Why Canada Will Benefit From Climate Change

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-signaling, other countries’ commitments are honored 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 percent 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 benefits from our inability to export energy overseas. Three barely tolerate his presence. And the fourth, Donald Trump, has abandoned the Paris accord.

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 defenses 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.

Read more at Financial Post