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Economy

FORCE, FORCE, FORCE! – The Green Army Will Keep Pushing Unrealistic Energy Transition in 2025 Despite “Reality”

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From EnergyNow.ca

By Irina Slav

The facts behind energy transition are so staggeringly counter to common sense that the only way to achieve them is by force, and the only path ahead is failure.

I was going to wrap this eventful year with a nice little post of gratitude  but, as usual, the news flow has forced me to revise my plans. So much has happened in the last week days failing to report on it would be a real shame. You may want to put down the hot beverage or, then again, not put it down, you’re the master of you.

A few years ago, during some election campaign or other — we’ve had so many it’s hard to keep track — one of the most popular parties in Bulgaria chose as its slogan “Work, work, work!” Naturally, the slogan became the butt of many jokes almost immediately.

More recently, we were graced with the “Fight! Fight! Fight!” adage from the Trump campaign that was nowhere near as amusing. It also worked. Meanwhile, the transition army is moving fast towards a “Force! Force! Force!” stage in its efforts to keep the green ball rolling.

Consider the latest gem from the International Energy Agency, out this week. The press release for the report was headlined Global coal demand is set to plateau through 2027, with the subheader summary stating that “New IEA report finds that strong deployment of renewables is set to curb growth in coal use even as electricity demand surges, with China – the world’s biggest coal consumer – remaining pivotal.”

What the report actually admitted, however, was that coal supply and demand hit an all-time high this year, they are both likely to scale new highs next year and keep going in that direction until at least 2027. The way things are going with the transition, coal will probably continue growing beyond 2027 as well because much as Fatih and the Transitionettes want it to die, they can’t tell China and India what to do — or anyone else, really, when push comes to shove.

Push appears to have come to shove in Canada already, with the federal government suddenly deciding to walk back its plan for a net-zero grid by 2035. Now, it will be aiming for a net-zero grid by 2050, which is what is going to be happening elsewhere as well —except perhaps in the UK, where everyone’s gone truly insane but more on that later.

So, Canada last week released something called Clean Electricity Regulations that originally, I gather, were supposed to outline plans to remove hydrocarbons from its already pretty green grid by 2035. The provinces, however, objected. And they must have objected strongly enough for an ounce of sanity to crawl into the regulations. Resource minister Jonathan Wilkinson of “We are not interested in investing in LNG facilities” fame called it “flexibility”. Whatever works to make one feel good, I guess.

Here’s a fun fact: the new Clean Electricity Regulations with the revised target come out literally days after the Trudeau government pumped up its emission cut plan, aiming for cuts of 45-50% from 2005 by 2035. All it took was six days and the start of what might end up being complete government meltdown to reconsider that deadline and delay it by 15 years. But stranger things have happened and some are happening right now, one of them at the U.S. Department of Energy.

The regulator of the department, Inspector General Teri Donaldson said in an interim report that the loan office of the DoE should stop giving out loans to green project developers on suspicion of conflicts of interest, or, as Reuters put it, “contractors who vet them may be serving both the agency and potential borrowers.”

From Donaldson’s report: “The projects funded with this authority, which involve innovations in clean energy, advanced transportation, and tribal energy are inherently risky in part because these projects may have struggled to secure funding from traditional sources such as commercial banks and private equity investors.”

Yet these same projects got DoE funding, which naturally raises the question of whether this funding success was at least in part related to the department’s failure to ensure everyone involved in the process was impartial and driven exclusively by professional motives, and I cannot believe I managed to put this stinky situation so delicately.

Anyway, the DoE has struck back immediately, saying the report was full of errors, and accusing Donaldson of “fundamentally misunderstanding” the “implementation of contracting in the Loan Programs Office.” Yeah, that must be it. That’s why she was appointed Inspector General of the department — but by the Trump administration so it doesn’t count.

All of this, however, is pretty weak beer compared to what’s been happening in Europe. VW is not yet bankrupt and the lights are still on in Germany, for the time being, but in the UK, the government has apparently found a way to grow money on trees because the grid operators of the three constituent parts of the UK’s bigger island are planning to spend 77.4 billion pounds on grid upgrades with a view to accommodating more wind and solar into said grid.

The upgrade is a must if Labour’s 2030 decarbonization plan is to have a fighting chance even though the outcome of that fight is already clear and it rhymes with beet, feet, and meat. The money is to be spent between 2026 and 2031, which means that the money trees take two years to start bearing fruit.

Yet here is my concern: with every other form of plant life susceptible to the devastatingly catastrophic effects of climate change, who is to guarantee that the money trees will be spared the devastating catastrophe? No one, that’s who. The UK may fail to accomplish its task of decarbonizing the country’s grid because of the very climate change it wants to neutralize with that decarbonization, and how cruel of an irony is that? Very, is the answer.

