The groups say the bill, known as the Canadian Net-Zero Emissions Accountability Act, may not be perfect, but it can be improved on in the future. Stalling it would be much worse for Canada’s climate plan, they say in a letter.
Emerging Analyses of Road To Net-Zero 2050 Suggest Hits to Economy, Biodiversity
News Analysis
New analyses show the road to net-zero emissions by 2050 comes with significant but poorly understood economic and environmental costs. While efforts to quantify these impacts are starting to take shape, concerns are mounting over how to source the building blocks for the green economy.
Oxford Economics (OE) senior economist Dan Moseley told The Epoch Times that economic analysis of the path to net zero by 2050 is relatively underdeveloped, despite progress on developing climate scenarios made over the last year by bodies like the Intergovernmental Panel on Climate Change, Network for Greening the Financial System, and International Energy Agency.
“Is this an ideological reason, that people didn’t want to vote on the Greens (amendment) but are ready to vote on the government’s? I’m wondering,” said Bloc Québécois MP Monique Pauzé.
With just five weeks to go until the House of Commons powers down for the summer which, as Process Nerd notes, works out to just 22 sitting days, of which only 17 can be devoted to government business the most time-sensitive item on Team Trudeau’s to-do list is Finance Minister Chrystia Freeland’s omnibus budget bill, the only piece of legislation that must make it to the finish line before the June 23 deadline.
A brief recap, for those who may have lost track of its inexorably slow progress through the House: Although the 366-page opus first hit the parliamentary docket on April 30, it’s still inching its way through second reading, which means it hasn’t even made it through its first make-or-break vote.
Process Nerd: What’s on Team Trudeau’s pre-summer legislative list? By Kady O Malley. Published on May 18, 2021 1:20pm The West Block of the Parliament buildings is reflected in the Bank of Canada building on May 12. (Jolson Lim/iPolitics)
Let’s start with some basic parliamentary math.
When the House reopens for business next Tuesday, there will be 22 sitting days left on the clock until the start of the summer recess, which, under pre-set Commons protocols, will automatically kick in on June 24.
A quick check of the most recent order paper confirms that, as of last Friday, there were five opposition days to be scheduled between now and June 23, which is the final day of the current supply cycle. That reduces the maximum available House time for government business to just 17 sitting days assuming, that is, there’s no cross-aisle deal to shut the chamber down a few days earlier.