Economy
Abandoned Greenland ice base calls co2 concerns into question
Wired.com had another story with a climate change hook on July 20 called, “An Abandoned Arctic Military Base Just Spilled a Scientific Secret.” It began “During the Cold War, the US built a network of tunnels in the Greenland ice sheet. Sixty years later, the base has provided a critical clue about the climate crisis.”
From 1959 to 1966, Project Iceworm in Greenland was meant to establish military bases in caverns carved out of glacial ice, with Camp Century being the trial run. The plan was to locate as many as 600 intercontinental ballistic missiles in under-ice caverns, invisible to the Soviets, and within striking range of the USSR.
However, the project never did work out and it was terminated in 1966.
The climate angle comes out of what was discovered in remarkable ice core the military drilled through the glacier.
The Wired article said that researchers drilled a 4,550-foot-deep core through the ice sheet, and when they hit earth, they drilled another 12 feet, bringing up a plug of frozen sand, dirty ice, cobbles, and mud.
It continued, “Nobody cared much about the sediment, though, until 2018, when it was rediscovered in … a University of Copenhagen freezer.” Now, an international team of researchers has analyzed that sediment, and made a major scientific discovery.
“In that frozen sediment are leaf fossils and little bits of bugs and twigs and mosses that tell us in the past there was a tundra ecosystem living where today there’s almost a mile of ice,” says University of Vermont geoscientist Paul Bierman, coauthor of a new paper describing the finding in the journal Science. “The ice sheet is fragile. It can disappear, and it has disappeared. Now we have a date for that.”
Wired wrote, “Previously, scientists reckoned that Greenland iced over some 2.5 million years ago, and has been that way since. In 2021, Bierman and his colleagues determined that it was actually ice-free sometime in the past million years. Now, they’ve dated the tundra ecosystem captured in the Camp Century core to a mere 416,000 years ago—so northwestern Greenland couldn’t have been locked in ice then.”
And here’s where the mental gymnastics take place: Scientists also know that at that time, global temperatures were similar or slightly warmer than what they are today. However, back then, atmospheric concentrations of planet-warming carbon dioxide were about 280 parts per million, compared to today’s 422 parts per million—a number that continues to skyrocket.”
The article continued, “Because humans have so dramatically and rapidly warmed the climate, we’re exceeding the conditions that had previously led to the wide-scale melting of Greenland’s ice sheet and gave rise to the tundra ecosystem. “It’s a forewarning,” says Utah State University geoscientist Tammy Rittenour, a coauthor of the new paper. “This can happen under much lower CO2 conditions than our current state.”
Whoa, there, Nelly! You’re telling me that carbon dioxide levels were a full third less than they are today, and yet the northernmost portions of Greenland (the most likely to freeze) was tundra? Greenland did not have the better part of a mile of ice covering it when CO2 was well below the supposedly crucial threshold of 350 parts per million?
Indeed, the article goes on to say, “That melting [of all the Greenland ice] could be incredibly perilous. The new study finds that the Greenland ice melt 400,000 years ago caused at least 5 feet of sea level rise, but perhaps as much as 20 feet. “These findings raise additional concern that we could be coming perilously close to the threshold for collapse of the Greenland ice sheet and massive additional sea level rise of a meter or more,” says University of Pennsylvania climate scientist Michael Mann, who wasn’t involved in the research. Today, less than a foot of global sea level rise is already causing serious flooding and storm surge problems for coastal cities—and that’s without the potential for an additional 20 feet.”
Again, look at the claim: carbon dioxide levels were much lower, sea levels were much higher, and the Greenland ice sheet was much smaller.
This new evidence makes reasonable people wonder if there truly is a link between carbon dioxide levels, global warming, and disappearance of ice sheets. How could so much ice be gone, melted into the ocean, with such a low CO2 level?
Surely something here doesn’t jive. And yet the world is in a tizzy over rising carbon dioxide levels.
Maybe someone should go back to Greenland, and drill a few more core samples to test this theory before we destroy our economy and our lives.
Perhaps the science of climate change isn’t settled after all.
Brian Zinchuk is editor and owner of Pipeline Online, and occasional contributor to the Frontier Centre for Public Policy. He can be reached at [email protected]. First published here.
Business
Ottawa should stop using misleading debt measure to justify deficits
From the Fraser Institute
By Jake Fuss and Grady Munro
Based on the rhetoric, the Carney government’s first budget was a “transformative” new plan that will meet and overcome the “generational” challenges facing Canada. Of course, in reality this budget is nothing new, and delivers the same approach to fiscal and economic policy that has been tried and failed for the last decade.
First, let’s dispel the idea that the Carney government plans to manage its finances any differently than its predecessor. According to the budget, the Carney government plans to spend more, borrow more, and accumulate more debt than the Trudeau government had planned. Keep in mind, the Trudeau government was known for its recklessly high spending, borrowing and debt accumulation.
