Fact Check: Are nuts seeds?

Fact Check: Are nuts seeds?

Published May 9, 2025
by TruthOrFake
±
VERDICT
Partially True

# Are Nuts Seeds? The claim "Are nuts seeds?" raises a fundamental question about the classification of these commonly consumed foods. While many peo...

Are Nuts Seeds?

The claim "Are nuts seeds?" raises a fundamental question about the classification of these commonly consumed foods. While many people use the terms "nuts" and "seeds" interchangeably in culinary contexts, the botanical definitions diverge significantly. This article will explore the distinctions and overlaps between nuts and seeds, drawing from various sources to provide a comprehensive understanding of the topic.

What We Know

  1. Botanical Definitions: According to botanical definitions, a true nut is a specific type of fruit that has a hard shell and does not split open to release its seed. Examples include chestnuts, hazelnuts, and acorns 27. In contrast, many foods commonly referred to as nuts, such as peanuts and almonds, do not meet this strict definition. Peanuts are classified as legumes, while almonds are technically seeds of the drupe fruit 357.

  2. Culinary vs. Botanical Usage: In culinary terms, the classification of nuts is broader. Many dry seeds are labeled as nuts for their culinary uses, even if they do not fit the botanical criteria 23. For instance, cashews and Brazil nuts are often included in the nut category despite being seeds 45.

  3. Examples of True Nuts and Seeds: True nuts include walnuts, pecans, and hazelnuts. Conversely, seeds that are often mistaken for nuts include sunflower seeds, chia seeds, and pumpkin seeds 458. The distinction can be confusing, as some seeds, like Brazil nuts, are large enough to be commonly referred to as nuts.

  4. Cultural and Nutritional Importance: Nuts and seeds are valued for their nutritional benefits, including healthy fats, proteins, and vitamins. They play significant roles in various diets worldwide 13.

Analysis

The sources consulted provide a mix of botanical definitions and culinary perspectives, which is essential for understanding the complexity of the claim.

  • Source Reliability: The U.S. Forest Service 1 offers a credible overview of nuts from an ethnobotanical perspective, emphasizing the cultural significance of pine nuts. However, it does not delve deeply into the botanical definitions, which is crucial for a complete understanding.

  • Wikipedia 2 serves as a general reference but may lack the rigor of peer-reviewed sources. While it provides a broad overview, the potential for bias and inaccuracies in user-generated content should be considered.

  • Fordietitians 3 and MasterClass 4 provide clear distinctions between nuts and seeds, but they are both educational platforms that may have a vested interest in promoting healthy eating habits, which could introduce bias.

  • Live Science 7 is a reputable science news outlet that explains the botanical criteria for nuts, making it a reliable source for understanding the technical definitions.

  • Woodland Trust 56 offers a straightforward comparison but is primarily an environmental organization, which may influence its focus on the ecological aspects of nuts and seeds rather than purely botanical definitions.

  • Piedmont Master Gardeners 8 provides a detailed explanation of the differences between various plant classifications, making it a useful resource for those seeking to understand the nuances of plant biology.

The varying definitions and classifications highlight the complexity of the claim. While many sources agree on the botanical definitions, the culinary usage complicates the discussion.

Conclusion

Verdict: Partially True

The claim that "nuts are seeds" is partially true, as it acknowledges the overlap between the two categories. Botanically, true nuts are a specific type of fruit, while many foods commonly referred to as nuts, such as peanuts and almonds, do not fit this definition and are classified differently. However, in culinary contexts, the terms are often used interchangeably, leading to confusion.

The evidence indicates that while there are clear botanical distinctions, the culinary usage is broader and more inclusive. This duality is essential for understanding the classification of these foods.

It is important to note that the definitions can vary significantly based on context, and the sources consulted reflect a range of perspectives, which may introduce biases or incomplete information. Therefore, readers should approach this topic with a critical mindset and consider the nuances involved in the classification of nuts and seeds.

As always, it is advisable to evaluate information critically and consult multiple sources to gain a well-rounded understanding of complex topics like this one.

