from just $600 million in 2014-15 to $23 billion in

00:03:09.180 24-25, growing 38 times larger. The researchers examined Canadian government's green initiatives such

00:03:16.020 as clean technologies, electric vehicle incentives, and charging infrastructure funding for building

00:03:21.200 retrofits and support for energy efficiency programs. In one example, a failed green energy policy after

00:03:27.360 many federal and provincial subsidies ended in early 2025, EV sales in Canada plummeted by nearly half

00:03:34.160 as charging infrastructure gaps and unreliability hadn't been addressed, as well as major consumer

00:03:40.380 demand failing to materialize. This was coupled with the second Trump administration's dismantling of his

00:03:45.800 country's key low-carbon and green energy initiatives, influencing the environmental policy direction of

00:03:52.100 countries around the world. Provincial green spending also increased substantially from $2.2 billion in

00:03:57.680 2015-2014-2015 to $10.6 billion in 24-25, nearly increasing by a multiple of five.

00:04:06.060 The funding represents yet another instance where governments picking winners and losers in the market

00:04:10.660 does not create the jobs and widespread economic benefits policymakers say it does.

00:04:16.240 Now listen to this. It's going to sound familiar in just a second. Throughout his term in office, Prime Minister

00:04:21.820 Justin Trudeau claimed shifting to a low-carbon economy would bring Canada a prosperous future for all.

00:04:27.340 You're going to hear that a lot during the budget.

00:04:31.720 Quote, Canada understands that if you don't have a plan to tackle climate change, then you don't have a plan to

00:04:38.060 create jobs and economic growth. Unquote, Trudeau said back in 2021.

00:04:42.600 Yet not only did green spending not grow the Canadian economy in a major way, but it also

00:04:48.700 didn't enable us to meet Canada's greenhouse gas emissions, GHG targets. According to the federal

00:04:54.600 government, Canada's emissions only dropped 0.9% between 2022 to 2023, for instance.

00:05:01.740 And now we get to the Mark Carney part of the story. For now, it appears Prime Minister Mark Carney,

00:05:06.560 a former UN Special Envoy on Climate Action and Finance, is distancing himself from parts of

00:05:12.480 Trudeau's green legacy, removing the carbon tax and promising to fast-track energy projects.

00:05:18.040 Quote, what we need to do is to be as effective as possible in terms of addressing climate change

00:05:23.480 while growing our economy. Unquote, Carney told Bloomberg News. Does that sound familiar to what

00:05:28.920 Justin Trudeau said? While he was blowing $158 billion of your money to accomplish absolutely nothing?

00:05:36.220 What makes those emissions go down will be carbon capture and storage. Now, this is where we get to

00:05:43.760 Danielle Smith and the province of Alberta, because Danielle Smith is counting on a pipeline if she

00:05:49.320 buys into this carbon capture nonsense, as Jeff Rath said on this channel right here, putting a pipe

00:05:54.420 into the ground and putting carbon dioxide into it. Do you know what happens when a pipeline bursts?

00:05:59.880 You have a mess. You've got to clean it up. Do you know what happens when a carbon pipeline bursts?

00:06:06.460 This is what can happen. When a carbon pipeline bursts. Listen to this. Did you hear this story?

00:06:12.020 October 28th. Just a few days ago. Listen to this. On a highway near a small village in Mississippi,

00:06:17.700 car engines stalled, people passed out, and dozens were hospitalized, all while first responders

00:06:23.180 struggled to figure out why. There had been reports of an explosion and a loud roar. Emergency crews

00:06:28.860 suspected a gas line had erupted, causing a mass poisoning. 30 minutes in, they knew that the gas

00:06:36.340 was carbon dioxide, according to a post-incident report authored by multiple U.S. agencies.

00:06:42.340 A pipeline carrying liquid CO2 ruptured, forming a crater around 40 feet deep at its lowest point.

00:06:48.520 More than 31,000 barrels spewed into the air over several hours near the small town of Sartasia,

00:06:53.840 Mississippi in February of 2020. As the gas spread throughout the small town, residents fell ill and

00:07:01.040 emergency vehicles stalled. In all, 45 people had to recover in local hospitals, while another 200

00:07:07.160 evacuated. No one died. While the emergency ended over five years ago, it remains a case study in the

00:07:14.520 potential dangers of capturing carbon and storing it underground, including with the existing and

00:07:20.420 proposed CO2 networks in Alberta, researchers say. So, Danielle Smith, be careful what you do.

00:07:29.220 Back to the other story. The impending federal budget includes a climate competitiveness strategy

00:07:34.180 that Carney claims will introduce an investment-led plan to cut emissions while boosting growth.

00:07:39.860 Investment. Deficit. We need to make sure Canadians are getting value for their money. 0.89

00:07:45.880 And so far, the results don't show that. Now, Ali Akbari here is the person at the Fraser Institute.

00:07:53.960 Quote, I think it's important for governments to reflect on these findings and re-evaluate

00:07:58.340 spending initiatives and scale them back, given that they've generated so little benefit. The

00:08:03.940 Carney government will deliver its first budget on Tuesday. And beware the budget, folks,

00:08:08.340 because there's going to be a lot of investment deficits. And generally, when governments spend a

00:08:15.420 lot of money on stuff like this and pick winners and losers, you end up being the big loser.

00:08:21.540 Thanks for watching. If you like the video, please give it a thumbs up. Subscribe to the channel.

00:08:25.660 Ring the bell for notifications. I will see you in the next one. Beware the budget.

John Bolton - November 02, 2025

Green Jobs $cam- FEWER than a small town- COSTLIER than a moon landing

Episode Stats

Summary

Transcript