Climate Change is Costing City of Hamilton Taxpayers – Are Carbon Offset Revenue Sources Available for Ontario Municipalities?

Right now climate change mitigation is costing City of Hamilton taxpayers tens of millions of dollars every year – with no way to predict what our City’s overall exposure may be in the future.

Further, the City of Hamilton has declared a Climate Emergency with a mandate to achieve net-zero carbon emissions before 2050. Reaching this goal will require investment in technology and systems that help Hamilton transition to a net-zero carbon economy.

Hamilton taxpayers should not have to foot the bill to mitigate and address the impacts of climate change – these costs should be borne by the carbon industry and those who are generating wealth from the burning of fossil fuels.

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Councillor John-Paul Danko