Canadian Fuels Association vice-president Carol Montreuil talks balance and carbon capture initiatives at House of Assembly
Consumers will have to pay far more for goods in the coming years because of climate change policies that discourage the burning of fossil fuels, warns an industry association., had dire predictions for New Brunswick politicians on Tuesday when he appeared before the legislature’s standing committee on climate change.
In presenting his warnings, the official built a case that sounded similar to the argument Progressive Conservative Premier Blaine Higgs has been making since coming to office: while the threat posed by climate change is real, New Brunswick has to be realistic about transitioning from fossil fuels to other, more expensive forms of energy.
“During World War II there was a sense of urgency, so people pulled up their socks and did what had to be done,” the politician said. “I don’t feel I’ve heard that from you enough.” Montreuil cited a recent RBC report that outlined what it would cost Canada to transition to a net-zero carbon economy by 2050 and fulfill the nation’s part in halting greenhouse gas emissions and saving the planet from global warming.
He also pointed out that in European countries that have made the biggest strides in switching their grids to renewable energy — Denmark and Germany — they are now paying 50 cents a kilowatt-hour for electricity, about four times the price in New Brunswick.
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