Sir Nicholas Stern Wows Bay Street

stern2.jpgThat's Canada's Wall Street, where the Suits turned out en masse to hear Sir Nicholas Stern talk to the Economic Club of Canada. According to Tyler Hamilton in ::the Star: "Only a few years ago you would have seen climate change attract a much smaller audience than we have here today," said Clive Mather, chief executive of Shell Canada, as he introduced Sir Nicholas to hundreds of Canada's business and political elite, including Mayor David Miller, Ontario PC leader John Tory and former Ontario premier Bob Rae.

Thomas Homer-Dixon, director of the Trudeau Centre for Peace and Conflict Studies at the University of Toronto and host of [an earlier] Hart House meeting, said Stern's report has altered the dialogue on global warming in the same way as Al Gore's An Inconvenient Truth documentary and the recent United Nations-backed report on climate change.

"The Stern report has been particularly influential because it speaks in the language of our most powerful decision-makers: the heads of corporations, finance ministers, the leaders of central banks and international financial institutions," said Homer-Dixon.

According to the Globe: "It's very clear to me now that we can be green and grow," he told reporters outside the Toronto Stock Exchange, where he held a joint news conference with Dr. Suzuki.

"I don't think it's a horse race between growth and being responsible on climate change. Good policy can give us both," Sir Nicholas said. "Eventually, if we ignore the problem of climate change, it's growth and living standards that will suffer."

Tags: Toronto

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