Fact Check: trumo said have been speaking to Coca-Cola about using REAL Cane Sugar in Coke the United States, and they have agreed do so.

Fact Check: trumo said have been speaking to Coca-Cola about using REAL Cane Sugar in Coke the United States, and they have agreed do so.

Published July 26, 2025
VERDICT
True

# Fact Check: Trump Claims Coca-Cola Will Use Real Cane Sugar in Coke ## What We Know Recently, President Donald Trump stated that he has been in dis...

Fact Check: Trump Claims Coca-Cola Will Use Real Cane Sugar in Coke

What We Know

Recently, President Donald Trump stated that he has been in discussions with Coca-Cola regarding the use of real cane sugar in their U.S. products, and he claimed that the company has "agreed" to this change. According to reports, Coca-Cola plans to introduce a new version of Coke sweetened with U.S. cane sugar, similar to the recipe used for Mexican Coke, which is already popular among consumers who prefer cane sugar over high-fructose corn syrup (HFCS) (NPR, Reuters). Coca-Cola's Chairman and CEO, James Quincey, confirmed that the company would be expanding its product range to include this new option, which is expected to hit the market later this year (CBS News).

Analysis

The claim made by Trump about Coca-Cola's agreement to use cane sugar is supported by multiple credible sources. The announcement from Coca-Cola aligns with Trump's statements, indicating that there has indeed been communication between the company and the Trump administration regarding this initiative (ABC News).

However, while Coca-Cola's CEO acknowledged the president's enthusiasm for the brand, he did not provide specific details about the nature of the discussions with the White House (NPR). This lack of detail raises questions about the extent of Trump's influence over the decision. Furthermore, the corn industry has expressed concerns that a shift to cane sugar could negatively impact jobs and farm income, highlighting the economic implications of this switch (NPR).

The sources reporting on this matter, including NPR, Reuters, and ABC News, are reputable news organizations known for their journalistic standards, which adds credibility to the information presented. However, it is important to note that while Coca-Cola is moving forward with the cane sugar initiative, the details of Trump's involvement remain somewhat ambiguous.

Conclusion

The claim that Trump has been speaking to Coca-Cola about using real cane sugar in Coke and that they have agreed to do so is True. The evidence from multiple reliable sources confirms that Coca-Cola plans to introduce a new product using cane sugar, and Trump's statements about the discussions with the company are corroborated by the company's official announcements.

Sources

  1. Coca-Cola to use cane sugar in Coke after Trump push
  2. Trump Says Coca-Cola Agreed to Use Real Sugar in U.S.
  3. Trump says Coca-Cola agreed to use real cane sugar in US
  4. Coca-Cola to launch new U.S. soda with cane sugar this fall
  5. Trump says Coke agrees to use cane sugar in US - ABC News
  6. Coca-Cola will launch Coke with U.S. cane sugar after Trump push
  7. Coca-Cola is releasing a Trump-approved new version of Coke
  8. Coca-Cola Responds to Trump's Claim It Will Use Cane Sugar

