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View Elizabeth May Profile
GP (BC)
View Elizabeth May Profile
2020-02-25 23:27 [p.1593]
Mr. Speaker, there are a handful of people in the House who I know have actually read and understood the IPCC 1.5°C report and I know that, as a scientist, he is one of them. If anybody else wants to learn more, I recommend my friend.
The stranded assets issue of unburnable carbon is huge. The world of climate finance is gaining ground, with people like Mark Carney, who has now been named by the UN Secretary-General as a special envoy on climate finance around the world.
Another source, again not someone one associates with eco-action, is Jeff Rubin, former chief economist with CIBC World Markets. He has said the same thing as Jeremy Rifkin from the U.S. Jeff Rubin said that when the stranded assets start emerging, when we have to see slashing of fossil fuel dependency, one of the first sectors and one of the first regions of fossil fuel production to close down and be left with bankruptcies is going to be the oil sands.
Therefore, we need to protect fossil fuel workers from our investing in a non-future for them. We have to invest in a real future for them, for their jobs, for their kids, and again, for a hospitable climate to support us all through to the end of this century. It is still a gamble whether we can pull it off, but if we pretend to be grief-stricken by a sensible decision to stop Teck Frontier, we have a long way to go to get to real climate action.
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