18
Mar
Ottawa (Rajeev Sharma)— Mark Carney’s ambitious framework for a global net-zero financial transition is facing a critical stress test as Canada’s leading oil and gas companies signal a renewed push to expand production. According to a report by Reuters, the collision between long-term climate mandates and immediate energy security concerns has reached a boiling point, with Canadian producers arguing that their crude is essential to stabilizing global markets amid ongoing supply disruptions in West Asia. Carney, the UN Special Envoy on Climate Action and Finance, has long advocated for a managed phase-out of fossil fuel investment, but that vision is…