Climate change is causing extreme weather events that threaten our well-being and cost us billions.
The economic impact of climate change in Canada is estimated to be over $5 billion by 2020 and $43 billion by 2050. Insurance claims for extreme weather events cost Canadians over $3.2 billion in 2013.
Ontario is not on track to reach its greenhouse gas reduction targets, according to Gord Miller, Environmental Commissioner of Ontario.
The Intergovernmental Panel on Climate Change (IPCC) has concluded that the warming of the Earth’s climate system is unequivocal and caused by human activities.
A growing number of economists, business leaders, academics and citizens say that putting a price on carbon pollution is the most efficient and effective way to reduce greenhouse gas pollution while creating jobs and prosperity.
Therefore, I call on the Ontario government to put a price on carbon pollution by implementing a carbon fee and dividend policy. All revenue generated by having polluters pay will be placed in a dedicated account and returned to the people of Ontario in the form of a carbon cheque.