Statement – The Environment and the Economy

Elizabeth May: Mr. Speaker, on January 21 in his inaugural address, United States President Barack Obama said the following:

We will respond to the threat of climate change, knowing that the failure to do so would betray our children and future generations. Some may still deny the overwhelming judgment of science, but none can avoid the devastating impact of raging fires and crippling drought and more powerful storms.

In the same vein, the head of the International Monetary Fund, Christine Lagarde, spoke in Davos and identified the threat of climate change as a more significant economic threat than global economic instability. Finding a future path forward, President Obama called for U.S. leadership saying:

We cannot cede to other nations the technology that will power new jobs and new industries, we must claim its promise.

So too must Canada. With a potential $60 billion in the clean tech sector, we should be seizing the leadership and addressing the climate crisis.