Environment Forum

Showcase, don’t shun, economics of climate at G20

By Dr. David Suzuki
June 25, 2010

G20/PROTEST

– Dr. David Suzuki is a Canadian scientist, broadcaster, author, and co-founder of the David Suzuki Foundation.  Any views expressed here are his own. –

For the past two years, the global economy has been at the top of peoples’ minds. And so has the environment.

Indeed, most people probably care about both. The fact is these two issues are inextricably linked. As we’ve seen after the economic meltdown, we tend to focus on them as if they are separate.

On the heels of the U.N. Conference on Climate Change last December in Copenhagen, climate change remains a major concern and now often dominates meetings of international heads of state, including the G8 and G20 summits.

This G20 Summit in Toronto would be the perfect time to address climate change policy given that Canada might be the industrialized country most at risk of climate change. However, our prime minister is not up to that task. Stephen Harper’s desire to deal with anything but climate change at the G8/G20 meeting is palpable. This Canadian government has consistently treated climate change like a minor but persistent sideshow rather than an issue warranting urgent international diplomacy.

With the urgent need to establish meaningful climate policies being pressed by many leaders heading into the G8/G20 – even in the face of a fragile global economy– Canada’s government needs to take a fresh look at the debate around the economy and climate change.

For years, the scientific evidence of human-induced climate change has been compelling. Each year we are surprised at the speed with which nature responds to small thermal changes. The impending consequences of climate change loom as the greatest challenge that has ever confronted humankind and it’s all of our own making.

We are a northern nation and for two decades, the Inuit indigenous people of Arctic Canada have been telling us they can see the effects and are urging action. With the longest marine coastline of any country, Canada’s coasts will be transformed by sea level rise from both thermal expansion and ice sheet melt. Our economy remains heavily dependent on climate-sensitive sectors like agriculture, forestry, fisheries and tourism. And as a wealthy nation, our action (or inaction) serves as a model for the developing world.

Historically, governments have been like penguins about to leap into the ocean, waiting till others take the first plunge for fear of predators. So we are reticent to take even the first steps to meaningfully address climate change. On one level this is quite understandable. The perception among politicians, fed by the PR pronouncements of the fossil fuel industry, is that meaningful action to combat climate change involves huge risks – economic, social, and, of course, political. What’s more, the payoff comes only later – long after the politicians who took decisive action are no longer in office.

Contrary to the received wisdom in Canada, most projections paint a very positive picture for economic growth and job creation for jurisdictions that do choose to address climate change in a meaningful way.

For instance, by putting a price on carbon emissions, Canada’s economy would grow aggressively well into the double digits nationally and in every province over the next 10 years even if our biggest trading partners do not match the price Canada sets.

That’s what a recent study conducted by the David Suzuki Foundation and the Pembina Institute shows, which mirrors what every other government and private sector analysis has found as well.

The reasons for this positive outcome are fairly straightforward. Less than one-third of Canada’s economy is composed of carbon intensive industries such as the auto and aerospace manufacturing sectors. Even Alberta and Saskatchewan, Canada’s two most carbon-intensive provincial economies, would fare very well under an aggressive climate policy. Our study shoes that Alberta’s growth would still remain by far the strongest in the country.

Job creation would continue at a pace of 11 percent, which is the current national job growth rate. Jobs would not be lost because there would be a substantial cut in the personal income tax rate funded by the revenue from a carbon price. Moreover, the large-scale introduction of green technologies which, as other G20 nations recognize, creates jobs.

Critics and the Canadian government point to a tiny short-term slowdown in the rate of GDP growth, which would accompany the decarbonization of the economy, as the basis for rejecting climate change.

If the international heads of state assembled in Toronto this weekend for the Group of 20 nations summit could have a conversation with their great grandchildren at the end of this century, they would surely tell them that shaving a fraction off the rate of short-term GDP growth is a mere pittance to pay in return for what will be gained by addressing climate change once and for all.

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Photo shows a woman holding a sign during a demonstration for indigenous sovereignty ahead of the G8 and G20 summits in downtown Toronto, June 24, 2010.  REUTERS/Mike Segar

Comments
6 comments so far | RSS Comments RSS

“If the international heads of state assembled in Toronto this weekend for the Group of 20 nations summit could have a conversation with their great grandchildren at the end of this century, they would surely tell them that shaving a fraction off the rate of short-term GDP growth is a mere pittance to pay in return for what will be gained by addressing climate change once and for all.”

In this age of instant gratification, you expect our politicians (any nation) to risk their political ambitions for the chance of leaving a legacy to their grandchildren? Very noble gesture, Mr. Suzuki, but not workable, unfortunately.

Posted by doctorjay317 | Report as abusive
 

Oh ist good…how about HangSeng Index???

Posted by JenryIndex | Report as abusive
 

Dr. David Suzuki has to rank as one the biggest frauds ever to emerge from Canada, a mountebank on a par with Al Gore, the so-called ‘ozone man’. Pay heed to neither of these charlatans, as they are interested only in enriching themselves at your expense.

Posted by Gotthardbahn | Report as abusive
 

Well done, Gotthardbahn. Did you copy and paste that in all by yourself?

Instead of attacking individuals, why don’t you take a look at the actual climate science and Canada’s lack of movement on this important issue?

Check out the IPCC report if you want to educate yourself about climate change http://www.ipcc.ch/.

Global warming is real. Global warming is caused by greenhouse gas emissions. There is no scientific debate on these two points: only political debate.

Posted by Think4499 | Report as abusive
 

Think4499: I wrote it all by myself. Fancy that!

Mr. Harper was successful in keeping this climate change rubbish off the G20 agenda because the climate change ship has foundered, quite literally. (You might want to look up that word, founder. It means to fill with water and sink.) For your information, sometime in the next few weeks, British scientist Mike Ulmer, one of the lead authors of this IPCC report you so grandly invoke and also the head of the climate research office at the University of East Anglia (Ground zero for Climategate, in case you haven’t heard), will be publishing an article in which he states quite clearly that this alleged consensus of 2500 scientists agreeing that global warming is caused by humans is actually the consensus view of no more than a ‘couple of dozen’ scientists at most, in his words. At this time, too, the Royal Society of England – you’ve probably never heard of them – now claims, despite years of stating precisely the opposite, that the science of global warming is, in their words, ‘not settled’. What part of that do you not understand? Other scientists associated with this global warming fraud, including the head of the IPCC itself, Dr. Pachuri, are disassociating themselves from the dogmatic rubbish you’ve displayed in your post. That’s where the real debate is nowadays – just how much of a fraud this climate change thing is and how ill-informed the average person can be. As you have demonstrated so well.

Posted by Gotthardbahn | Report as abusive
 

Gotthardbahn, there is anger and bitterness in your voice. Emotions can cloud one’s thinking process preventing sound judgment. If you do not trust the work of the IPCC then I suggest you review the voluminous work of Revell and Keeling before you continue on any further in your attacks upon the credibility of others. Scripps Atmospheric and Oceanographic Institute is where they both began their quest to find out whether the planet is warming or not over 50 years ago. If you don’t know who Revell or Keeling are than have a chat with a first year college chemistry student.

Posted by coyotle | Report as abusive
 

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