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Monday, June 6, 2011

Christopher Hume: Misuse of natural resources is stealing our kids' future (in the Toronto Star)

Stewart Elgie is a University of Ottawa professor who chairs Sustainable Prosperity, a green economy think tank. He says we are "stealing from our kids".

"... Elgie’s report, Advancing the Economics of Biodiversity in Canada, to be released Monday, argues that market forces could be the answer to the country’s environmental crisis, not the cause.

"He uses the example of coal power, which generates one quarter of the electricity used in Ontario, as well as much of the province’s air pollution: “The cost of air pollution to the health system is $9 billion annually,” Elgie notes. “But we don’t pay that cost, so we think coal is cheaper than solar and wind power.”

"The same logic applies with water. As he says, “Charging the real price of water would help conservation enormously.” In Britain, where water costs three times as much as it does in Canada, people use one third as much as we do.

"And let’s not forget other natural features we take for granted — trees, swamps, wetlands, fields and so on."

Full article: Hume: Misuse of natural resources is stealing our kids' future.

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