Mark Carney’s Carbon Empire: Canada’s Setup for Servitude
By Peter J. Merrick, TEP® and Adrian C. Spitters, CFP®, co-authors of the international bestseller It Starts With Gold™ and the forthcoming book Guns, Gold & Land™
This analysis continues a series of long-form investigations published in The Merrick Spitters Reset Report™
Behind the green curtain: a blueprint for national bankruptcy and elite enrichment
The urgent themes discussed in this article are expanded upon in our #1 international bestseller, It Starts With Gold™, co-authored by Peter J. Merrick and Adrian C. Spitters. In the book, we reveal how financial systems are collapsing and how individuals can prepare before it is too late. Visit www.ItStartsWithGold.com.
Mark Carney’s political ascent has not been a random event. His global connections and strategic appointments have methodically set the stage for a sweeping transformation of Canada’s economy. This transformation is being sold to Canadians under the banner of environmental responsibility. In truth, it is the scaffolding for a new economic order where elites profit through a rigged carbon credit system, and Canadians foot the bill.
Brookfield Asset Management, with Mark Carney as Vice Chair and later Chair of ESG initiatives, has quietly amassed control over key sectors necessary for domination of the future carbon economy. These manoeuvres have been supported by Justin Trudeau’s government through aggressive climate legislation, massive taxpayer-funded subsidies, and regulatory changes designed to eliminate competition.
Carbon Credits: The New Engine of Financial Extraction
At the heart of the scheme are carbon credits. These credits come in two forms: low-integrity removals like tree planting and soil carbon projects, and high-integrity removals like direct air capture and bio-oil injection. The low-integrity methods are largely symbolic, easily reversed, and unverifiable. The high-integrity methods require billion-dollar factories, sophisticated technology, and deep financial backing.
Brookfield has positioned itself to dominate the production of these high-integrity credits through acquisitions and partnerships in nuclear power, carbon capture, solar, and renewable fuel technologies. The carbon market is not growing naturally. It is being artificially created by regulatory compulsion. Companies will be forced to purchase carbon credits to operate, and Brookfield is preparing to become one of the largest suppliers.
This is not about saving the environment. It is about building a monopoly over the right to emit carbon, profiting every step of the way.
Justin Trudeau’s Role: Enabler of the Carbon Credit Trap
Since 2019, Justin Trudeau has funnelled tens of billions of dollars into green initiatives. These investments were not designed to create prosperity for Canadians. They were structured to advance the net zero agenda, paving the way for Brookfield’s profit machine.
Key taxpayer-funded initiatives include:
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- $15 billion Canada Growth Fund
- $8 billion Net Zero Accelerator
- $4.2 billion Low Carbon Economy Fund
- $33.5 billion Green Infrastructure Fund
- $35 billion Canada Infrastructure Bank
- $2.6 billion Canada Innovation Fund
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These funds subsidized the very industries needed to create carbon credits: electric vehicles, carbon capture, renewable energy, and green infrastructure. Major corporate handouts to Volkswagen, Northvolt, Stellantis, Honda, and Ford all align with this strategy. Billions of dollars from Canadian taxpayers have been redirected to private interests under the illusion of fighting climate change.
The Clean Fuel Standard, the 2035 EV mandate, and emissions caps on heavy industry are all designed to force companies into the carbon credit market. Every new regulation tightens the noose around Canadian industry and expands the demand for carbon offsets, enriching Brookfield.
The Global Web: Chatham House, Soros, and ESG Takeover
Mark Carney’s influence extends well beyond Canada’s borders. He and his wife, Diana Fox Carney, sit on the board of Chatham House, a powerful think tank heavily funded by George Soros’ Open Society Foundations and Global Affairs Canada. Chatham House promotes the expansion of global carbon markets and international climate governance.
Through his leadership roles at the United Nations, the Glasgow Financial Alliance for Net Zero (GFANZ), and his direct connections to McKinsey & Company, Carney has orchestrated a global push to integrate carbon trading into the fabric of international finance. The goal is not environmental stewardship. It is the creation of a global economy controlled through carbon compliance, with financial returns flowing to institutions like Brookfield.
Figures like Carney, Michael Bloomberg, and Larry Fink are lobbying for direct Wall Street control over climate finance through institutions like the IMF and World Bank. This is not conspiracy theory. It is now openly discussed among financial elites.
Brookfield’s Green Empire: A Timeline of Capture
Since Carney’s appointment at Brookfield in 2020, the company has aggressively expanded its green portfolio:
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- Carbon Capture: Investments in Entropy, Lanzatech, and Sustainium carbon capture projects
- Renewable Energy: Acquisitions of Neoen, Origin Energy, and Astro On-site Energy
- Green Transportation: Investments in Infinium (green jet fuel) and sustainable transportation infrastructure
- Nuclear Energy: Purchase of Westinghouse’s small modular reactor technology
- Data Centre Energy Supply: Clean energy partnerships for AI and tech-driven infrastructure
- Returnable and Sustainable Packaging: Strategic acquisitions to capture carbon credits through manufacturing
Each acquisition supports the creation of high-integrity carbon credits. Each investment is a stepping stone towards monopolizing green compliance industries. Every piece of legislation pushed by Trudeau aligns perfectly with Brookfield’s expanding empire.
Mark Carney’s deep stock option holdings in Brookfield, combined with his undisclosed blind trust, represent an unprecedented conflict of interest. According to SEC filings, Carney has millions in potential profit at Brookfield’s current valuation, with future earnings set to explode if carbon markets are fully implemented.
The Carbon Border Adjustment Trap
One of the most damaging components of this scheme is the carbon border adjustment mechanism. This tax will penalize any imported goods that do not meet stringent emissions standards. It will drive up the cost of everything Canadians import, from food to construction materials. It will isolate Canada from non-compliant trading partners like the United States and Asia, driving inflation even higher.
Brookfield, positioned as the major provider of certified clean energy and carbon offsets, will profit enormously as domestic businesses are forced to comply or shut down. Canadians will pay higher prices for fewer choices, all while Brookfield and similar entities amass unprecedented wealth.
A New Economic Feudalism
Mark Carney’s carbon credit empire is not an environmental strategy. It is a financial weapon aimed directly at the Canadian economy. It will destroy small businesses, hollow out the middle class, and lock Canadians into a permanent state of economic servitude.
The blueprint is clear. The money trail is undeniable. The consequences are catastrophic.
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