Friends of Science Society asserts net-zero policy pillars have collapsed while warning that climate policy remains a drag on Canada's economy
Executive summary: Friends of Science Society published a podcast episode and a report claiming that the policy pillars supporting net-zero objectives have collapsed and that the "green grendel" metaphor still influences Canada's economy. The statement contributes to the political and economic debate over the costs and feasibility of climate mitigation policies, potentially affecting investor sentiment toward Canadian energy companies.
Who is involved: Friends of Science Society (spokesperson Michelle Stirling), energy analyst Dr. Tammy Nemeth, and the host of The Nemeth Report.
Likely next: Continued public discourse on net-zero feasibility is expected; no specific forthcoming event is disclosed in the release.
The press release promotes a podcast and report in which Michelle Stirling of Friends of Science Society argues that the foundations of net-zero strategies have failed. She characterizes ongoing climate policy as a "green grendel" that continues to affect economic outcomes. The release does not present new empirical data but frames the discussion as a critique of current climate initiatives.
Timeline
- — Net Zero Pillars Collapse but "The Green Grendel" still Haunts Canada's Economy says Friends of Science Society in Podcast and New Report (PR Newswire)
- — Global Uranium Corp. Announces Proposed Share Consolidation (GlobeNewswire)
- — Naturgy renegocia 2.000 millones de gas ruso para evitar cortes en España (Expansión)
- — Parex Resources Announces Q2 2026 Results, Highlights Strong July Production, Reaffirms Step-Change Guidance, and Declares Q3 2026 Dividend (GlobeNewswire)
Analysis — what this means
Sectors affected
- Canadian energy sector
- climate policy
Historical parallels
- Canada's withdrawal from the Kyoto Protocol (2011)
- Alberta's carbon tax repeal (2017)
Sources
- Net Zero Pillars Collapse but "The Green Grendel" still Haunts Canada's Economy says Friends of Science Society in Podcast and New Report — PR Newswire
- Parex Resources Announces Q2 2026 Results, Highlights Strong July Production, Reaffirms Step-Change Guidance, and Declares Q3 2026 Dividend — GlobeNewswire
- Global Uranium Corp. Announces Proposed Share Consolidation — GlobeNewswire
- Naturgy renegocia 2.000 millones de gas ruso para evitar cortes en España — Expansión
Related cases
- Friends of Science Society's report challenges Quebec's decarbonization strategy, warning of high costs and urging a shift back to carbon‑intensive energy for national security
- Friends of Science urges OSFI to reconsider climate risk guidelines amid possible Keystone XL revival
- Friends of Science Society warns that Canada's $1 trillion net-zero grid expansion risks grid reliability amid rising wildfire threats
- Friends of Science Society challenges UN-affiliated group to a public debate on climate and net-zero energy policies