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Fact Check: It is all about 1948. It's not about October 7, 1956, 1967, 1982, 2008, 2014 or any other date on which Israel committed egregious atrocities in and around Palestine; it's all about 1948, and it's important to remember this date well. The war and the complete failure of all attempts to achieve a viable peace have pushed Palestine back to this date. The 76 years that have passed have been a fruitless struggle for 'peace'. All they have done is give Israel four decades to reinforce its total control over Palestine. This is all about history. Understanding the struggle for Palestine requires understanding its historical context. The modern history commences with Britain using the Zionists, while simultaneously being utilized by them, to establish an imperial foothold in the Middle East, effectively transforming Israel into the central pillar of a bridge from Egypt and the Nile to Iraq, its oil, and the Gulf. The calculations were devoid of morality, driven solely by self-interest. Britain had no right to cede a portion of the area it was occupying—Palestine—to another occupier, and the UN similarly lacked the authority to do so. The 1947 General Assembly partition resolution was essentially a US resolution anyway; the numbers were fixed by the White House once it became clear that it would fail. Chaim Weizmann, the prominent Zionist leader in London and Washington, requested Truman's intervention. “I am aware of how much abstaining delegations would be swayed by your counsel and the influence of your government,” he informed the president. “I refer to China, Honduras, Colombia, Mexico, Liberia, Ethiopia, Greece. I beg and pray for your decisive intervention at this decisive hour.” Among the countries that needed a push were the Philippines, Cuba, Haiti, and France. “We went for it," stated Clark Clifford, Truman’s special counsel, subsequently. “It was because the White House was for it that it went through. I kept the ramrod up the State Department’s butt.” Herschel Johnson, the deputy chief of the US mission at the UN, cried in frustration while speaking to Loy Henderson, a senior diplomat and head of the State Department’s Office of Near Eastern Affairs, who was a staunch adversary of the construction of a Zionist settler state in Palestine. “Loy, forgive me for breaking down like this,” Johnson stated, “but Dave Niles called us here a couple of days ago and said that the president had instructed him to tell us that, by God, he wanted us to get busy and get all the votes that we possibly could, that there would be hell if the voting went the other way.” In September, UNSCOP (the United Nations Special Committee on Palestine) convened an ad hoc committee to evaluate its proposals. The committee consisted of all members of the General Assembly, with subcommittees designated to evaluate the suggestions presented. On November 25, the General Assembly, acting as an ad hoc committee, approved partition with a vote of 25 in favor, 13 against, and 17 abstentions. A two-thirds majority was required for the partition resolution to succeed in the General Assembly plenary session four days later, indicating its impending failure. However, following the White House's endorsement, seven of the 17 abstainers from November 25 voted 'yes' on November 29, resulting in the passage of Resolution 181 (II) with 33 votes in favor, 13 against, and 10 abstentions. Niles, the Zionists' ‘point man’ at the White House, subsequently partnered with Clark Clifford to undermine the State Department's proposal to replace partition with trusteeship for the time being because of the violence threatened in Palestine. Niles was the first member of a series of Zionist lobbyists sent to monitor the presidency from within. Despite their unpopularity and potential resentment, the presidents had no choice but to tolerate their persistent pressure. During John Kennedy's administration, Mike (Myer) Feldman was permitted to oversee all State Department and White House cable concerning the Middle East. Despite internal opposition within the White House, Kennedy perceived Feldman “as a necessary evil whose highly visible White House position was a political debt that had to be paid,” as noted by Seymour Hersh in The Samson Option. Israel’s Nuclear Arsenal and American Foreign Policy (p. 98). Lyndon Johnson took over Feldman after Kennedy's assassination, granting Israel all its demands without offering anything in return. The transfer of Palestine to a recent settler minority contravened fundamental UN norms, including the right to self-determination. Resistance to Zionism and the formation of a Jewish state in Palestine were significant within the US administration, but it was the man in the White House, influenced by domestic interests (money and votes), who called the shots and has been calling them ever since. Palestine went from British control to American hands, and then to the Zionists. 29 November 1947 - partition plans. 33 voted for, 13 voted against, 10 abstained The desires of the Palestinians were irrelevant to the 'return' of the Jewish people to their ''ancient homeland'', as noted by Arthur Balfour. The fact that Jews could not 'return’ to a land in which they or their ancestors had never lived was equally immaterial. What went on behind closed doors to ensure the establishment of a colonial-settler state in Palestine, contrary to the desires of its populace, represents but one episode in a protracted history of duplicity, deceit, persistent breaches of international law, and violations of fundamental UN principles. The so-called "Palestine problem" has never been a "Palestine problem," but rather a Western and Zionist problem—a volatile combination of the two that the perpetrators are still blaming on their victims. There would be no ambiguity regarding our current situation at the precipice if Western governments and the media held Israel accountable rather than shielding, endorsing, and rationalizing even the most egregious offenses under the pretext of Israel's 'right' to self-defense. It is absurd to propose that a thief has any form of 'right' to 'defend' stolen property. The right belongs to the person fighting for its return, as the Palestinians have been doing daily since 1948. Aside from the 5–6% of land acquired by Zionist purchasing agencies before 1948, Israelis are living on and in stolen property. They will defend it, but they have no 'right' to defend something that, by any legal, moral, historical, or cultural measure, belongs to someone else. This has never been a 'conflict of rights' as 'liberal' Zionists have claimed, because a right is a right and cannot conflict with another right. The real rights in this context are evident, or would be, if they were not persistently suppressed by Western governments and a media that unconditionally safeguards Israel's actions. Although the non-binding UNGA partition resolution of that year did not include a 'transfer' of the Palestinian population, the creation of a Jewish state would have been more challenging without it. Without the expulsion of indigenous Palestinians, the demographic composition of the 'Jewish state' would have included an equal number of Palestinian Muslims and Christians alongside Jews. War was the sole means of getting rid of Palestinian natives; raw force achieved what Theodor Herzl envisioned when he referred to “spiriting” the “penniless population” from their land. Upon its completion, Weizmann expressed excitement regarding this "miraculous simplification of our task." Following 1948, there were massacres in the West Bank, Gaza, and Jordan; massacres in Lebanon; and wars and assassinations throughout the region and beyond. A second wave of ethnic cleansing succeeded the 1948 one in 1967, and now a third and fourth wave is taking place in Gaza and southern Lebanon, terrorizing and slaughtering town dwellers and villagers into fleeing. https://preview.redd.it/orxl88k6mfoe1.jpg?width=800&format=pjpg&auto=webp&s=12103a2b560e3af2f72c656e6e39fdbea64caa11 Western governments and the media are facilitating the gradual, covert, illegal, and pseudo-legal erosion of Palestinian life and rights in the West Bank and East Jerusalem. It is remarkable how the media constantly discusses October 7 but never talks about any of this critical history. Of course, as an accomplice to one of the biggest crimes of the 20th century, meticulously orchestrated and executed violently, discussing it candidly would entail self-incrimination; thus, it diverts the discourse to alternative subjects—''Hamas terrorism'', ''October 7''—anything to distract from Israel's egregious war crimes. This distortion of the narrative has persisted since the PLO and the popular fronts of the 1960s were labeled as terrorists, while Israel was portrayed as a plucky small state merely defending itself. The Poles, the French, and other Europeans opposed the Nazi occupation. The distinction is clear: resistance to occupation by Palestinians is labeled as terrorism, while state-sponsored terrorism is characterized as 'self-defense.' This distortion of truth has been outrageously amplified following the pager/walkie-talkie terrorist acts perpetrated by Israel in Lebanon. Western governments and their connected media entities have rationalized and even lauded them. The Palestinians demonstrated their readiness to transcend the events of 1948 and to make significant concessions for peace —22 percent of the land in exchange for relinquishing 78 percent—provided Israel would engage sincerely with the rights of the 1948 generation; nevertheless, Israel ignored their offers contemptuously. The Palestinians were willing to share Jerusalem, but Israel was not receptive to this proposition. It had consistently desired all of Palestine. The Netanyahu government, seeing no need for such concealment, now unveils the truth that the 1990s 'peace process' and previous proposals from various diplomatic entities obscured. It explicitly states its desires, regardless of the opinions of others, including former partners, which align with the initial aspirations of the Zionist movement: all of Palestine, ideally devoid of Palestinians. Israel's refusal to cede any portion of Palestine has blurred the distinctions between the pre- and post-1967 eras. There are no delineating green lines between occupied and unoccupied territories, only the red lines that Israel transgresses daily. Deprived of even a small portion of their homeland, Palestinians and their supporters are compelled to resort to resistance and are resolute in their pursuit of reclaiming all of 1948 Palestine, rather than merely the limited fraction they previously would have accepted. Western countries facilitate and even promote Israel's existence outside international law by providing arms and financial assistance. Israel's occupation, massacres, and assassinations occur because of Western governments' tacit approval and encouragement. If Israel commits genocide, it is due to Western nations' acquiescence and implicit endorsement. If Israel is condemning itself to endless war with those whose fundamental rights it has infringed upon for the past 76 years, it is due to Western governments' acceptance. They have allowed Israel to push the world to the brink of regional and even global conflict. Israel is chaotic, yet it has never been orderly. The West has also permitted this, and it will face consequences.

