Letter to my Member of Parliament and the Parliamentary Budget Officer asking that future Parliamentary Budget Office reports on the economic impact of the federal carbon pricing takes into account the economic, health and environmental costs of climate change.
Letter to my Member of Parliament and the Parliamentary Budget Officer asking that future Parliamentary Budget Office reports on the economic impact of the federal carbon pricing takes into account the economic, health and environmental costs of climate change.
Letter to my Member of Parliament and the Parliamentary Budget Officer asking that future Parliamentary Budget Office reports on the economic impact of the federal carbon pricing takes into account the economic, health and environmental costs of climate change.
Dear Mr. Yves Giroux (Parliamentary Budget Officer)
Dear MP Alexandra Mendés (Brossard & Assistant Deputy Speaker of the
House of Commons)
am a member of Canada's Citizens’ Climate Lobby. We aro grateful for
the service of our parliamentarians and the Parliamentary Budget Office
(PBO). We are in a climate emergency and an affordability crisis at the
same time. How lucky we are to have a PBO to guide Canadians and
politicians.
Evidence-based policy is an essential component of a healthy democracy.
Over the years the PBO reports have guided us tremendously in building
the political will ora liveable wortd
‘We appreciate that economic forecasting is complex and a moving target.
‘And we duly noted that on page 7 of your recent report: A Distributional
‘Analysis of Federal Carbon Pricing under A Healthy Environment and A
Healthy Economy (March 24, 2022) that you clearly state the following:
"The report does not attempt to account for the economic and
‘environmental costs of climate change."
We are making a polite request of the PBO and our Parliamentarians:
‘That future PBO reports on the economic impact of the federal carbon
pricing policy take into account the economic, health and environmental
costs of climate change and Canada doing our fair share in keeping the
global temperature rise below 1.5C by 2030.
Since the publication of your report there have been two Canadian reports
‘on the economic impacts of climate change that might help in future
analysis:THE PHYSICAL COSTS OF CLIMATE CHANGE: A Canadian Perspective,
(April 2022) from the Institute for Sustainable Finance. The data reveals
that under multiple ising warming scenarios, the associated physical
costs grow dramatically, with 2030, 2050, and 2070 being inflection points.
DAMAGE CONTROL: Reducing the costs of climate impacts in Canada
(September 2022) from the Canadian Climate Institute. They found that the
economic impacts of climate change impact all households. The good
news that If global emissions reductions in line with a low-emissions
‘scenario are achieved, the total costs could be cut by three-quarters.
In your future reports on Canada’s carbon pricing policy, please consider
using the above two resources to incorporate more details on overall costs
relatec to the impacts of climate change, on the economy, on the health of
all Caradians and on the environment.
‘Thank you for taking the time to read this letter,
Truly,
Sinceraly,
\S<
George Stamatis
2000-02 YPA My Understanding & My Opinion of The History and The Present Situation About The (Il) Legality of Using The Secure Units Under The Youth Protection Act