John Bolton - March 18, 2025


Mark Carney's huge, ridiculous blunder - did you hear it？


Episode Stats


Length

7 minutes

Words per minute

167.04233

Word count

1,334

Sentence count

109


Summary

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

Mark Carney's carbon tax blunder and why it will kill the oil and gas industry in Canada. Also why he is willing to sacrifice trade with our biggest trading partner by a long shot. And why he doesn't even want to talk to Donald Trump.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 Hi, it's John and welcome to the channel. It is Tuesday, March the 18th, 524 a.m. with the big
00:00:05.740 blue mug of coffee. I've been out for a couple of hours. I shot a whole video and I'm not putting
00:00:10.900 it online because I thought there's a bigger story here and it's being missed by a lot of people.
00:00:17.380 I know I say that often, but this is incredible. And it never dawned on me until it was pretty
00:00:22.540 much done the other video. This is an issue that Pierre Polyev and the conservatives can grab a
00:00:28.540 hold of and use against Mark Carney. He made a huge blunder yesterday, huge. And it's in response
00:00:36.080 to Pierre Polyev saying this. Today I am announcing that a common sense Canada first conservative
00:00:43.220 government will repeal the entire carbon tax, including the federal backstop that requires
00:00:48.800 provinces impose industrial taxes. There will be no taxes on consumers, no taxes on Canadian
00:00:55.060 industries. So Polyev is going to get rid of the industrial carbon tax and this is Carney's baby.
00:01:01.180 This is the hill he will die on, folks. It's going to be a climate change type election.
00:01:06.060 So he's asked about this yesterday and he's hitched his wagon with the EU. And he explains why he's
00:01:14.060 hitched his wagon to the EU. But listen to what he says about the United States of America at the end
00:01:19.180 of this clip. It's jaw-droppingly ridiculous. And it's stunning that the man who wants to be the
00:01:26.120 full-time prime minister of this country would actually say it.
00:01:30.180 Guess what one of the requirements is to diversify trade to the European Union?
00:01:34.340 Guess what one of the requirements is to diversify trade to the United Kingdom?
00:01:37.880 Guess what one of the requirements will be to diversify trade to emerging Asia?
00:01:42.960 is to have a form of price on carbon. So we are able to think one step ahead. We're able to go out
00:01:50.920 and see the world. We're able to help Canadian companies prepare. And you know what's going to
00:01:55.400 happen five years, ten years from now, if I have the pleasure of being in front of you,
00:02:01.200 you'll be asking me the question, if we didn't do this, if we didn't help our companies get more
00:02:07.080 prepared, the Americans are going to start caring about this again. They have elections every
00:02:12.940 four years. The United States is going to start caring about this? They have elections every
00:02:18.140 four years? It's... My jaw dropped when I heard him say that. And nobody mentioned this anywhere
00:02:24.800 that I can see. I didn't see anybody posting this on X. It's possible it's out there. But from what I
00:02:30.240 can understand, this man is willing to sacrifice trade with our biggest trading partner by a long
00:02:38.320 shot for at least four years. Folks, if J.D. Vance gets elected in four years and then gets re-elected,
00:02:47.360 12 years down the road, the United States might start caring about this thing. And what does it mean
00:02:52.900 when the United States does not have an industrial carbon tax? It means anything that comes into our
00:02:58.040 country is taxed even more, which drives up prices for you. The amount of trade we do with the EU,
00:03:04.780 which Mark Carney wants to be affiliated with, is like this. The United States, it's huge.
00:03:09.860 And he's willing to give up on that for at least four years, if he becomes prime minister,
00:03:16.960 legitimately. And here's the thing, that's the long term. He doesn't even want to talk to Donald
00:03:22.640 Trump right now in the short term, because he's got hurt feelies.
00:03:27.060 Mark Carney is a dangerous man. He's not even willing to talk to Donald Trump because he's got
00:03:48.120 hurt feelings. And he doesn't want to talk to Donald Trump. He doesn't want the issue resolved.
00:03:53.200 I've said that all along because it helps him in the polls. If this industrial carbon tax
00:03:59.820 is in place in Canada, the country will fall apart. Said it yesterday. I've seen other people online over
00:04:07.760 the last 24 hours saying, who's the biggest threat to the country, Donald Trump or Mark Carney? Because
00:04:12.540 if the industrial carbon tax is in, it will decimate the oil and gas industry. It will decimate all the
00:04:19.340 big industries, steel, aluminum, and it will cost you more money. And Carney's scheme doesn't even make
00:04:27.260 sense. He can't even explain it. Watch this.
00:04:29.780 So our plan, and in fact, the regime that's in place in Canada, and a variant of this regime is
00:04:40.020 in place. There are some variants, as you know, Tonda, between the provinces. But a variant of this
00:04:45.320 linked to California is in place with Quebec and British Columbia is to have a form of price for the
00:04:53.300 largest on carbon, for the largest emitters, said differently, the largest polluters. Now,
00:04:59.780 what we are doing is changing that system or improving that system so that the price that's
00:05:09.820 paid can – and the price that's paid can be reduced by so-called carbon credits that are allocated.
00:05:16.680 We are adding additional ones. We will be adding additional ones that ensure that the polluters are
00:05:23.660 paying to – so that Canadians can receive support to reduce their own emissions.
00:05:29.220 So it's a more efficient system. It works better for the large polluters. It works better for Canadians.
00:05:35.260 It's a more efficient system. What the hell is he talking about?
00:05:39.260 I don't even think he knows what he's talking about here. Sounds rather convoluted to me. And here's the thing. That was yesterday. You'd think he'd have an answer prepared because he's been asked about this before.
00:05:49.300 The way the system works, it's large companies that are affected by the output-based pricing system. So small and medium-sized companies that have relatively low carbon footprints.
00:06:01.340 This also affects them. The carbon tax comes off them as well. Then they get a choice and we'll design the incentive system for them. They get a choice whether to reduce emissions and also benefit from these types of credits.
00:06:16.300 Mark Carney is an absolute joke. And Pierre Polyev should take that comment he made about the United States eventually getting in line with an industrial carbon tax and run with it.
00:06:28.300 He needs to explain to people, we'll eventually resolve this issue with the United States and Donald Trump and they're going to be our biggest trading partner. And Mark Carney is willing to wait it out for 12 years. Unbelievable. And here's the thing.
00:06:43.300 And here's the thing. Just as a final note. All of this pain and agony and spending and subsidies for climate change, what has it achieved? Absolutely nothing. It's the biggest business in the world. That's why Mark Carney got involved with it. He can make a lot of money on it.
00:06:58.300 That's probably why he's hiding his business investments. Because he's going to make money on this stuff. But it's achieved absolutely nothing. Trillions upon trillions of dollars and nothing gets better. Climate change just keeps getting worse.
00:07:13.300 You know, when government says they're going to spend money on something, say a building, I expect to see a building. If they say they're going to build an arena, I expect to see an arena. I expect to see some results. And I expect the government to tell me what the results are of my tax dollars. Yet there are never results with climate change. It gets worse all the time.
00:07:34.300 Has it done anything to change the temperature of the planet? Nothing. It's the biggest business in the world. It's the biggest grift in the world. And Mark Carney is right at the top of the heap when it comes to pushing the nonsense.
00:07:49.300 Thanks for watching. I do appreciate it. Please give me a thumbs up on this one. It helps out the channel. Subscribe. Let's get over 14,000. I'll ring the bell for notifications and I'll see you in the next one.