Can Carney transform Canada from climate laggard to leader?

Zero: The Climate Race

Bloomberg

Technology, Business, Science

4.7 • 219 Ratings

🗓️ 1 May 2025

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week, Canadians elected Mark Carney, leader of the Liberal party, to be their prime minister. Carney is a newcomer to politics, but is well known in international finance and climate circles, running both the Bank of Canada and the Bank of England, and founding the Glasgow Financial Alliance for Net Zero (GFANZ). Canada is far from reaching its legally mandated goal to achieve net zero by 2050, and has one of the highest emissions per capita of anywhere in the world. Now Carney has been elected, can he translate his international climate leadership into domestic policy, or will climate fall by the wayside as he fortifies Canada against a trade war with the US?

Explore further:

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to: Sommer Saadi, Mohsis Andam and Siobhan Wagner. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0	Is this a negotiation or the new rules at a game?
0:02.6	It could be either.
0:03.6	It is up to the president how he wants to negotiate.
0:06.5	A deal is going to be made with China.
0:08.2	Nothing's over yet.
0:09.2	There's been a lot of confusion up to now.
0:11.0	A 90-day pause is not an eradication.
0:13.6	Where is this leading to?
0:14.9	Trust Bloomberg Television for all the context and clarity you need as the tariff and global economy story evolves.
0:21.3	This year's bear case very quickly becoming the base case.
0:24.5	Nobody covers tariffs like Bloomberg Television.
0:27.8	Context changes everything.
0:30.3	Welcome to Zero. I am Akshutrati.
0:33.1	This week, Carnie's Climate Carnival.
0:48.3	Thank you. This week, Karni's Climate Carnival. Over the last few months, there's been a big question hanging over Canada.
0:52.3	Who will be its next prime minister?
0:55.6	Would the country move closer to its southern neighbor?
0:58.3	Or would it rebuke the bellicose U.S. president who seems determined to make Canada the 51st state?
1:05.2	Look, I called him Governor Trudeau because they should be in the 51st state, really.
1:09.9	It would make a great state. And the people of Canada like it. This week, we got the answer. Canada went to the polls
1:16.5	and elected Mark Carney as Prime Minister.
1:18.9	I have a question. Who's ready? Who's ready?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.