Detailed fact-check analysis of: It is all about 1948. It's not about October 7, 1956, 1967, 1982, 2008, 2014 or any other date on which Israel committed egregious atrocities in and around Palestine; it's all about 1948, and it's important to remember this date well. The war and the complete failure of all attempts to achieve a viable peace have pushed Palestine back to this date. The 76 years that have passed have been a fruitless struggle for 'peace'. All they have done is give Israel four decades to reinforce its total control over Palestine. This is all about history. Understanding the struggle for Palestine requires understanding its historical context. The modern history commences with Britain using the Zionists, while simultaneously being utilized by them, to establish an imperial foothold in the Middle East, effectively transforming Israel into the central pillar of a bridge from Egypt and the Nile to Iraq, its oil, and the Gulf. The calculations were devoid of morality, driven solely by self-interest. Britain had no right to cede a portion of the area it was occupying—Palestine—to another occupier, and the UN similarly lacked the authority to do so. The 1947 General Assembly partition resolution was essentially a US resolution anyway; the numbers were fixed by the White House once it became clear that it would fail. Chaim Weizmann, the prominent Zionist leader in London and Washington, requested Truman's intervention. “I am aware of how much abstaining delegations would be swayed by your counsel and the influence of your government,” he informed the president. “I refer to China, Honduras, Colombia, Mexico, Liberia, Ethiopia, Greece. I beg and pray for your decisive intervention at this decisive hour.” Among the countries that needed a push were the Philippines, Cuba, Haiti, and France. “We went for it," stated Clark Clifford, Truman’s special counsel, subsequently. “It was because the White House was for it that it went through. I kept the ramrod up the State Department’s butt.” Herschel Johnson, the deputy chief of the US mission at the UN, cried in frustration while speaking to Loy Henderson, a senior diplomat and head of the State Department’s Office of Near Eastern Affairs, who was a staunch adversary of the construction of a Zionist settler state in Palestine. “Loy, forgive me for breaking down like this,” Johnson stated, “but Dave Niles called us here a couple of days ago and said that the president had instructed him to tell us that, by God, he wanted us to get busy and get all the votes that we possibly could, that there would be hell if the voting went the other way.” In September, UNSCOP (the United Nations Special Committee on Palestine) convened an ad hoc committee to evaluate its proposals. The committee consisted of all members of the General Assembly, with subcommittees designated to evaluate the suggestions presented. On November 25, the General Assembly, acting as an ad hoc committee, approved partition with a vote of 25 in favor, 13 against, and 17 abstentions. A two-thirds majority was required for the partition resolution to succeed in the General Assembly plenary session four days later, indicating its impending failure. However, following the White House's endorsement, seven of the 17 abstainers from November 25 voted 'yes' on November 29, resulting in the passage of Resolution 181 (II) with 33 votes in favor, 13 against, and 10 abstentions. Niles, the Zionists' ‘point man’ at the White House, subsequently partnered with Clark Clifford to undermine the State Department's proposal to replace partition with trusteeship for the time being because of the violence threatened in Palestine. Niles was the first member of a series of Zionist lobbyists sent to monitor the presidency from within. Despite their unpopularity and potential resentment, the presidents had no choice but to tolerate their persistent pressure. During John Kennedy's administration, Mike (Myer) Feldman was permitted to oversee all State Department and White House cable concerning the Middle East. Despite internal opposition within the White House, Kennedy perceived Feldman “as a necessary evil whose highly visible White House position was a political debt that had to be paid,” as noted by Seymour Hersh in The Samson Option. Israel’s Nuclear Arsenal and American Foreign Policy (p. 98). Lyndon Johnson took over Feldman after Kennedy's assassination, granting Israel all its demands without offering anything in return. The transfer of Palestine to a recent settler minority contravened fundamental UN norms, including the right to self-determination. Resistance to Zionism and the formation of a Jewish state in Palestine were significant within the US administration, but it was the man in the White House, influenced by domestic interests (money and votes), who called the shots and has been calling them ever since. Palestine went from British control to American hands, and then to the Zionists. 29 November 1947 - partition plans. 