A Greener Industry Strategy

In September, Canada’s Environment Commissioner tabled a report that found the 2005 Liberal climate change plan would never have reduced greenhouse gas emissions below 1990, as they promised.

Stephen Harper recently announced the Conservative’s plan to undertake more consultations, and what amounts to a 5 year delay before any serious progress will be made to clean up the environment.

Canadians know that we can't afford further delay or inaction on climate change and the environment. We know the threats of global warming caused by greenhouse gas pollutants. We know the health-threats caused by smog and
toxics. We know that our emissions are going in the wrong direction - up by over 25%, not down. We know that smog days are becoming more
frequent, not less.

Industry is one of Canada’s largest greenhouse gas emitters. A climate change strategy must include action by industry to reduce its emissions. The good news is that the technologies exist to make these changes and that other jurisdictions have demonstrated that serious resolve can yield
serious results.

More about our Greener Industry Strategy

Industry is responsible for nearly 50 per cent of all greenhouse gas emissions in Canada and has a responsibility to take action to
reduce its emissions.

The NDP Greener Industry Strategy includes the following:
• Help large industrial companies make the transition to sustainability with energy audits paid for by the government, resulting in permanent reductions in energy bills; and assist these companies in making sustainable
change by using funds collected through the auction of emission credits.
• Support and utilize Industry Associations to ensure that best practices of these industries are shared and promoted. Additionally, introduce tax incentives for large emitters to use today's technology to reduce emissions.
• Give fair notice to large emitters that, starting in 2008, permissible emissions will be capped and the cap will be annually reduced with an eventual goal of a 50 per cent reduction in emissions by 2030.
• Introduce a market-based auction for available emission credits in 2009, with credits divided among sectors. At the outset, the auction will cover less than 10 per cent of available credits, with a goal of all emission credits sold by auction by 2030. Proceeds from the sale of emission credits will go to sustainability projects.
• View the industrial sector as a source of energy, and invest in co-generation, with special emphasis on biomass, with a priority given to provinces without a surplus of hydro-electric power.
• Mandate the petroleum industry to meet World Fuel Charter standards and improve the cleanliness of petroleum and diesel; work with the auto and petroleum industry to ensure that access to alternative fuels expands with the
availability of alternative fuel vehicles.
• Stop tilting the marketplace towards unsustainable energy and, over four years, stop government subsidies and tax breaks for unsustainable energy.
• Establish minimum standards for efficiency in the use of fossil fuels for electrical production, including co-generation in order to improve Canada’s generation efficiency from its current 30%.

Impacts and Costing

Within seven years, the Greener Industry Strategy would reduce greenhouse gas emissions by 74 megatonnes and create thousands of jobs. New expenditures in these proposals would cost $181 million per year, however,
according the Pembina Institute, Federal tax breaks and subsidies to the oil industry are in excess of $1.4 billion a year. Because of this the Greener Industry Strategy would actually save the Federal Government over $1.2
billion each year.

This Update from Libby was posted on October 1, 2006