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Showing posts from January, 2026

Mark Carney speech in Davos 2026

Some random thoughts, and a copy of the text, from the Davos 2026 speech by the Canadian PM. Comments 1. Renewable energies become one dimension of reducing unhealthy dependencies, i.e. much more than "just" slowing down climate change or about cheaper and cleaner energy. The proponents of continued reliance on fossile energy ask us to replace dependency on Russia (widely accepted as a peacekeeping tool as long as suppliers and buyers agreed to keep the flow of natural gas going through all ups and downs of the cold war era and the decades since, but now much critizised with the cheap benefitnof hindsight after Russia went rogue all out in 2022) with dependency on the US who are half way to doing the same (maybe not irreversible, but clearly repeatable). And btw, going back to nuclear power as the most highly and long lived subsidy in human history is a red herring, not a game changer. 2. We need ways for what Carney calls the middle powers to come together - the EU as an obv...