33 voted for, 13 voted against, 10 abstained The desires of the Palestinians were irrelevant to the 'return' of the Jewish people to their ''ancient homeland'', as noted by Arthur Balfour. The fact that Jews could not 'return’ to a land in which they or their ancestors had never lived was equally immaterial. What went on behind closed doors to ensure the establishment of a colonial-settler state in Palestine, contrary to the desires of its populace, represents but one episode in a protracted history of duplicity, deceit, persistent breaches of international law, and violations of fundamental UN principles. The so-called "Palestine problem" has never been a "Palestine problem," but rather a Western and Zionist problem—a volatile combination of the two that the perpetrators are still blaming on their victims. There would be no ambiguity regarding our current situation at the precipice if Western governments and the media held Israel accountable rather than shielding, endorsing, and rationalizing even the most egregious offenses under the pretext of Israel's 'right' to self-defense. It is absurd to propose that a thief has any form of 'right' to 'defend' stolen property. The right belongs to the person fighting for its return, as the Palestinians have been doing daily since 1948. Aside from the 5–6% of land acquired by Zionist purchasing agencies before 1948, Israelis are living on and in stolen property. They will defend it, but they have no 'right' to defend something that, by any legal, moral, historical, or cultural measure, belongs to someone else. This has never been a 'conflict of rights' as 'liberal' Zionists have claimed, because a right is a right and cannot conflict with another right. The real rights in this context are evident, or would be, if they were not persistently suppressed by Western governments and a media that unconditionally safeguards Israel's actions. Although the non-binding UNGA partition resolution of that year did not include a 'transfer' of the Palestinian population, the creation of a Jewish state would have been more challenging without it. Without the expulsion of indigenous Palestinians, the demographic composition of the 'Jewish state' would have included an equal number of Palestinian Muslims and Christians alongside Jews. War was the sole means of getting rid of Palestinian natives; raw force achieved what Theodor Herzl envisioned when he referred to “spiriting” the “penniless population” from their land. Upon its completion, Weizmann expressed excitement regarding this "miraculous simplification of our task." Following 1948, there were massacres in the West Bank, Gaza, and Jordan; massacres in Lebanon; and wars and assassinations throughout the region and beyond. A second wave of ethnic cleansing succeeded the 1948 one in 1967, and now a third and fourth wave is taking place in Gaza and southern Lebanon, terrorizing and slaughtering town dwellers and villagers into fleeing. https://preview.redd.it/orxl88k6mfoe1.jpg?width=800&format=pjpg&auto=webp&s=12103a2b560e3af2f72c656e6e39fdbea64caa11 Western governments and the media are facilitating the gradual, covert, illegal, and pseudo-legal erosion of Palestinian life and rights in the West Bank and East Jerusalem. It is remarkable how the media constantly discusses October 7 but never talks about any of this critical history. Of course, as an accomplice to one of the biggest crimes of the 20th century, meticulously orchestrated and executed violently, discussing it candidly would entail self-incrimination; thus, it diverts the discourse to alternative subjects—''Hamas terrorism'', ''October 7''—anything to distract from Israel's egregious war crimes. This distortion of the narrative has persisted since the PLO and the popular fronts of the 1960s were labeled as terrorists, while Israel was portrayed as a plucky small state merely defending itself. The Poles, the French, and other Europeans opposed the Nazi occupation. The distinction is clear: resistance to occupation by Palestinians is labeled as terrorism, while state-sponsored terrorism is characterized as 'self-defense.' This distortion of truth has been outrageously amplified following the pager/walkie-talkie terrorist acts perpetrated by Israel in Lebanon. Western governments and their connected media entities have rationalized and even lauded them. The Palestinians demonstrated their readiness to transcend the events of 1948 and to make significant concessions for peace —22 percent of the land in exchange for relinquishing 78 percent—provided Israel would engage sincerely with the rights of the 1948 generation; nevertheless, Israel ignored their offers contemptuously. The Palestinians were willing to share Jerusalem, but Israel was not receptive to this proposition. It had consistently desired all of Palestine. The Netanyahu government, seeing no need for such concealment, now unveils the truth that the 1990s 'peace process' and previous proposals from various diplomatic entities obscured. It explicitly states its desires, regardless of the opinions of others, including former partners, which align with the initial aspirations of the Zionist movement: all of Palestine, ideally devoid of Palestinians. Israel's refusal to cede any portion of Palestine has blurred the distinctions between the pre- and post-1967 eras. There are no delineating green lines between occupied and unoccupied territories, only the red lines that Israel transgresses daily. Deprived of even a small portion of their homeland, Palestinians and their supporters are compelled to resort to resistance and are resolute in their pursuit of reclaiming all of 1948 Palestine, rather than merely the limited fraction they previously would have accepted. Western countries facilitate and even promote Israel's existence outside international law by providing arms and financial assistance. Israel's occupation, massacres, and assassinations occur because of Western governments' tacit approval and encouragement. If Israel commits genocide, it is due to Western nations' acquiescence and implicit endorsement. If Israel is condemning itself to endless war with those whose fundamental rights it has infringed upon for the past 76 years, it is due to Western governments' acceptance. They have allowed Israel to push the world to the brink of regional and even global conflict. Israel is chaotic, yet it has never been orderly. The West has also permitted this, and it will face consequences.