Usually, the UK government is difficult to rival in insanity and anti-intelligence but this week we have a serious contender and it’s not Germany’s government. It’s Big Oil and the heavy industry. That’s right. Europe’s energy and heavy industries have been driven to insanity by the climate crusade army although I’d stop short of painting them as innocent victims.

They could have said something. They should’ve said something. And they should’ve said it loud and clear. But they didn’t, so now Big Oil and Big Heavy Industry are asking the EU to force — that’s right, force — consumers to buy their transition cost-loaded products. Because there is no other way of selling those products.

““We will need to focus on demand creation to achieve new investment prospects,” executives from the two sectors said in a letter to Wopke Hoekstra, EU climate commissioner, warning of an “industrial exodus” without intervention,” the FT reported this week.

It also reported that “companies trying to invest in production methods that may result in lower carbon emissions are “pricing themselves out of the market” due to high costs, and authorities need to step in to create demand for their products.” I think this is beautiful, in the same way that an orca catching its pray is beautiful, that is, in a rather terminal way.

I don’t normally like to brag about being right about things, not least because it’s invariably bad things I’m right about, so it is with a sigh of frustration and some boredom that I have to note I have been saying this for two years now — and of course I haven’t been the only one, far from it. The only way for the energy transition to work is through force, and a lot of it. The only way for the transition to work is to eliminate all alternatives to the Chosen Tech, and for some reason Big Oil and the heavy industry seem to believe this is a constructive approach to life, the universe and everything.

What I find most interesting in this situation is the fact that it is extremely easy to find evidence the forceful approach tends to result in outcomes that are the exact opposite of the intended ones. History is full of such evidence. Yet it appears the most essential industries for modern civilization have taken the green “It will work this time” pill and are eagerly digesting it. Which means two things we already knew: one, the transition is doomed as it has been from the start; and two, Europe’s going down unless it uses a fast-closing window to come to its senses. We all know it won’t — unless it’s forced to. Work, work, work, force, force, force, fight, fight, fight.

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Alberta

Alberta’s grand bargain with Canada includes a new pipeline to Prince Rupert

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From Resource Now

By

Alberta renews call for West Coast oil pipeline amid shifting federal, geopolitical dynamics.

Just six months ago, talk of resurrecting some version of the Northern Gateway pipeline would have been unthinkable. But with the election of Donald Trump in the U.S. and Mark Carney in Canada, it’s now thinkable.

In fact, Alberta Premier Danielle Smith seems to be making Northern Gateway 2.0 a top priority and a condition for Alberta staying within the Canadian confederation and supporting Mark Carney’s vision of making Canada an Energy superpower. Thanks to Donald Trump threatening Canadian sovereignty and its economy, there has been a noticeable zeitgeist shift in Canada. There is growing support for the idea of leveraging Canada’s natural resources and diversifying export markets to make it less vulnerable to an unpredictable southern neighbour.

“I think the world has changed dramatically since Donald Trump got elected in November,” Smith said at a keynote address Wednesday at the Global Energy Show Canada in Calgary. “I think that’s changed the national conversation.” Smith said she has been encouraged by the tack Carney has taken since being elected Prime Minister, and hopes to see real action from Ottawa in the coming months to address what Smith said is serious encumbrances to Alberta’s oil sector, including Bill C-69, an oil and gas emissions cap and a West Coast tanker oil ban. “I’m going to give him some time to work with us and I’m going to be optimistic,” Smith said. Removing the West Coast moratorium on oil tankers would be the first step needed to building a new oil pipeline line from Alberta to Prince Rupert. “We cannot build a pipeline to the west coast if there is a tanker ban,” Smith said. The next step would be getting First Nations on board. “Indigenous peoples have been shut out of the energy economy for generations, and we are now putting them at the heart of it,” Smith said.

Alberta currently produces about 4.3 million barrels of oil per day. Had the Northern Gateway, Keystone XL and Energy East pipelines been built, Alberta could now be producing and exporting an additional 2.5 million barrels of oil per day. The original Northern Gateway Pipeline — killed outright by the Justin Trudeau government — would have terminated in Kitimat. Smith is now talking about a pipeline that would terminate in Prince Rupert. This may obviate some of the concerns that Kitimat posed with oil tankers negotiating Douglas Channel, and their potential impacts on the marine environment.

One of the biggest hurdles to a pipeline to Prince Rupert may be B.C. Premier David Eby. The B.C. NDP government has a history of opposing oil pipelines with tooth and nail. Asked in a fireside chat by Peter Mansbridge how she would get around the B.C. problem, Smith confidently said: “I’ll convince David Eby.”

“I’m sensitive to the issues that were raised before,” she added. One of those concerns was emissions. But the Alberta government and oil industry has struck a grand bargain with Ottawa: pipelines for emissions abatement through carbon capture and storage.

