Saturday, April 4, 2020

Opportunities Exist



During this time of crisis, it is easy to forget other, equally vital issues and the fact that the problems we currently confront do not exist in isolation. Climate change and the myriad emergencies it has spawned are not going away. Two letters in the print edition of the Toronto Star suggest that the opportunities presented by Covid-19 should not be ignored:
Fight for the climate, not oil companies

Toronto Star 4 Apr 2020


Many oil and gas companies are suffering because of COVID-19, losing workers and business as the price of oil plunges.

Giving them a bailout package would allow them to recover their losses and help minimize the damage they will incur due to the global pandemic. However, funnelling money into these companies would not be beneficial to our environment in the long run.

The oil and gas industry is responsible for releasing greenhouse gases into our atmosphere, which is a major contribution to climate change. Instead of bailing companies that do more harm than good to our health and environment, the federal government should focus on strengthening our climate action plan.

Canada needs to concentrate on reducing emissions, not helping them grow. The energy sector will improve eventually, but the same cannot be said for our ailing planet, if we continue to put it in the back seat when making financial decisions.

Canada has a choice, and I urge it to make the choice that will lead us to a healthier future.

Azhar Ali, Toronto

Let’s own our oil, or at least shares in Big Oil firms

Toronto Star 4 Apr 2020

I find it heartening that some members of the federal Liberal caucus have dared to question the agenda of Big Oil without being ostracized.

We are hearing about a possible big bailout of the oil industry. I urge the government to do what U.S. president Barack Obama should have done in the big financial meltdown, what Canada ought to have done in the auto industry bailout: Provide a bailout, but take an equity position and corresponding membership on the boards of directors in the industry.

Use the bailout funds to support workers in transition to sustainable jobs, while at the same time winding down the industry in the public interest. Reopen a few mothballed refineries and ensure that an ever-dwindling supply of oil is refined here and used here as we move to electric transportation powered by renewable energy.

The oil industry really ought to pay us for the unbelievable damage it has done to our environment while sucking out the resources.

We know government is ultimately going to pay for its short-sightedness in subsidizing (for years) an industry that was rendering our planet uninhabitable. We are all going to pay.

So let’s face the music now, when Canadians are showing tremendous resilience and willingness to pull together in the face of emergency.

Sue Craig, Toronto

2 comments:

  1. I don't know if we're politically or economically constituted to respond to a crisis of this magnitude, Lorne. How many Canadians would settle for just about anything if only this crisis would go away? How many wouldn't be more than content, even delighted, to go back to where we were just four months ago? How much enthusiasm will we be able to muster for the sort of inevitably dislocative change we so badly need? I think "same old, same old" will retain its appeal.

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    1. You are likely right, Mound, in which case the nightmare scenario we are currently experiencing is simply a foretaste of even worse to come.

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