While the Carney government has tried to use different rhetoric and a new accounting framework to obscure this continued fiscal mismanagement, it’s also relied on an overused and misleading talking point about Canada’s debt as justification for higher spending and continued deficits. The talking point goes something like, “Canada has the lowest net debt-to-GDP ratio in the G7” and this “strong fiscal position” gives the government the “space” to spend more and run larger deficits.
Technically, the government is correct—Canada’s net debt (total debt minus financial assets) is the lowest among G7 countries (which include France, Germany, Italy, Japan, the United Kingdom and the United States) when measured as a share of the overall economy (GDP). The latest estimates put Canada’s net debt at 13 per cent of GDP, while net debt in the next lowest country (Germany) is 49 per cent of GDP.
But here’s the problem. This measure assumes Canada can use all of its financial assets to offset debt—which is not the case.
When economists measure Canada’s net debt, they include the assets of the Canada Pension Plan (CPP) and the Quebec Pension Plan (QPP), which were valued at a combined $890 billion as of mid-2025. But obviously Canada cannot use CPP and QPP assets to pay off government debt without compromising the benefits of current and future pensioners. And we’re one of the only industrialized countries where pension assets are accounted in such a way that it reduces net debt. Simply put, by falsely assuming CPP and QPP assets could pay off debt, Canada appears to have a stronger fiscal position than is actually the case.
A more accurate measure of Canada’s indebtedness is to look at the total level of debt.
Based on the latest estimates, Canada’s total debt (as a share of the economy) ranked 5th-highest among G7 countries at 113 per cent of GDP. That’s higher than the total debt burden in the U.K. (103 per cent) and Germany (64 per cent), and close behind France (117 per cent). And over the last decade Canada’s total debt burden has grown faster than any other G7 country, rising by 25 percentage points. Next closest, France, grew by 17 percentage points. Keep in mind, G7 countries are already among the most indebted, and continue to take on some of the most debt, in the industrialized world.
In other words, looking at Canada’s total debt burden reveals a much weaker fiscal position than the government claims, and one that will likely only get worse under the Carney government.
Prior to the budget, Prime Minister Mark Carney promised Canadians he will “always be straight about the challenges we face and the choices that we must make.” If he wants to keep that promise, his government must stop using a misleading measure of Canada’s indebtedness to justify high spending and persistent deficits.
Business
Bill Gates Gets Mugged By Reality

From the Daily Caller News Foundation
You’ve probably heard by now the blockbuster news that Microsoft founder Bill Gates, one of the richest people to ever walk the planet, has had a change of heart on climate change.
For several decades Gates poured billions of dollars into the climate industrial complex.
Some conservatives have sniffed that Bill Gates has shifted his position on climate change because he and Microsoft have invested heavily in energy intensive data centers.
AI and robotics will triple our electric power needs over the next 15 years. And you can’t get that from windmills.
What Bill Gates has done is courageous and praiseworthy. It’s not many people of his stature that will admit that they were wrong. Al Gore certainly hasn’t. My wife says I never do.
Although I’ve only once met Bill Gates, I’ve read his latest statements on global warming. He still endorses the need for communal action (which won’t work), but he has sensibly disassociated himself from the increasingly radical and economically destructive dictates from the green movement. For that, the left has tossed him out of their tent as a “traitor.”
I wish to highlight several critical insights that should be the starting point for constructive debate that every clear-minded thinker on either side of the issue should embrace.
(1) It’s time to put human welfare at the center of our climate policies. This includes improving agriculture and health in poor countries.
(2) Countries should be encouraged to grow their economies even if that means a reliance on fossil fuels like natural gas. Economic growth is essential to human progress.
(3) Although climate change will hurt poor people, for the vast majority of them it will not be the only or even the biggest threat to their lives and welfare. The biggest problems are poverty and disease.
I would add to these wise declarations two inconvenient truths: First: the solution to changing temperatures and weather patterns is technological progress. A far fewer percentage of people die of severe weather events today than 50 or 100 or 1,000 years ago.
Second, energy is the master resource and to deny people reliable and affordable energy is to keep them poor and vulnerable – and this is inhumane.
If Bill Gates were to start directing even a small fraction of his foundation funds to ensuring everyone on the planet has access to electric power and safe drinking water, it would do more for humanity than all of the hundreds of billions that governments and foundations have devoted to climate programs that have failed to change the globe’s temperature.
Stephen Moore is a co-founder of Unleash Prosperity and a former Trump senior economic advisor.
-
Business2 days agoCarney budget doubles down on Trudeau-era policies
-
COVID-192 days agoCrown still working to put Lich and Barber in jail
-
Business1 day agoCarney’s Deficit Numbers Deserve Scrutiny After Trudeau’s Forecasting Failures
-
Business2 days agoCarney budget continues misguided ‘Build Canada Homes’ approach
-
International1 day agoKazakhstan joins Abraham Accords, Trump says more nations lining up for peace
-
armed forces23 hours agoIt’s time for Canada to remember, the heroes of Kapyong
-
Automotive1 day agoElon Musk Poised To Become World’s First Trillionaire After Shareholder Vote
-
Energy1 day agoCanada Cannot Become an Energy Superpower With its Regulatory Impediments