Sources

  1. U.S. Forest Service. "Nuts." https://www.fs.usda.gov/wildflowers/ethnobotany/food/nuts.shtml
  2. Wikipedia. "Nut (fruit)." https://en.wikipedia.org/wiki/Nut_(fruit)
  3. Fordietitians. "Understanding the Difference Between Grains, Nuts, and Seeds." https://fordietitians.com/understanding-the-difference-between-grains-nuts-and-seeds/
  4. MasterClass. "Difference Between Nuts and Seeds: 5 Types of Nuts." https://www.masterclass.com/articles/difference-between-nut-and-seed
  5. Woodland Trust. "Difference between nuts and seeds." https://www.woodlandtrust.org.uk/blog/2019/08/difference-between-nuts-and-seeds/
  6. Woodland Trust. "Difference between nuts and seeds." https://www.woodlandtrust.org.uk/blog/2019/08/difference-between-nuts-and-seeds/#:~:text=The%20botanical%20definition%20of%20a,range%20of%20edible%20plant%20parts.
  7. Live Science. "Why aren't peanuts, pecans and almonds real nuts?" https://www.livescience.com/what-are-nuts.html
  8. Piedmont Master Gardeners. "The Differences Between Drupes, Berries, Nuts and More Explained." https://piedmontmastergardeners.org/article/the-differences-between-drupes-berries-nuts-and-more-explained/
  9. ISBE. "Nuts and Seeds." https://www.isbe.net/CTEDocuments/FCS-700053.pdf
  10. All Difference. "What's the difference between a nut and a seed?" https://www.alldifference.com/whats-the-difference-between-a-nut-and-a-seed/