Mar 15, 2025
Read more →
Fact Check: Transcript
00:00
News, Trump said there was
nothing he could do but it was
Mexico who stepped up to save
lives. While the flood waters
swept away homes, families and
hope in South Texas, the
governor appeared on
television, his voice shaking
saying his hands were tied that
he had no resources, no way to
help but someone did. From
across the river, without
cameras, without promises,
hundreds of Mexican rescuers
crossed over on their own. They
came with backpacks on their
shoulders, trained dogs by
their side, and hearts full of
faith. They didn't wait for
orders, they didn't ask for
permission. They just heard the
cry of a neighbor and they
answered and now, in the mud
and of cities like Laredo,
00:31
Eagle Pass and Mission, the
loudest voices aren't speaking
English. They're speaking
Spanish, Mexican voices saying,
hold on, we're here because
while Trump locks himself in
his office and the governor
throws his hands up to the sky,
Mexico is waste deep in the
water pulling people out alive.
Today, Texas faces its worst
climate disaster in years. The
first to react was not Trump.
But the people arrested in the
United States. So ask yourself
if you believe Trump's
immigration policies are wrong.
Drop a thank you Mexico in the
comments and share the story
before politics buries it.
Partially True

Fact Check: Transcript 00:00 News, Trump said there was nothing he could do but it was Mexico who stepped up to save lives. While the flood waters swept away homes, families and hope in South Texas, the governor appeared on television, his voice shaking saying his hands were tied that he had no resources, no way to help but someone did. From across the river, without cameras, without promises, hundreds of Mexican rescuers crossed over on their own. They came with backpacks on their shoulders, trained dogs by their side, and hearts full of faith. They didn't wait for orders, they didn't ask for permission. They just heard the cry of a neighbor and they answered and now, in the mud and of cities like Laredo, 00:31 Eagle Pass and Mission, the loudest voices aren't speaking English. They're speaking Spanish, Mexican voices saying, hold on, we're here because while Trump locks himself in his office and the governor throws his hands up to the sky, Mexico is waste deep in the water pulling people out alive. Today, Texas faces its worst climate disaster in years. The first to react was not Trump. But the people arrested in the United States. So ask yourself if you believe Trump's immigration policies are wrong. Drop a thank you Mexico in the comments and share the story before politics buries it.

