Mark Carney
๐ค SpeakerAppearances Over Time
Podcast Appearances
We're dealing with this, which is why we need to act more broadly on the issue of climate. Through climate and everything else.
We're dealing with this, which is why we need to act more broadly on the issue of climate. Through climate and everything else.
Which one did they go with? Very decidedly the second. And what they have seen... is the number of these extreme events that they insure. Remember, they're pulling back insurance from, you know, you can't get insurance in many coastal areas in Florida. You can't get insurance, obviously, in Los Angeles.
Which one did they go with? Very decidedly the second. And what they have seen... is the number of these extreme events that they insure. Remember, they're pulling back insurance from, you know, you can't get insurance in many coastal areas in Florida. You can't get insurance, obviously, in Los Angeles.
So they've been pulling back and still, even with all that sophistication, the number of these extreme weather events that they insure have gone up three times and the cost of it has gone up five times. Right. So they are furiously backpedaling.
So they've been pulling back and still, even with all that sophistication, the number of these extreme weather events that they insure have gone up three times and the cost of it has gone up five times. Right. So they are furiously backpedaling.
Remind me to edit it later on. Two things. One, what the banks, and it's only the American banks, but what they decided to do. Right. Yeah. I didn't know there were other banks, but go ahead. Focus on financing.
Remind me to edit it later on. Two things. One, what the banks, and it's only the American banks, but what they decided to do. Right. Yeah. I didn't know there were other banks, but go ahead. Focus on financing.
But in terms of for Canada, you know, what we need to do is make sure that we're addressing these issues, doing our bit, making our companies more competitive, because you know what's going to happen in the United States? Five years from now, you're going to care about it again, right? You're going to have an election. You're going to care about it again.
But in terms of for Canada, you know, what we need to do is make sure that we're addressing these issues, doing our bit, making our companies more competitive, because you know what's going to happen in the United States? Five years from now, you're going to care about it again, right? You're going to have an election. You're going to care about it again.
And we better be in a position where we've done our bit at that point. But we need to do it in a way that Canadians today are not paying the price. Right.
And we better be in a position where we've done our bit at that point. But we need to do it in a way that Canadians today are not paying the price. Right.
So the vast majority of our emissions in Canada come from our industry. In fact, almost 30% of our emissions from Canada come from the production and shipment of oil to the United States.
So the vast majority of our emissions in Canada come from our industry. In fact, almost 30% of our emissions from Canada come from the production and shipment of oil to the United States.
You're welcome, yeah. So part of it is cleaning that up, getting those emissions down, more than changing in a very short period of time the way Canadians live.
You're welcome, yeah. So part of it is cleaning that up, getting those emissions down, more than changing in a very short period of time the way Canadians live.
Can I say one thing on that? Please. I want to defend, because this is a very important point. So if you look at our foreign minister, Melanie Jolie, our finance minister, Dominic LeBlanc, Steve McKinnon, who's our labor minister, they are not running. in part because there's a crisis right now because of the threat of the Trump tariffs.
Can I say one thing on that? Please. I want to defend, because this is a very important point. So if you look at our foreign minister, Melanie Jolie, our finance minister, Dominic LeBlanc, Steve McKinnon, who's our labor minister, they are not running. in part because there's a crisis right now because of the threat of the Trump tariffs.
So they're saying, I won't run because I want to focus on... Yeah, country before party and personal ambition, and it's absolutely... Right, right, right.
So they're saying, I won't run because I want to focus on... Yeah, country before party and personal ambition, and it's absolutely... Right, right, right.