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Fact Check: By quarterbacking Israel’s attack on Iran, Trump brought an end to a particularly demoralizing era in U.S. history The main reason Israel’s massive attack on Iranian leadership, nuclear facilities, and other targets came as a surprise is that no one believes American presidents when they talk about protecting Americans and advancing our interests—especially when they’re talking about the Islamic Republic of Iran. Ever since the 1979 Iranian Revolution, U.S. presidents have wanted an accommodation with Iran—not revenge for holding 52 Americans captive for 444 days, but comity. Ronald Reagan told Soviet leader Mikhail Gorbachev to tear down the Berlin Wall, but when the Iranians’ Lebanese ally Hezbollah killed 17 Americans at the U.S. embassy in Beirut and 241 at the Marine barracks in 1983, he flinched. Bill Clinton wanted a deal with Iran so badly, he helped hide the Iranians’ sponsorship of the group that killed 19 airmen at Khobar Towers in 1996. George W. Bush turned a blind eye to Tehran’s depredations as Shia militias backed by Iran killed hundreds of U.S. troops in Iraq, while Iran’s Syrian ally Bashar al-Assad chartered buses to transport Sunni fighters from the Damascus airport to the Iraqi border, where they joined the hunt for Americans. Barack Obama’s signature foreign policy initiative was the Iran nuclear deal—designed not, as he promised, to stop Tehran’s nuclear weapons program, but to legalize it and protect it under the umbrella of an international agreement, backed by the United States. That all changed with Donald Trump. At last, an American president kept his word. He was very clear about it even before his second term started: Iran can’t have a bomb. Trump wanted it to go peacefully, but he warned that if the Iranians didn’t agree to dismantle their program entirely, they’d be bombed. Maybe Israel would do it, maybe the United States, maybe both, but in any case, they’d be bombed. Trump gave them 60 days to decide, and on day 61, Israel unleashed Operation Rising Lion. Until this morning, when Trump posted on Truth Social to take credit for the raid, there was some confusion about the administration’s involvement. As the operation began, Secretary of State Marco Rubio released a statement claiming that it was solely an Israeli show without any American participation. But even if details about intelligence sharing and other aspects of Israeli-U.S. coordination were hazy, the statement was obviously misleading: The entire operation was keyed to Trump. Without him, the attack wouldn’t have happened as it did, or maybe not at all. Trump spent two months neutralizing the Iranians without them realizing he was drawing them into the briar patch. Iranian diplomats pride themselves on their negotiating skills. Generations of U.S. diplomats have marveled at the Iranians’ ability to wipe the floor with them: It’s a cultural thing—ever try to bargain with a carpet merchant in Tehran? And Trump also praised them repeatedly for their talents—very good negotiators! The Iranians were in their sweet spot and must have imagined they could negotiate until Trump gave in to their demands or left office. But Trump was the trickster. He tied them down for two months, time that he gave to the Israelis to make sure they had everything in order. There’s already lots of talk about Trump’s deception campaign, and in the days and weeks to come, we’ll have more insight into which statements were real and which were faked and which journalists were used, without them knowing it, to print fake news to ensure the operation’s success. One Tablet colleague says it’s the most impressive operational feint since the Normandy invasion. Maybe even more impressive. A few weeks ago, a colleague told me of a brief conversation with a very senior Israeli official who said that Jerusalem and Washington see eye to eye on Gaza and left it at that. As my colleague saw it, and was meant to see it, this was not good news insofar as it suggested a big gap between the two powers on Iran. The deception campaign was so tight, it meant misleading friends casually. It’s now clear that the insanely dense communications environment—including foreign actors like the Iranians themselves, anti-Bibi Israeli journalists, the Gulf states, and the Europeans—served the purpose of the deception campaign. But most significant was the domestic component. Did the Iranians believe reports that the pro-Israel camp was losing influence with Trump and that the “restraintists” were on the rise? Did Iran lobbyist Trita Parsi tell officials in Tehran that his colleagues from the Quincy Institute and other Koch-funded policy experts who were working in the administration had it in the bag? Don’t worry about the neocons—my guys are steering things in a good way. It seems that, like the Iranians, the Koch network got caught in its own echo chamber. Will Rising Lion really split MAGA, as some MAGA influencers are warning? Polls say no. According to a recent Rasmussen poll, 84 percent of likely voters believe Iran cannot have a bomb. Only 9 percent disagree. More Americans think it’s OK for men to play in women’s sports, 21 percent, than those who think Iran should have a bomb. According to the Rasmussen poll, 57 percent favor military action to stop Iran from getting nukes—which means there are Kamala Harris voters, 50 percent of them, along with 73 percent of Trump’s base, who are fine with bombing Iran to stop the mullahs’ nuclear weapons program. A Harvard/Harris poll shows 60 percent support for Israel “to take out Iran’s nuclear weapons program,” with 78 percent support among Republicans. Who thinks it’s reasonable for Iran to have a bomb? In a lengthy X post attacking Mark Levin and others who think an Iranian bomb is bad for America, Tucker Carlson made the case for the Iranian bomb. Iran, he wrote, “knows it’s unwise to give up its weapons program entirely. Muammar Gaddafi tried that and wound up sodomized with a bayonet. As soon as Gaddafi disarmed, NATO killed him. Iran’s leaders saw that happen. They learned the obvious lesson.” The Iranians definitely want a bomb to defend themselves against the United States—NATO, if you prefer—but that’s hardly America First. The threat that an Iranian bomb poses to the United States isn’t really that the Iranians will launch missiles at U.S. cities—not yet, anyway—but that it gives the regime a nuclear shield. It’s bad for America if a nuclear Iran closes down the Straits of Hormuz to set the price for global energy markets. It’s bad for America if a nuclear Iran wages terror attacks on American soil, as it has plotted to kill Trump. An Iranian bomb forces American policymakers, including Trump, to reconfigure policies and priorities to suit the interests of a terror state. It’s fair to argue that your country shouldn’t attack Iran to prevent it from getting a bomb, but reasoning that a terror state that has been killing Americans for nearly half a century needs the bomb to protect itself from the country you live in is nuts. Maybe some Trump supporters are angry and confused because Trump was advertised as the peace candidate. But “no new wars” is a slogan, not a policy. The purpose of U.S. policy is to advance America’s peace and prosperity, and Trump was chosen to change the course of American leadership habituated to confusing U.S. interests with everyone else’s. For years now, the U.S. political establishment has congratulated itself for helping to lift half a billion Chinese peasants out of poverty—in exchange for the impoverishment of the American middle class. George W. Bush wasted young American lives trying to make Iraq and Afghanistan function like America. Obama committed the United States to climate agreements that were designed to make Americans poorer. He legalized Iran’s bomb. So has Operation Rising Lion enhanced America’s peace? If it ends Iran’s nuclear weapons programs, the answer is absolutely yes. Further, when American partners advance U.S. interests, it adds luster to American glory. For instance, in 1982, in what is now popularly known as the Bekaa Valley Turkey Shoot, Israeli pilots shot down more than 80 Soviet-made Syrian jets and destroyed dozens of Soviet-built surface-to-air missile systems. It was a crucial Cold War exhibition that showed U.S. arms and allies were superior to what Moscow could put in the field. Israel’s attacks on Iran have not only disabled a Russian and Chinese partner but also demonstrated American superiority to those watching in Moscow and Beijing. Plus, virtually all of Iran’s oil exports go to China. With the attack last night, Trump brought an end to a particularly demoralizing and dispiriting era in U.S. history, which began nearly 50 years ago with the hostage crisis. In that time, U.S. leadership has routinely appeased a terror regime sustained only by maniacal hatred of America, while U.S. elites from the worlds of policy and academia, media and culture, have adopted the style and language of perfumed third-world obscurantists. All it took was for an American president to keep his word.

