EPISODE · Dec 5, 2025 · 30 MIN
Mark Carney: climate friend or foe?
from Front Burner
In 2015, as governor of the Bank of England, Mark Carney’s ‘Tragedy of the Horizons’ speech made waves in the global climate community. It was seen as a landmark call for the financial sector to recognize the costs of climate breakdown.But fast forward 10 years and a fierce debate is swirling around whether Carney is living up to that warning. Since becoming Prime Minister, he’s scrapped the consumer carbon tax, froze EV mandates and paved the way for a potential new pipeline to the B.C. coast.With a Trudeau-era environment minister resigning from Carney’s cabinet in protest, we’re asking the question: has Mark Carney betrayed the climate movement? Or is he playing a strategic long game that aims for an environmental win?Two writers from Canada’s National Observer, Ottawa Bureau Chief John Woodside and Calgary-based lead columnist Max Fawcett, join the show to take up that debate.For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts
What this episode covers
In 2015, as governor of the Bank of England, Mark Carney’s ‘Tragedy of the Horizons’ speech made waves in the global climate community. It was seen as a landmark call for the financial sector to recognize the costs of climate breakdown.But fast forward 10 years and a fierce debate is swirling around whether Carney is living up to that warning. Since becoming Prime Minister, he’s scrapped the consumer carbon tax, froze EV mandates and paved the way for a potential new pipeline to the B.C. coast.With a Trudeau-era environment minister resigning from Carney’s cabinet in protest, we’re asking the question: has Mark Carney betrayed the climate movement? Or is he playing a strategic long game that aims for an environmental win?Two writers from Canada’s National Observer, Ottawa Bureau Chief John Woodside and Calgary-based lead columnist Max Fawcett, join the show to take up that debate.For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts
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Mark Carney: climate friend or foe?
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