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Michael McAteer Profile picture
@Monetarius
Jul 16 • 3 tweets • 1 min read • Read on X
I've seen some American politicians threatening Canada to get their act together to stop wildfires. The Arctic amplification is heating the north 2-4X faster than the rest of the planet. The Boreal forests are burning.
They're so vast that any suggestion of better forest management is meaningless. Russia just lets their boreal forests burn. This is climate change resulting from fools who refused to act on 50 years of climate science that always told us that we must stop burning hydrocarbons.
These same people are now telling you to adapt to it. Image

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More from @Monetarius

Michael McAteer Profile picture
Jul 3
Saskatchewan's electricity grid is highly regulated to suppress the development of distributed production of renewable energy, both wind and solar.
In an outrageous demonstration of licentiousness (the archaic meaning), Scott Moe threw the finger at federal legislation to cease burning coal to produce electricity by 2030. Instead he told citizens of his plan to spend over $2 billion to refurbish old coal fueled power plants.
His logic is that it will give him the time, call it at least a decade, to launch a highly centralized system of nuclear reactors to provide electricity to the population.
Read 8 tweets
Michael McAteer Profile picture
Jul 2
Canada is one of the world's wealthiest countries by household wealth, though not at the very top. While global wealth continued to grow strongly in 2025, Canada's position remains notable for both the amount of wealth its citizens hold and how that wealth is structured.
Canada's position in global wealth:
Canada ranks among the world's richest countries by wealth per adult. Average wealth per adult: USD 399,886, ranking 12th globally. Median wealth per adult: USD 147,811, ranking 7th globally.
The high median ranking is significant. While average wealth can be skewed by billionaires and the ultra-rich, Canada's seventh-place ranking in median wealth suggests that wealth is relatively widespread across households rather than concentrated solely at the top.
Read 8 tweets
Michael McAteer Profile picture
May 19
Saskatchewan's residential electricity rate ranks among the highest in Canada. Households pay an average of 20.7 cents per kWh, which is higher than the national average and well above the rates in provinces that rely heavily on low-cost hydroelectricity.
Scott Moe's decision to refurbish coal burning power plants to the tune of $26 billion will drive up costs to consumers even higher. His plan is to eventually transition to nuclear which is, and always will be, the most expensive way to make electricity.
His plan will be undone by the market. The costs of rooftop solar continue to drop and 2026 will be the breakout year for the adoption of sodium-ion storage batteries that are half the cost of current lithium-iron phosphate.
Read 9 tweets
Michael McAteer Profile picture
May 16
Descriptions of phenomena are limited. The rubber hits the road once a theory is proposed. That fifty years of climate science is being denied at the highest level of our politics seems absurd,
...and I say this in anticipation of another summer where wildfire smoke is going to ruin many days that we patiently waited for all winter. It's not a case of mass stupidity — it goes deeper into the unconscious.
Google AI does a good job here of summarizing philosopher Slavoj Žižek's psychoanalytic explanation:
Read 11 tweets
Michael McAteer Profile picture
Apr 25
Canada's rapid industrialization following its genesis during the Second World War, was largely facilitated by the foreign direct investment of American capital.
The new long wave of economic activity in Canada, based on the industrialization of new technologies, will be similarly financed in large part by foreign direct investment — capital formation being a historical problem always facing Canada —
...but the U.S. is less likely now to be that source of capital. The expectation that Canada will be able to preserve the tariff free structures affecting its automotive industry under CUSMA in the negotiations this year is waning.
Read 8 tweets
Michael McAteer Profile picture
Apr 16
The claim from Canadian Conservatives that anthropogenic (man made) climate change is a false hypothesis is not acceptable. It never was.
The idea that the development of oil and gas resources can be continued without consideration of the threat that global warming poses to our immediate communities and the planet at large, is just wrong in every respect.
There is no debate about it. Up to the American Civil War, many Northerners were willing to abide the institution of slavery so as not to disrupt the economy. It wasn't until it became an overwhelming matter of personal conscience that it was eliminated.
Read 4 tweets

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