Detailed fact-check analysis of: By quarterbacking Israel’s attack on Iran, Trump brought an end to a particularly demoralizing era in U.S. history The main reason Israel’s massive attack on Iranian leadership, nuclear facilities, and other targets came as a surprise is that no one believes American presidents when they talk about protecting Americans and advancing our interests—especially when they’re talking about the Islamic Republic of Iran. Ever since the 1979 Iranian Revolution, U.S. presidents have wanted an accommodation with Iran—not revenge for holding 52 Americans captive for 444 days, but comity. Ronald Reagan told Soviet leader Mikhail Gorbachev to tear down the Berlin Wall, but when the Iranians’ Lebanese ally Hezbollah killed 17 Americans at the U.S. embassy in Beirut and 241 at the Marine barracks in 1983, he flinched. Bill Clinton wanted a deal with Iran so badly, he helped hide the Iranians’ sponsorship of the group that killed 19 airmen at Khobar Towers in 1996. George W. Bush turned a blind eye to Tehran’s depredations as Shia militias backed by Iran killed hundreds of U.S. troops in Iraq, while Iran’s Syrian ally Bashar al-Assad chartered buses to transport Sunni fighters from the Damascus airport to the Iraqi border, where they joined the hunt for Americans. Barack Obama’s signature foreign policy initiative was the Iran nuclear deal—designed not, as he promised, to stop Tehran’s nuclear weapons program, but to legalize it and protect it under the umbrella of an international agreement, backed by the United States. That all changed with Donald Trump. At last, an American president kept his word. He was very clear about it even before his second term started: Iran can’t have a bomb. Trump wanted it to go peacefully, but he warned that if the Iranians didn’t agree to dismantle their program entirely, they’d be bombed. Maybe Israel would do it, maybe the United States, maybe both, but in any case, they’d be bombed. Trump gave them 60 days to decide, and on day 61, Israel unleashed Operation Rising Lion. Until this morning, when Trump posted on Truth Social to take credit for the raid, there was some confusion about the administration’s involvement. As the operation began, Secretary of State Marco Rubio released a statement claiming that it was solely an Israeli show without any American participation. But even if details about intelligence sharing and other aspects of Israeli-U.S. coordination were hazy, the statement was obviously misleading: The entire operation was keyed to Trump. Without him, the attack wouldn’t have happened as it did, or maybe not at all. Trump spent two months neutralizing the Iranians without them realizing he was drawing them into the briar patch. Iranian diplomats pride themselves on their negotiating skills. Generations of U.S. diplomats have marveled at the Iranians’ ability to wipe the floor with them: It’s a cultural thing—ever try to bargain with a carpet merchant in Tehran? And Trump also praised them repeatedly for their talents—very good negotiators! The Iranians were in their sweet spot and must have imagined they could negotiate until Trump gave in to their demands or left office. But Trump was the trickster. He tied them down for two months, time that he gave to the Israelis to make sure they had everything in order. There’s already lots of talk about Trump’s deception campaign, and in the days and weeks to come, we’ll have more insight into which statements were real and which were faked and which journalists were used, without them knowing it, to print fake news to ensure the operation’s success. One Tablet colleague says it’s the most impressive operational feint since the Normandy invasion. Maybe even more impressive. A few weeks ago, a colleague told me of a brief conversation with a very senior Israeli official who said that Jerusalem and Washington see eye to eye on Gaza and left it at that. As my colleague saw it, and was meant to see it, this was not good news insofar as it suggested a big gap between the two powers on Iran. The deception campaign was so tight, it meant misleading friends casually. It’s now clear that the insanely dense communications environment—including foreign actors like the Iranians themselves, anti-Bibi Israeli journalists, the Gulf states, and the Europeans—served the purpose of the deception campaign. But most significant was the domestic component. Did the Iranians believe reports that the pro-Israel camp was losing influence with Trump and that the “restraintists” were on the rise? Did Iran