How Will GLBI Affect the Climate Emergency?

The climate crisis is impacting Canada every day. Environmental crises like floods, wildfires, and drought are on the rise and that trend will continue. Industry needs to change and the people who work in those industries need to be supported through the transitions. GLBI will create an adaptive economy that prioritizes the wellbeing of all people and the planet.

Our climate is in crisis. The last eight years were the hottest on record and scientists predict that we are likely to breach the 1.5C climate threshold before 2030. Environmental disasters like floods, wildfires, and drought are on the rise and that trend will continue. We need to address the climate crisis now.

Income inequality drives wasteful carbon emissions. A recent Oxfam study estimates that the richest 1% of people produce more carbon emissions than the poorest 66% combined. Meanwhile, our taxation system is set up to benefit the ultra-rich, robbing us of the robust social support systems necessary to build thriving communities.

A GLBI would create the economic stability necessary to facilitate a just transition. Workers in extraction industries would have financial security while transitioning to new industries, and the safety net necessary to opt out of work they find ethically or environmentally destructive, forcing industries to adapt.

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