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FAIL! Mark Carney's Net Zero Banking Alliance Falls Apart · Radio Baloney - The Richie Baloney Show!

• 0:00
  Speaker 1: So Canada had a choice do something rational or make
• 0:04
  Speaker 1: literally the worst choice possible. Green Banking Alliance Carney helped
• 0:13
  Speaker 1: create PAUSES Activities holds vote on its future. So this
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  Speaker 1: will be extremely humiliating for Mark Carney because this is
• 0:21
  Speaker 1: his thing, this is his dream. His dream was to
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  Speaker 1: gather trillions of dollars and funnel it into his net
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  Speaker 1: zero boondoggle. And it's all falling apart. It was falling
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  Speaker 1: apart before he ran for Prime minister. Four Canadian banks
• 0:37
  Speaker 1: dropped out of it. I seriously suspect it's a big
• 0:42
  Speaker 1: reason that he ran, or maybe the major reason that
• 0:45
  Speaker 1: he ran to be Prime minister, that he wanted to
• 0:47
  Speaker 1: be Prime minister, is so that he could kind of
• 0:49
  Speaker 1: just try and jam it through at the last, just
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  Speaker 1: push it through, use Canada as a net zero laboratory.
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  Speaker 1: Several members, including Canada's major banks, left group after Trump's reelection.
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  Speaker 1: The whole thing's falling apart. Europe is no longer reliable
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  Speaker 1: for him on this front because well, the net zero
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  Speaker 1: that he's been championing has given them the highest electricity
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  Speaker 1: rates in the world and force their economies to shrink.
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  Speaker 1: He was the spirit, he is the un Climate Envoy,
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  Speaker 1: Finance Climate Envoy. It's him, It's on him. This was
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  Speaker 1: all his plan. The whole alliance is falling apart because
• 1:29
  Speaker 1: guess what, it wrecks countries. So Canada had a choice,
• 1:34
  Speaker 1: do something rational or make literally the worst choice possible.
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  Speaker 1: And you know how it went. You know exactly how
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  Speaker 1: it went. An international green banking alliance that Prime Minister
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  Speaker 1: Mark Carney helped establish is now suspending its activities and
• 1:50
  Speaker 1: holding a vote to determine its future, the Net Zero
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  Speaker 1: Banking Alliance. And this is you know, if you control
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  Speaker 1: the money, you control behavior, and that's what this was
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  Speaker 1: all about, forcing square pegs into round holes. Well it
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  Speaker 1: turns out it doesn't work, and next thing you know,
• 2:07
  Speaker 1: your economy is contracting and you're pore and you're talking
• 2:11
  Speaker 1: about IMF bailouts. The Net Zero Banking Alliance is the
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  Speaker 1: Industry is the industry led banking element of the Glasgow
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  Speaker 1: Financial Alliance for Net Zero that's g FANS that was
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  Speaker 1: created when Carne was the UN Special Envoy on Climate
• 2:28
  Speaker 1: Action and Finance. The NZBA is a global alliance of
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  Speaker 1: banks that has worked to help financial institutions make green
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  Speaker 1: investments that will help the transition to a net zero
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  Speaker 1: society and mitigate the impacts of climate change. None of it.
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  Speaker 1: And there's certainly nothing that Carnee can do, no matter
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  Speaker 1: how much of Canada's money he extracts and wastes to
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  Speaker 1: turn Canada into his net zero laboratory. There is not
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  Speaker 1: one thing he can do to change global climate one bit,
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  Speaker 1: a millionth of a percent. There is nothing. Canada could
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  Speaker 1: disappear off the face. It could just be gone. Everybody
• 3:07
  Speaker 1: could wake up tomorrow and Canada just doesn't exist at
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  Speaker 1: just forest and it will not change global climate one bit.