lobbyist Trita Parsi tell officials in Tehran that his colleagues from the Quincy Institute and other Koch-funded policy experts who were working in the administration had it in the bag? Don’t worry about the neocons—my guys are steering things in a good way. It seems that, like the Iranians, the Koch network got caught in its own echo chamber. Will Rising Lion really split MAGA, as some MAGA influencers are warning? Polls say no. According to a recent Rasmussen poll, 84 percent of likely voters believe Iran cannot have a bomb. Only 9 percent disagree. More Americans think it’s OK for men to play in women’s sports, 21 percent, than those who think Iran should have a bomb. According to the Rasmussen poll, 57 percent favor military action to stop Iran from getting nukes—which means there are Kamala Harris voters, 50 percent of them, along with 73 percent of Trump’s base, who are fine with bombing Iran to stop the mullahs’ nuclear weapons program. A Harvard/Harris poll shows 60 percent support for Israel “to take out Iran’s nuclear weapons program,” with 78 percent support among Republicans. Who thinks it’s reasonable for Iran to have a bomb? In a lengthy X post attacking Mark Levin and others who think an Iranian bomb is bad for America, Tucker Carlson made the case for the Iranian bomb. Iran, he wrote, “knows it’s unwise to give up its weapons program entirely. Muammar Gaddafi tried that and wound up sodomized with a bayonet. As soon as Gaddafi disarmed, NATO killed him. Iran’s leaders saw that happen. They learned the obvious lesson.” The Iranians definitely want a bomb to defend themselves against the United States—NATO, if you prefer—but that’s hardly America First. The threat that an Iranian bomb poses to the United States isn’t really that the Iranians will launch missiles at U.S. cities—not yet, anyway—but that it gives the regime a nuclear shield. It’s bad for America if a nuclear Iran closes down the Straits of Hormuz to set the price for global energy markets. It’s bad for America if a nuclear Iran wages terror attacks on American soil, as it has plotted to kill Trump. An Iranian bomb forces American policymakers, including Trump, to reconfigure policies and priorities to suit the interests of a terror state. It’s fair to argue that your country shouldn’t attack Iran to prevent it from getting a bomb, but reasoning that a terror state that has been killing Americans for nearly half a century needs the bomb to protect itself from the country you live in is nuts. Maybe some Trump supporters are angry and confused because Trump was advertised as the peace candidate. But “no new wars” is a slogan, not a policy. The purpose of U.S. policy is to advance America’s peace and prosperity, and Trump was chosen to change the course of American leadership habituated to confusing U.S. interests with everyone else’s. For years now, the U.S. political establishment has congratulated itself for helping to lift half a billion Chinese peasants out of poverty—in exchange for the impoverishment of the American middle class. George W. Bush wasted young American lives trying to make Iraq and Afghanistan function like America. Obama committed the United States to climate agreements that were designed to make Americans poorer. He legalized Iran’s bomb. So has Operation Rising Lion enhanced America’s peace? If it ends Iran’s nuclear weapons programs, the answer is absolutely yes. Further, when American partners advance U.S. interests, it adds luster to American glory. For instance, in 1982, in what is now popularly known as the Bekaa Valley Turkey Shoot, Israeli pilots shot down more than 80 Soviet-made Syrian jets and destroyed dozens of Soviet-built surface-to-air missile systems. It was a crucial Cold War exhibition that showed U.S. arms and allies were superior to what Moscow could put in the field. Israel’s attacks on Iran have not only disabled a Russian and Chinese partner but also demonstrated American superiority to those watching in Moscow and Beijing. Plus, virtually all of Iran’s oil exports go to China. With the attack last night, Trump brought an end to a particularly demoralizing and dispiriting era in U.S. history, which began nearly 50 years ago with the hostage crisis. In that time, U.S. leadership has routinely appeased a terror regime sustained only by maniacal hatred of America, while U.S. elites from the worlds of policy and academia, media and culture, have adopted the style and language of perfumed third-world obscurantists. All it took was for an American president to keep his word.