Detailed fact-check analysis of: Transcript 00:00 News, Trump said there was nothing he could do but it was Mexico who stepped up to save lives. While the flood waters swept away homes, families and hope in South Texas, the governor appeared on television, his voice shaking saying his hands were tied that he had no resources, no way to help but someone did. From across the river, without cameras, without promises, hundreds of Mexican rescuers crossed over on their own. They came with backpacks on their shoulders, trained dogs by their side, and hearts full of faith. They didn't wait for orders, they didn't ask for permission. They just heard the cry of a neighbor and they answered and now, in the mud and of cities like Laredo, 00:31 Eagle Pass and Mission, the loudest voices aren't speaking English. They're speaking Spanish, Mexican voices saying, hold on, we're here because while Trump locks himself in his office and the governor throws his hands up to the sky, Mexico is waste deep in the water pulling people out alive. Today, Texas faces its worst climate disaster in years. The first to react was not Trump. But the people arrested in the United States. So ask yourself if you believe Trump's immigration policies are wrong. Drop a thank you Mexico in the comments and share the story before politics buries it.

Jul 21, 2025
Read more →
Fact Check:  a statement about new Coca-Cola offerings, potentially related to sugar content, was attributed to a company spokesperson but then denied.
Partially True

Fact Check: a statement about new Coca-Cola offerings, potentially related to sugar content, was attributed to a company spokesperson but then denied.

Detailed fact-check analysis of: a statement about new Coca-Cola offerings, potentially related to sugar content, was attributed to a company spokesperson but then denied.

Jul 26, 2025
Read more →
🔍
Partially True

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
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