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  Speaker 1: So the whole thing is a giant boondoggle, and it's
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  Speaker 1: simply a way of funneling money into places where people
• 3:20
  Speaker 1: like Mark Kearney wanted to go. Canada's five largest banks,
• 3:24
  Speaker 1: I thought it was only four. Canada's five largest banks
• 3:27
  Speaker 1: all dropped out of the Alliance in January. So this
• 3:31
  Speaker 1: is probably actually bad news for Canada because it will
• 3:35
  Speaker 1: make Carney more determined to turn Canada into a net
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  Speaker 1: zero laboratory and to try and salvage something of this,
• 3:43
  Speaker 1: because it must be deeply humiliating for him to have
• 3:47
  Speaker 1: this off. This is really his his life's work, right,
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  Speaker 1: putting this together. So it's from Matt Strauss. Mark Kearney
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  Speaker 1: spent the five years before becoming PM leading the Democratic
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  Speaker 1: Net zero Banking Alliance meant to defund Canadian industries, effectively
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  Speaker 1: impoverishing Canadians so forcing behavior. Today that project has collapsed,
• 4:12
  Speaker 1: thank goodness. Talk about failing upwards. Well, Mark Kearney, i think,
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  Speaker 1: is one of those guys who got into that stream
• 4:21
  Speaker 1: of people, Elita's stream where he went to the right
• 4:24
  Speaker 1: school and then he had the right ideas and he
• 4:27
  Speaker 1: schmoothed the right people and you can just never fail
• 4:31
  Speaker 1: after that. I mean, look, his tenure as Governor of
• 4:35
  Speaker 1: the Bank of England was a disaster, right, you can
• 4:38
  Speaker 1: look up the articles from the UK yourself and there's
• 4:40
  Speaker 1: a million of them. It was disastrous. He printed too
• 4:43
  Speaker 1: much money. He pushed the net zero relentlessly there, which
• 4:48
  Speaker 1: has given them extremely high energy costs. Pensioners can't afford
• 4:53
  Speaker 1: to heat their homes in the wintertime because of Mark Kearney.
• 4:58
  Speaker 1: Let's see Chairman Jordan Subpoenas as you sew and g
• 5:03
  Speaker 1: fans Glasgow Financial Alliance for net zero. Jeez, that's Mark
• 5:08
  Speaker 1: Carney's thing. In a ESG investigation let's see potential violations
• 5:13
  Speaker 1: of existing antitrust laws through collusive agreements to promote and
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  Speaker 1: adopt left wing environmental, social and governance goals ESG goals?
• 5:24
  Speaker 1: What else we got here? House Republicans have investigated g Fans,
• 5:30
  Speaker 1: specifically focusing on its g Fans initiative, net zero Banking
• 5:34
  Speaker 1: Alliance and its relationship with guests who Chinese organizations. Chinese organizations.
• 5:42
  Speaker 1: You know that place that has even worse tariffs on
• 5:46
  Speaker 1: Canada than the US. But the media doesn't seem interested
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  Speaker 1: at all for some reason, and that keeps being busted
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  Speaker 1: helping liberals get elected like Mark Carney, and it's just
• 5:55
  Speaker 1: no big deal. Yeah, that place express expressing concerns that
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  Speaker 1: the alliance was working to influence US climate policy in
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  Speaker 1: ways that could benefit China's economy. Canada is a joke
• 6:07
  Speaker 1: at this point, House. I mean, the States is picking
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  Speaker 1: up on this and doing something about it. Canada elects
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  Speaker 1: the guy running at Prime Minister. That's why I say
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  Speaker 1: Canada is a joke at this point. House Committee Chair
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  Speaker 1: since a letter in January twenty twenty four to the
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  Speaker 1: Energy Foundation citing reports that the foundation's China branch had
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  Speaker 1: provided grants to US climate advocacy groups. You can't be
• 6:31
  Speaker 1: having that, you just can't. Sorry. I think Mark Kearney
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  Speaker 1: could feel his net zero is his, you know, the
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  Speaker 1: his crowning achievement, his net zero crowning achievement. I think
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  Speaker 1: he could feel it crumbling away in his hands. That's
• 6:47
  Speaker 1: what he wanted to be Prime Minister, so he would
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  Speaker 1: have the power to try and still ram this stuff through,
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  Speaker 1: no matter the cost to Canadians or how much it
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  Speaker 1: wrecks the country. And yeah, I think it's going to
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  Speaker 1: be even worse now anyway. That's all I'm gonna say
• 7:02
  Speaker 1: about that. Please like, share, and subscribe. Subscribing really helps
• 7:06
  Speaker 1: me out. I thank you for that. I will see
• 7:08
  Speaker 1: you next time.