Turning the calendar to 2022 notches Canada closer to its goal of net-zero carbon emissions by 2050. Although one major Canadian bank believes the target is affordable and achievable in this time frame, some analysts suggest that Canada faces nearly insurmountable economic and practical hurdles on this path, which they note also has enormous downsides. Ian Lee, a business professor of 33 years at Carleton University, says most environmentalists who tout the net-zero goal have not done the kind of homework he demands of his students. “Show me the money, show me the data,” Lee said in an interview. “It’s not that I’m against the idea of decarbonization. That’s not my point at all. It’s that people are shouting slogans: ‘Decarbonize!’ and ‘Net zero carbon 2050!’ And nobody says, ‘OK, how are we going to get there and what numbers are involved?’ It’s just sloganeering. It’s not evidence-based.” RBC Report …
Net Zero by 2050? The Cost May Be More Than Canada Can Bear, Some Say
January 6, 2022
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