A new report from the Canadian Climate Institute finds damages are already adding up quickly from floods, fires, heat, and hurricanes and it finds by 2025 climate change will slow the country’s economy by $25 billion a year.
In the aftermath of Hurricanes Fiona and Ian battering the East Coast and leaving a path of destruction, we’re getting a better idea of the consequences of climate change in today’s world.
The Canadian economy is not the only thing being affected. It also finds individual households are feeling the pinch. She adds in a bid to cover the costs of changing climate, Miller says it’s very likely governments will raise taxes. “It’s really a whole mix of things coming together to really hurt household affordability.”“Some regions are particularly hit hard. We find that Alberta is hit hard by extreme weather events and that the north of Canada is hit particularly hard, but this is really something that affects all regions of the country. B.C.
The number crunching of climate change is possible, but Miller says there are costs that are being overlooked.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Report warns of financial fallout from climate change in CanadaA new report from the Canadian Climate Institute finds damages are already adding up quickly from floods, fires, heat, and hurricanes and it finds by 2025 climate change will slow the country’s economy by $25 billion a year.
Read more »
Canada’s climate goals can only be achieved if animal agriculture is part of the pictureOPINION: Canada’s climate goals can only be achieved if animal agriculture is part of the picture, beef researcher Kim Stanford argues. Vast reductions in meat consumption are not required to meet Canada’s climate goals.
Read more »
Letters to the editor: ‘I have never experienced elsewhere the guilty-until-proven-innocent behavior … when entering Canada.’ How to stand up to border guards, plus other letters to the editor for Oct. 1‘I have never experienced elsewhere the guilty-until-proven-innocent behavior … when entering Canada.’ How to stand up to border guards, plus other letters to the editor for Oct. 1
Read more »
B.C. Climate News Sept. 26 to Oct. 2: Drought levels high in parts of B.C. | A report finds climate impacts could tank Canada's economy without financial support | Study finds that climate change contributed to Ian's rainfallHere\u0027s your weekly roundup of climate change news for the week of Sept. 26 to Oct. 2, 2022.
Read more »
King Charles III decides not to attend climate summitKing Charles III has decided not to attend the international climate change summit in Egypt next month.
Read more »