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this post was submitted on 04 Nov 2025
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A lot of this is through keeping and raising a carbon tax. That makes companies find the most efficient ways to reduce their footprints, rather than the government mandating it for each group. This is the approach favoured by most serious economists and think groups about reducing emissions quickly.
You can look at the "nation building" projects, which include a massive wind farm (green as hell) and a nuclear plant (fairly clean, significantly better than say, oil or gas.)
And it is the approach Carney favored in his book (which was written several years before he decided to run for office)
Not at all surprised to hear that! (The book is sitting on my shelf, unread and judging me.)