A new coalition of Canadian business groups says their government’s plan to ratify the Kyoto protocol on climate change will destroy the economy. The Great Lakes Radio Consortium’s Karen Kelly has the story:
Transcript
A new coalition of Canadian business groups says their government’s plan to ratify the Kyoto
protocol on climate change will destroy the economy. The Great Lakes Radio Consortium’s
Karen Kelly has the story.
Petroleum producers, steel manufacturers and the Canadian Chamber of Commerce are among
the 25 industry groups who’ve joined together to oppose the treaty. The Kyoto Protocol would
require Canada to reduce its greenhouse gas emissions by six percent below 1990-levels over the
next 10 years.
Prime Minister Jean Chretien is calling on parliament to ratify the Kyoto Protocol by the end of
the year, but Thomas D’Aquino of the Canadian Council of Chief Executives says the plan will be
disastrous for industry.
“You can’t say there won’t be any more growth. We won’t build any more plants, we won’t build
any more factories because if you tried to do that, you’d have a revolution on your hands in this
country.
A Canadian government report estimated that the changes required could cost Canada 15-billion
dollars in lost growth and 200,000 jobs. The business leaders say it’ll be even worse.
For the Great Lakes Radio Consortium, I’m Karen Kelly.