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Mark Carney’s ESG Budget: Canada Could Drop Oil and Gas Emissions Cap If Net Zero Markets Succeed — November 5, 2025

Posted on November 5, 2025 by RichInWriters

If ESG, Net Zero, and the Volunteer Carbon Market Work, Canada Could Eliminate Its Oil and Gas Emissions Cap, Mark Carney’s Budget Plan Says

You’re getting a glimpse into Mark Carney’s lack of understanding of the private sector. Every statement coming out of his cabinet sounds inflationary.

When you combine inflation, debt, and Carney’s ESG obsession—which makes it even harder to repay that debt—all signs point toward one outcome: the debasement of the Canadian dollar (the loonie).

Recently, Bank of Canada Governor Tiff Macklem subtly voiced disagreement with Carney’s agenda without saying it outright. Let’s be honest—if you have any economic common sense, you can only conclude one of two things:

  1. Either Mark Carney genuinely has no idea what he’s doing, or
  2. He’s overtly corrupt, making it easy for anyone to lose respect for him.

A Cabinet with Low Financial IQ

We’ve already seen Doug Ford and several members of the federal government quietly ignore Carney, speaking over him as if he’s not even in the room. And when you listen to some of the people in Carney’s cabinet—many of whom display extremely low financial literacy—you start to feel gaslit.

Honestly, it feels like listening to spiritual deception in real time. Sometimes I have to remind myself that these people might not be consciously evil—they’re simply ignorant.

But in the private sector, we don’t have the luxury of guessing who’s ignorant versus who’s corrupt. We look at the data and draw conclusions. And based on Carney’s budget, if he’s not intentionally enriching himself and his old firm Brookfield, then he’s dangerously uninformed. Either way, it’s bad leadership.

Doug Ford’s Calculated Distance

Carney spends a lot of time with Doug Ford, and I suspect Ford already understands who he’s dealing with. Now, I’m not saying Ford is the answer—but at least his responses are consistent and make sense in context.

Carney, on the other hand, operates consistently for Brookfield, not for Canadians. His policies reflect an alignment with corporate ESG investors, not everyday citizens.

If you abandon Christ, you end up worshipping something else—and often, without realizing it, you start serving Satan through greed or deception. That’s what’s happening to Canada’s leadership. There’s a spiritual cloud over this country, and it’s not Carney’s fault alone—it’s a voter problem. The public keeps choosing the same false gods of government control and globalist economics.

Carney’s Budget: Borrow, Spend, and Trap

In short, Mark Carney’s plan involves borrowing massive amounts of money and making repayment nearly impossible. The pattern is clear:

  • He spends heavily on “investments” that feed ESG initiatives and his own portfolio interests.
  • These so-called “green” investments depend on government subsidies to survive, just like the Feed-in Tariff solar model a decade ago.
  • The Volunteer Carbon Market (VCM) he promotes isn’t profitable on its own; it only functions with continuous taxpayer support.

That’s not sustainability—it’s financial dependency disguised as virtue.

The Budget’s Environmental Spin

According to the newly released budget, Canada could eliminate its oil and gas emissions cap—but only if other climate measures succeed.

“Canada could scrap a cap on oil and gas emissions if other measures—like effective carbon markets, stronger regulations, and carbon capture and storage technologies—prove successful,”
the government said in the document.

That means if Carney’s “green markets” somehow work, the cap would have “marginal value” and no longer be necessary.

Reuters reported that Canada has been negotiating with oil producers and Alberta’s government about dropping the cap entirely—if they can reduce emissions by other means.

The cap itself was never legislated and wasn’t set to take effect until 2030, but energy companies have condemned it for threatening production and profits.

Carney’s Contradictions

Carney, who’s trying to steer Canada through trade disputes with the U.S. and China, is already facing backlash from within his own party for backing away from the Liberals’ old environmental rhetoric while still pushing ESG-friendly spending.

His budget includes:

  • More tax credits for “clean” investments
  • Revised fuel regulations
  • Massive infrastructure spending to “modernize” Canada’s electrical grids — officials claim investments must triple to meet future demand
  • Plans to amend greenwashing legislation, which created uncertainty under Trudeau’s government

Critics on all sides are skeptical. Greenpeace strategist Keith Stewart scolded Carney for not doing enough for the environment, saying:

“When you’re the prime minister, you can make the rules and say, ‘You’re not allowed to keep developing fossil fuels.’ There are things governments can do that bankers can’t—and I don’t think he’s made that shift.”

The budget, meanwhile, wraps it all in moral language, calling the “transition to low-carbon energy” both an economic necessity and a moral obligation.

Spiritual Reflection

To the untrained eye, this looks like economic policy. But if you discern spiritually, you’ll see the deeper issue: pride, greed, and blindness.

When a nation leaves God behind, it becomes a slave to its own illusions—ESG, carbon markets, and “net zero” ideals become idols of a secular religion. These programs promise salvation through regulation but deliver only debt, dependency, and despair.

Consider making Jesus Christ your Lord and Savior today. Because only through Him can a nation reclaim clarity, purpose, and truth. Without Christ, leaders worship their own power—and drag their people into ruin.


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