Good or Bad: Trudeau Calls on Mining Industry to Help Climate Crisis

climate crisis

The coronavirus is on everyone’s minds—anxieties, fears, panic. Due to its virulence, we’ve seen the focus on climate change decrease for many—at least, in comparison to when Greta Thunberg first made her thought-provoking speech at the 2018 United Nations climate summit.

Fears over the impact the mining industry will experience from the virus have distracted the mentality that Canadian Prime Minister Justin Trudeau reiterated on Monday in Toronto—that the mining industry, though in a nerve-wracking position at the moment, is an essential partner in fighting the climate crisis.

Trudeau Calls on Mining Industry to Help Climate Crisis

On Monday, March 2, speaking to a mining convention in Toronto, Canada, Justin Trudeau reminded the crowd that the mining industry—he also talked about the national resources sector—will play a defining role in fighting climate change. The host of the convention was the Prospectors & Developers Association of Canada.

Trudeau made a call to action on Monday while presenting at the convention. He told the attendees that his government would be reaching out to various industries and businesses, in hopes of getting input on how Canada should achieve net-zero emissions by the year 2050. For those who don’t know, Trudeau committed to net-zero emissions in the 2019 election campaign.

The call to action follows the Prime Minister’s announcement that the federal government will extend the business tax deduction for equipment to cover mining developments and zero-emission vehicles.

Elsewhere in Canada

Trudeau’s climate crisis speech to the mining conference on Monday comes at an appropriate time.

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Last week, Vancouver-based Teck Resources (NYSE:TECK) canceled its application for Teck Frontier, a decision that led Chief Executive Don Lindsay to publicly cite a lack of clear policy in Canada regarding climate change legislation.

Trudeau Gets It

Moving to a low-carbon economy is going to be difficult. No one said it was going to be easy. And Trudeau isn’t shying away from that. He does, however, seem to want to reiterate that “protecting the environment” is the best way to bring in investments in Canada, and that the nation’s different industries, such as mining and natural resources, must work cooperatively to resolve the crisis and confirm climate change policies.

“Of course, we can only create a better, stronger economy for everyone if we are fighting climate change at the same time,” the Prime Minister explained.

Agree or Disagree?

What do you think about Justin Trudeau calling on the mining industry to help with the climate crisis? Do you agree that all aspects of the nation need to work cooperatively to resolve it?

Let us know what you think in the comments below!

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