Mark Carney, shill for fossil fuel oligarchs and Prime Minister of Canada (in that order)

The changes, proposed in Carney’s Nov. 4 budget, are meant to address what his government says is a “trend” of companies staying silent about their environmental efforts out of fears of running afoul of the law, according to a statement sent to The Narwhal from Innovation, Science and Economic Development Canada.

[…] But now, the government believes companies are “withholding information that could aid in attracting investment for green innovation,” a departmental spokesperson said. Carney’s budget claimed the anti-greenwashing law, brought in under former prime minister Justin Trudeau, was leading to “some parties slowing or reversing efforts to protect the environment.”

When asked by The Narwhal, the federal department couldn’t name any specific examples of companies slow-walking genuine environmental efforts as a result of last year’s legal changes — which deal specifically with marketing unsubstantiated green claims, and not environmental action itself.

The prime minister knows what bankers and money managers are like, and if he says they love greenwashing I guess he might be right. Give them what they want and they’ll be sure to reward us all with megatons of innovation.