“Investors are increasingly aware of the risks on their returns if they support concerns that do not have realistic strategies to deal with transition, and for this reason also it is hazardous to our economy to continue to promote oil production,” writes Marylee Banyard. Photo: Bill Metcalfe

“Investors are increasingly aware of the risks on their returns if they support concerns that do not have realistic strategies to deal with transition, and for this reason also it is hazardous to our economy to continue to promote oil production,” writes Marylee Banyard. Photo: Bill Metcalfe

LETTER: Conservatives, please admit that carbon pricing works

From reader Marylee Banyard

While I am relieved that the Conservative Party of Canada is developing a climate change plan, I also have some concerns regarding their approach.

Much of the current disruption is caused by our overuse of fossil fuels, and for that reason it is imperative that all parties collaborate to transition to clean energy.

Investors are increasingly aware of the risks on their returns if they support concerns that do not have realistic strategies to deal with transition, and for this reason also it is hazardous to our economy to continue to promote oil production. Carbon pricing has actually been shown throughout the world to be effective in reducing the use of carbon. It does work, and should be acknowledged. It puts companies in a better position to deal and compete globally. A healthy climate is a financial gain for business and a necessity for our health. Carbon pricing, giving money back to tax payers, is proven to be the best way to go by the Pembina Institute.

It is dangerous for us to continue to build infrastructure for oil on the pretext of supplying developing countries with “clean” fuel. On the one hand it would lock in the energy choices of client countries over the long term, which could delay their transition to a low carbon economy, and it could leave us holding unwanted and expensive infrastructure ourselves as the younger economies achieve their own independence. We need, rather, to support these countries to leapfrog over out-dated energy sources, which they are trying to do, and capable of doing.

The boost to our economy of job transition has been stated many times.

As our part of our post-COVID recovery plan we urgently need to transition out of fossil fuels, which are such a threat to our health and economy.

Marylee Banyard

Nelson

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

A mushroom grower plans to plan new mushrooms in fallen trees in the Kaslo Community Forest. File photo
Kaslo mushroom farmer given green light for unique project

Robin Mercy will plant mushrooms in the Kaslo Community Forest

Nelson dancers Glynis Waring, Slava Doval and Amanda Papailhou, and musician Nella Banner, premier Respired on April 11. Photo: Submitted
New dance work the latest online offering from Capitol Theatre

Local performers will unveil Respired beginning April 11

B.C's COVID-19 dashboard shows the peaks and valleys of cases prior to the record daily report of 132 on April 9, 2021. (Dashboard image)
Interior Health has record day of COVID-19 cases

132 cases reported Friday, April 9, more deaths in Vernon hospital outbreak

B.C. Health Minister Adrian Dix and Premier John Horgan describe vaccine rollout at the legislature, March 29, 2021. (B.C. government)
1,262 more COVID-19 infections in B.C. Friday, 9,574 active cases

Province’s mass vaccination reaches one million people

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

People walk past the Olympic rings in Whistler, B.C., Friday, May 15, 2020. Whistler which is a travel destination for tourists around the world is seeing the effects of travel bans due to COVID-19. THE CANADIAN PRESS/Jonathan Hayward
Adults living, working in Whistler, B.C., eligible for COVID-19 vaccine on Monday

The move comes as the province deals with a rush of COVID-19 and variant cases in the community

RCMP crest. (Black Press Media files)
UPDATE: RCMP investigating after child, 6, dies at motel in Duncan, B.C.

The BC Coroners Service is conducting its own investigation into the circumstances around the child’s death

RCMP display some of the fish seized from three suspects who pleaded guilty to violating the Fisheries Act in 2019, in this undated handout photo. THE CANADIAN PRESS/HO - RCMP
3 banned from fishing, holding licences after overfishing violations near Vancouver Island

Mounties seized the group’s 30-foot fishing vessel and all equipment on board at the time

B.C. Premier John Horgan responds to questions during a postelection news conference in Vancouver, on Sunday, October 25, 2020. British Columbia’s opposition Liberals and Greens acknowledge the COVID-19 pandemic has presented huge challenges for Horgan’s government, but they say Monday’s throne speech must outline a coherent plan for the province’s economic, health, social and environmental future. THE CANADIAN PRESS/Darryl Dyck
Horgan’s NDP to bring in throne speech in B.C., Opposition wants coherent plan

Farnworth said the budget will include details of government investment in communities and infrastructure

FILE - An arena worker removes the net from the ice after the Vancouver Canucks and Calgary Flames NHL hockey game was postponed due to a positive COVID-19 test result, in Vancouver, British Columbia, in this Wednesday, March 31, 2021, file photo. As vaccinations ramp up past a pace of 3 million a day in the U.S, the NHL is in a tougher spot than the other three major North American professional sports leagues because seven of 31 teams are based on Canada. (Darryl Dyck/The Canadian Press via AP, File)
Vancouver Canucks scheduled to practice Sunday, resume games April 16 after COVID outbreak

Canucks outbreak delayed the team’s season by eight games

Most Read