Money: Joe Oliver: Here’s a truth few dare to utter: Canada will benefit from climate change - PressFrom - Canada
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MoneyJoe Oliver: Here’s a truth few dare to utter: Canada will benefit from climate change

13:31  15 august  2019
13:31  15 august  2019 Source:   financialpost.com

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The greatest benefit from climate change comes not from temperature change but from carbon dioxide itself. It is not pollution, but the raw material from which plants make carbohydrates and thence proteins and fats. As it is an extremely rare trace gas in the air — less than

One of the Best Motivational Speech from Dr. Joe Dispenza and Ed Mylett If you struggle and have a hard time , consider taking an online therapy session with You can change this preference below.

Joe Oliver: Here’s a truth few dare to utter: Canada will benefit from climate change© Saul Loeb/AFP/Getty Images Canada is a very large, cold country, with 90 per cent of its population huddled within 100 miles of its southern border and an enormous agricultural potential if the land warms up.

Editor’s note: The opinions in this article are the author’s, as published by our content partner, and do not necessarily represent the views of MSN or Microsoft.

Why should Canada fight climate change?

Finally, someone proclaimed an obvious truth that few dare to utter publicly. According to Moody’s Analytics, Canada will benefit from climate change. Although it will shock many, this forecast should surprise no one. Canada is a very large, cold country, with 90 per cent of its population huddled within 100 miles of its southern border and an enormous agricultural potential if the land warms up. There will also be new opportunities for oil, gas and mineral development in the Arctic. And let’s not ignore the greater personal comfort of living in a more hospitable climate.

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Climate change is going to suck for every country on the planet. But it may suck slightly less for Canada . But here ' s the thing: life won't be all that pleasant for many Canadians . And northern countries like Canada could see economic benefits from warmer temperatures.

Could we cure climate change ? Geoengineering researcher Tim Kruger wants to try. He shares one promising possibility: using natural gas to generate electricity in a way that takes carbon dioxide out of the air.

According to a CBC story about Moody’s study, “when all the changes to things like tourism demand, crop yields and the growing season are factored in, there’s a slight net positive.”

Assuming a one-degree Celsius temperature rise, Moody’s calculates that our economy would be unaffected in 2048. A rise of 2.4 degrees would increase GDP by 0.1 per cent and four degrees would boost it by 0.3 per cent. Not much, but still positive, and certainly not the terrifying calamity we are warned to expect.

Time to transition to a just low-carbon economy

Time to transition to a just low-carbon economy The global climate crisis is real. Canada is warming at twice the global rate. Recent polls show the majority of Canadians are very concerned about climate change, even while unsure of carbon pricing. But while evidence of climate change is becoming harder to deny, we are running out of time to make a just transition to a low-carbon economy. Around the world this past year, millions of students have walked out of school and dozens of global cities have declared climate emergencies. The disproportionate impact upon racialized communities and Indigenous people is well-documented.

Here ’ s how Oliver ’s talking points, delivered Sunday during an interview on Global News’ The West Block with Tom Clark, fall flat […] In an interview lasting less than four minutes, Minister of Natural Resources Joe Oliver managed to utter six falsehoods or exaggerations about TransCanada’s

See here , here , and here . Oliver cites a study from the Columbia Center on Global Energy Policy, tracing the sources of coal’ s woes. Oliver mentions that coal executives are getting bonuses even as they seek to jettison pension and health benefits owed to retired miners.

The impact on farming, however, would be dramatic. In the three Prairie provinces alone, an area more than twice the size of France, arable land could increase between 26 and 40 per cent by 2040, according to Agriculture and Agri-Food Canada. With improvements in farm technology, drought-resistant crops and new harvesting methods, Canada would have a wonderful opportunity to help feed a hungry world. And not a moment too soon: according to the UN’s Food and Agriculture Organization, agricultural output needs to increase by 50 per cent over the next 30 years to keep pace with world population growth.