Jun 15, 2025
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Fact Check: How nuts is Mark Carney? Perhaps nuttier than you think. Have a read of this piece in the Financial Post, by Matthew Lau. "Having left his gig as UN Special Envoy for Climate and Finance to lead the federal Liberal government, Mark Carney is now in a position to focus his and Greta Thunberg’s global climate crusade squarely on Canada. The crusade, Carney boasted back in 2021 while in his previous role, is worth many trillions of dollars. As he told CBC News at that year’s UN climate conference, “We have banks, asset managers, pension funds, insurance companies from around the world — more than 45 countries — and their total resources, totalling US$130 trillion” dedicated to transitioning the world’s economy away from fossil fuels. That dollar figure is higher than global GDP. Last month, Carney laid out Canada’s required contribution to his climate ambitions: “Canada must invest $2 trillion by 2050 — about $80 billion per year — to become carbon competitive and achieve Net Zero. However, investments in decarbonisation currently run between $10–20 billion annually.” The implication is that another $60-70 billion a year will need to be wrung out of Canadian businesses and consumers, either through direct taxation and government spending or with regulatory browbeating to push Canadians’ savings and investments into global warming initiatives. Carney has made no effort to hide his agenda to browbeat businesses into joining his and Greta Thunberg’s climate crusade. In a 2021 interview he declared, “We need a sustainable economy, and is your business aligned with that? Are your hiring practices consistent with that? Are you developing people in a way that’s consistent with that? Ultimately, what’s being asked of businesses when it comes to climate is, do you have a plan for net-zero? Canada has a legislated objective for net zero alongside another 130 countries.” “A Swedish teenager,” Carney continued, referring to Thunberg, “can figure out the carbon budget and that we have less than 10 years and you have to get to net-zero to stabilize it and if you’re a company and you have purpose, well, what’s your plan? And all these plans need to come together.” This is utter insanity: under Justin Trudeau Canada suffered rapidly declining business investment and now his successor wants the country’s business leaders to take financial planning directives from Greta Thunberg. While the federal government barrels down the road to net-zero impoverishment for Canada, everyone else is looking for the exit ramp. In January, six of the largest U.S. banks — JPMorganChase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley — quit the Carney-led net-zero banking alliance. Canada’s Big Six Banks — RBC, TD Bank, BMO, Scotiabank, CIBC and National Bank — have quit the initiative as well. Even Europe is beginning to back off on government piling climate obligations onto businesses in the name of fighting global warming. As the Wall Street Journal reports, the EU is watering down its climate accounting policies “amid pushback from member states and companies within the bloc over the new rules, which they say would have increased costs and reduced the competitiveness of their business.” Specifically, regulations previously scheduled for this year would have forced companies “to report in detail on their environmental, social and corporate-governance performance while making significant cuts to the emissions from within their supply chain.” The EU is now dropping, weakening or postponing many of these climate regulations, so that businesses will be able to better “grow, innovate, and create quality jobs.” This is effectively an admission that piling climate obligations and environmental reporting mandates onto businesses prevents them from growing, innovating and creating good jobs. Unfortunately, Mark Carney is all about climate obligations and reporting mandates. The road Canada is currently marching down for climate-related financial disclosures is based on a framework proposed by a task force Carney initiated in 2015. His aforementioned Thunberg-praising interview was not with an environmental journalist, but with Pivot Magazine, which is published by CPA Canada, the accounting industry’s national association. “We cannot get to net-zero without proper climate reporting,” he insisted, speaking of the need for “one core global standard” for climate accounting and reporting. A global climate reporting standard to help push trillions of dollars — yes, trillions with a “T” — from Canadian workers and taxpayers into Mark Carney and Greta Thunberg’s climate crusade? After a decade of Justin Trudeau’s ruinous policies weakening Canada from coast to coast, there could be little worse for the country and its economy than a Liberal government led by Mark Carney." The Financial Post Cape Breton Politics Jason Boudreau · 1h · Big numbers in unions. 😁😁

