An industrial strategy represents the best opportunity to make the shift to the zero carbon economy needed to avoid the risks and disruptions expected as climate change gets worse. That’s the conclusion of environmental campaigner Andrew Simms in an op-ed in the Guardian this week.
A recently released research paper from the United Steelworkers (USW), The Case for Canada’s Steel Industry, raises a couple of concerns that need to be part of any decision around supporting the steel industry in Canada.
A new study, from economists at University College London shows the impact dealing with climate change could have on Canada and other countries.
Like other researchers, the authors of the study argue that curbing climate change means roughly two-thirds of fossil fuels need to stay in the ground. This finding is similar to the findings of other research on what needs to be done to keep the average global temperature rise from greenhouse gas emissions below two degrees Celsius.
A recent article from Blue Green Canada warned that the failure of the federal government to encourage a transition to a green economy will have consequences. One estimate suggested that low carbon goods and services could mean 400,000 jobs. It has also been suggested that when the increasing impact of climate change forces governments to take drastic action there will be much less demand for Canadian oil.