Paradoxically, Canada is imposing burdensome costs and regulations to try to prevent what for us would be beneficial warming. But let’s not be so selfish. Other countries will be hurt by climate change, so we need to do our part as good global citizens. Unfortunately, at only 1.6 per cent of global GHG emissions, Canada cannot achieve a measurable impact on global temperatures, even if it met the latest UN Intergovernmental Panel on Climate Change target, which would devastate our economy.

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The Intergovernmental Panel on Climate Change (IPCC) has today published a special report looking at the impacts that are likely if the world warms by 1.5°C. This is a crucial question, because 1.5°C was the target that almost all the world' s governments agreed to in 2015. We waited, and here we are.

Here is where Trump’ s cabinet nominees stand on climate change . Environmental Protection Agency: Scott Pruitt. The Oklahoma attorney general has been a longtime adversary of the EPA and a close friend to the fossil fuels industry.

OK, we cannot make a practical difference, but surely we have to try, if only as a symbol of our determination to help the world counter an existential threat. Mind you, that is tantamount to elevating a meaningless gesture to a moral imperative. Moreover, once you get past all the doomsday prophesying and virtue-signalling, other countries’ commitments are honoured mainly in the breach, as global emissions continue to rise.

In a last-gasp rationale for sacrifice to the climate gods, we are urged to serve as a shining example of rectitude, presumably to inspire or shame others into action for their own good. Now we have truly arrived in fantasyland. Does anyone seriously imagine Canada can convince the four biggest carbon emitters, China, the U.S., India and Russia, who together are responsible for 57 per cent of global emissions, to follow our example of sequestered resources and undermined prosperity? The prime minister’s hectoring has zero influence on his counterparts. Two benefit from our inability to export energy overseas. Three barely tolerate his presence. And the fourth, Donald Trump, has abandoned the Paris accord.

Environment groups warned saying climate change is real could be partisan

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This is because climate change is expected to increase the frequency of extreme weather events - though linking any single event to global warming is complicated. Scientists forecast more rainfall overall, but say the risk of drought in inland areas during hot summers will increase.

Truth -O-MeterTM. However, Zhou told the Daily Telegraph that the climatic changes from wind farms paled when compared to the impact of manmade global warming. The statement contains some element of truth but ignores critical facts that would give a different impression, so we rate it

Meanwhile, we are not doing what we can to address extreme weather, which directly and severely harms our economy and endangers Canadians. According to the Insurance Bureau of Canada, insured damages for extreme weather events amounted to $1.9 billion last year, with an estimated triple that for damage to public infrastructure.

Our focus needs to be on adaptation, reduction and protection, as well as on building resilience and increasing survivability. Initiatives could include: new land-use plans and building codes; incentives for moving homes and businesses away from high-risk areas, especially coasts; constructing flood defences and raising the levels of dikes; developing drought-tolerant crops; making forests less vulnerable to storms and fires and setting aside land corridors that permit species migration. Other collaborative strategies are early warning systems, co-ordinated emergency preparedness and public education about insurance protection and flood- and fire-prevention best practices.

Right now our overall approach is piecemeal. Canada badly needs competent leadership rather than dead-end ideological obsessions, rent-seeking and bureaucratic empire-building. We have witnessed the current government’s ineffective reaction to this pressing environmental challenge. Leading into the election, the other party leaders, and especially Andrew Scheer, head of a government-in-waiting, should tell Canadians how they would take it on differently, possibly with a federal-provincial-municipal action plan.

Instead, the House of Commons declares a “National Climate Emergency,” the emperor struts around with invisible policy clothes and the official climate jeremiad simultaneously scares our children and encourages progressives to seek an ever-larger role for an all-knowing government. Things will go very poorly for both the economy and the environment if we stubbornly continue to work against the national interest, pursue unachievable objectives, posture to unimpressed foreigners and inadequately prepare for extreme weather. Alas, the disconnect between belief and reality seems destined to endure for some time.

Joe Oliver served as minister of natural resources and minister of finance in the Harper government.

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