Detailed fact-check analysis of: How nuts is Mark Carney? Perhaps nuttier than you think. Have a read of this piece in the Financial Post, by Matthew Lau. "Having left his gig as UN Special Envoy for Climate and Finance to lead the federal Liberal government, Mark Carney is now in a position to focus his and Greta Thunberg’s global climate crusade squarely on Canada. The crusade, Carney boasted back in 2021 while in his previous role, is worth many trillions of dollars. As he told CBC News at that year’s UN climate conference, “We have banks, asset managers, pension funds, insurance companies from around the world — more than 45 countries — and their total resources, totalling US$130 trillion” dedicated to transitioning the world’s economy away from fossil fuels. That dollar figure is higher than global GDP. Last month, Carney laid out Canada’s required contribution to his climate ambitions: “Canada must invest $2 trillion by 2050 — about $80 billion per year — to become carbon competitive and achieve Net Zero. However, investments in decarbonisation currently run between $10–20 billion annually.” The implication is that another $60-70 billion a year will need to be wrung out of Canadian businesses and consumers, either through direct taxation and government spending or with regulatory browbeating to push Canadians’ savings and investments into global warming initiatives. Carney has made no effort to hide his agenda to browbeat businesses into joining his and Greta Thunberg’s climate crusade. In a 2021 interview he declared, “We need a sustainable economy, and is your business aligned with that? Are your hiring practices consistent with that? Are you developing people in a way that’s consistent with that? Ultimately, what’s being asked of businesses when it comes to climate is, do you have a plan for net-zero? Canada has a legislated objective for net zero alongside another 130 countries.” “A Swedish teenager,” Carney continued, referring to Thunberg, “can figure out the carbon budget and that we have less than 10 years and you have to get to net-zero to stabilize it and if you’re a company and you have purpose, well, what’s your plan? And all these plans need to come together.” This is utter insanity: under Justin Trudeau Canada suffered rapidly declining business investment and now his successor wants the country’s business leaders to take financial planning directives from Greta Thunberg. While the federal government barrels down the road to net-zero impoverishment for Canada, everyone else is looking for the exit ramp. In January, six of the largest U.S. banks — JPMorganChase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley — quit the Carney-led net-zero banking alliance. Canada’s Big Six Banks — RBC, TD Bank, BMO, Scotiabank, CIBC and National Bank — have quit the initiative as well. Even Europe is beginning to back off on government piling climate obligations onto businesses in the name of fighting global warming. As the Wall Street Journal reports, the EU is watering down its climate accounting policies “amid pushback from member states and companies within the bloc over the new rules, which they say would have increased costs and reduced the competitiveness of their business.” Specifically, regulations previously scheduled for this year would have forced companies “to report in detail on their environmental, social and corporate-governance performance while making significant cuts to the emissions from within their supply chain.” The EU is now dropping, weakening or postponing many of these climate regulations, so that businesses will be able to better “grow, innovate, and create quality jobs.” This is effectively an admission that piling climate obligations and environmental reporting mandates onto businesses prevents them from growing, innovating and creating good jobs. Unfortunately, Mark Carney is all about climate obligations and reporting mandates. The road Canada is currently marching down for climate-related financial disclosures is based on a framework proposed by a task force Carney initiated in 2015. His aforementioned Thunberg-praising interview was not with an environmental journalist, but with Pivot Magazine, which is published by CPA Canada, the accounting industry’s national association. “We cannot get to net-zero without proper climate reporting,” he insisted, speaking of the need for “one core global standard” for climate accounting and reporting. A global climate reporting standard to help push trillions of dollars — yes, trillions with a “T” — from Canadian workers and taxpayers into Mark Carney and Greta Thunberg’s climate crusade? After a decade of Justin Trudeau’s ruinous policies weakening Canada from coast to coast, there could be little worse for the country and its economy than a Liberal government led by Mark Carney." The Financial Post Cape Breton Politics Jason Boudreau · 1h · Big numbers in unions. 😁😁

Mar 25, 2025
Read more →