A Parliamentary Budget Officer Report on the Emissions Cap Misses the Mark

The Environment in Canada Podcast, Episode 51 on why the Parliamentary Budget Officer ( PBO ) Report on the Emissions Cap Misses the Mark… You can also listen to this episode on The Harbinger Media Network, Spotify, Apple Podcasts, iHeartRadio, or YouTube.

We must not lose the progress we have made in reducing corporate pollution.

The Parliamentary Budget Officer report on the emissions cap is as ridiculous as a report on the costs to the economy of requiring seat belts in cars that does not account for any of the benefits of having seat belts in cars.

Right now in the U.S. decades of progress in minimizing corporate pollution is being undone. Ultra-rich corporations in the U.S. are being given free reign to pollute as much as they like. Canada can, and must, be different – not just for moral reasons but for practical and economic reasons. If we want to trade more with partners in Europe they are going to care about our climate progress.

The Office of the Parliamentary Budget Officer ( PBO ) report on the emissions cap is out and we outline it’s flaws in this week’s podcast episode. Find sources and more information for the podcast at this page.

Find out more about the economic benefits of an emissions cap.

Find our full list of emissions cap facts.

Listen to our interview with wildfire and flood survivors calling for the emissions cap on oil and gas corporations.

Another analogy for how bad the PBO’s report is would be a historical study of diminishing job growth in the horse-drawn carriage industry, due to the rise of cars, without factoring in the increased job growth in car production.

FYI, As of March 10th, 2025 according to polling by Leger:

  • Most Canadians (65 per cent) agree that Canada should invest in renewable energy instead of fossil fuel developments.
  • A majority of Canadians (62 per cent) agree that Canada should maintain its climate commitments independent of the United States administration’s decisions, including its withdrawal from the UN Paris Agreement on climate.

Parliamentary Budget Officer ( PBO ) report on the emissions cap is deeply flawed. Canada must cap emissions & be different than the U.S.Be sure to send us your questions at info@sierraclub.ca and sign up for email updates from us.

And don’t forget to take action!