The industry and government propose multi-billion investments in CCUS. The Pathways Alliance project alone represents an investment of $10 to $20 billion. Smith noted that there is no economic value in pumping CO2 underground. It only becomes economically viable if the tradeoff is greater production and export capacity for Alberta oil. “If you couple it with a million-barrel-per-day pipeline, well that allows you $20 billion worth of revenue year after year,” she said. “All of a sudden a $20 billion cost to have to decarbonize, it looks a lot more attractive when you have a new source of revenue.” When asked about the Prince Rupert pipeline proposal, Eby has responded that there is currently no proponent, and that it is therefore a bridge to cross when there is actually a proposal. “I think what I’ve heard Premier Eby say is that there is no project and no proponent,” Smith said. “Well, that’s my job. There will be soon.  “We’re working very hard on being able to get industry players to realize this time may be different.” “We’re working on getting a proponent and route.”

At a number of sessions during the conference, Mansbridge has repeatedly asked speakers about the Alberta secession movement, and whether it might scare off investment capital. Alberta has been using the threat of secession as a threat if Ottawa does not address some of the province’s long-standing grievances. Smith said she hopes Carney takes it seriously. “I hope the prime minister doesn’t want to test it,” Smith said during a scrum with reporters. “I take it seriously. I have never seen separatist sentiment be as high as it is now. “I’ve also seen it dissipate when Ottawa addresses the concerns Alberta has.” She added that, if Carney wants a true nation-building project to fast-track, she can’t think of a better one than a new West Coast pipeline. “I can’t imagine that there will be another project on the national list that will generate as much revenue, as much GDP, as many high paying jobs as a bitumen pipeline to the coast.”

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Business

Carney’s European pivot could quietly reshape Canada’s sovereignty

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This article supplied by Troy Media.

Troy Media By Isidoros Karderinis

Canadians must consider how closer EU ties could erode national control and economic sovereignty

As Prime Minister Mark Carney attempts to deepen Canada’s relationship with the European Union and other supranational institutions, Canadians should be asking a hard question: how much of our national independence are we prepared to give away? If you want a glimpse of what happens when a country loses control over its currency, trade and democratic accountability, you need only look to Bulgaria.

On June 8, 2025, thousands of Bulgarians took to the streets in front of the country’s National Bank. Their message was clear: they want to keep the lev and stop the forced adoption of the euro, scheduled for Jan. 1, 2026.

Bulgaria, a southeastern European country and EU member since 2007, is preparing to join the eurozone—a bloc of 20 countries that share the euro as a common currency. The move would bind Bulgaria to the economic decisions of the European Central Bank, replacing its national currency with one managed from Brussels and Frankfurt.

The protest movement is a vivid example of the tensions that arise when national identity collides with centralized policy-making. It was organized by Vazrazdane, a nationalist, eurosceptic political party that has gained support by opposing what it sees as the erosion of Bulgarian sovereignty through European integration. Similar demonstrations took place in cities across the country.

At the heart of the unrest is a call for democratic accountability. Vazrazdane leader Konstantin Kostadinov appealed directly to EU leaders, arguing that Bulgarians should not be forced into the eurozone without a public vote. He noted that in Italy, referendums on the euro were allowed with support from less than one per cent of citizens, while in Bulgaria, more than 10 per cent calling for a referendum have been ignored.

Protesters warned that abandoning the lev without a public vote would amount to a betrayal of democracy. “If there is no lev, there is no Bulgaria,” some chanted. For them, the lev is not just a currency: it is a symbol of national independence.

Their fears are not unfounded. Across the eurozone, several countries have experienced higher prices and reduced purchasing power after adopting the euro. The loss of domestic control over monetary policy has led to economic decisions being dictated from afar. Inflation, declining living standards and external dependency are real concerns.

Canada is not Bulgaria. But it is not immune to the same dynamics. Through trade agreements, regulatory convergence and global commitments, Canada has already surrendered meaningful control over its economy and borders. Canadians rarely debate these trade-offs publicly, and almost never vote on them directly.

Carney, a former central banker with deep ties to global finance, has made clear his intention to align more closely with the European Union on economic and security matters. While partnership is not inherently wrong, it must come with strong democratic oversight. Canadians should not allow fundamental shifts in sovereignty to be handed off quietly to international bodies or technocratic elites.

What’s happening in Bulgaria is not just about the euro—it’s about a people demanding the right to chart their own course. Canadians should take note. Sovereignty is not lost in one dramatic act. It erodes incrementally: through treaties we don’t read, agreements we don’t question, and decisions made without our consent.

If democracy and national control still matter to Canadians, they would do well to pay attention.

Isidoros Karderinis was born in Athens, Greece. He is a journalist, foreign press correspondent, economist, novelist and poet. He is accredited by the Greek Ministry of Foreign Affairs as a foreign press correspondent and has built a distinguished career in journalism and literature.

Troy Media empowers Canadian community news outlets by providing independent, insightful analysis and commentary. Our mission is to support local media in helping Canadians stay informed and engaged by delivering reliable content that strengthens community connections and deepens understanding across the country.

 

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