The problem with all levels of government is they have put the cart before horse when it comes to their climate change policies. The focus should be on strategy that phases out fossil fuels over time. There also needs to be viable technology without direct government subsidies as part of transforming the power grid and transportation sector Recycling and waste management need to adopt more technology as part of reducing the volume of garbage going into landfill sites and/or dumped into waterways. Waterways need to be better protected from garbage and sewage. Developing more supply of critical metals like Lithium needs to be top of the agenda. Lithium prices have skyrocketed over the past few years.

1. P A U L Y O U N G C P A C G A
A P R I L 2 5 , 2 0 2 2
MITIGATION THE IMPACT OF CLIMATE CHANGE WHILE GROWING THE
GREEN AND CIRCULAR ECONOMY IN A SUSTAINABLE WAY

2. Paul Young - Bio
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
YouTube - https://www.youtube.com/user/youngercga1968/videos

3. Agenda
• Global GDP Forecast
• Critical Metals
• GDP vs Clean Technology GDP – Canada
• Global Emissions
• Forest Management
• What is a Circular Economy?
• Top Ranking Sustainable Economies
• Canada Economy
• Canada Environmental
• Plastics GDP importance
• Taxation and Environment
• Cost to Serve Model
• Mitigation of Climate Change
• Forest and Wildfires
• Water Management
• Hurricanes
• Urban vs Rural Planning
• Fear of Green Inflation
• What’s Next?

4. Global GDP Forecast
Source - https://www.scotiabank.com/ca/en/about/economics/economics-publications/post.other-publications.global-outlook-and-forecast-tables.scotiabank's-
forecast-tables.2021.march-10--2021.html or https://www.cnbc.com/2021/04/06/imf-world-economic-outlook-april-2021-global-gdp-to-hit-6percent.html
BNS_Forecast.pdf

5. Critical Metals

6. GDP vs Clean Technology

7. Clean Technology and Environment

8. Countries leading the charge for the Circular
Economy
Source - https://www.construcia.com/en/noticias/which-countries-are-leading-the-change-in-circular-
economy/
• The Netherlands
• France
• Italy
• Germany
• Luxembourg
• Belgium
• Portugal
• Spain

9. Top 20 Sustainable
Companies
Source - https://www.corporateknights.com/channels/leadership/2021-
global-100-ranking-16115328/

10. Global Emissions

11. Emissions per square KM
https://policyoptions.irpp.org/magazines/february-2022/embracing-the-unknown-cost-of-climate-
change/
Canada is a carbon sink! https://financialpost.com/diane-francis/diane-francis-canada-is-a-giant-
carbon-sink-why-are-we-not-getting-credit-for-it or https://policyoptions.irpp.org/magazines/june-
2018/canadas-carbon-sinks-dont-mean-we-can-ease-off-on-climate-policy/ or
https://biv.com/article/2020/08/bc-carbon-tax-ineffective-ceri

12. Environmental Spending

13. Blog – Forestry
Movement towards sustainable forests - https://www.forestryforthefuture.ca/posts/sustainable-forest-
management-will-help-drive-our-net-zero-future. Canada forest practices need to improve as part of mitigating
the changes to climate.
Canada has 9% of the total forest - https://www.ccfm.org/healthy-forests/vast-and-abundant-forests/
Russia is looking at their forest management practices as part of their carbon footprint -
https://www.bnnbloomberg.ca/russia-wants-to-use-a-forest-bigger-than-india-to-offset-carbon-1.1580883. Russia
has 20% of the forest. If you combine Canada with Russia, then 1/3 of the earth forest come from Canada and
Russia.
New research, published in Nature Climate Change and available on Global Forest Watch, found that the world’s
forests sequestered about twice as much carbon dioxide as they emitted between 2001 and 2019. In other words,
forests provide a "carbon sink" that absorbs a net 7.6 billion metric tons of CO2 per year, 1.5 times more carbon
than the United States emits annually.
https://www.greenbiz.com/article/new-data-allows-scientists-accurately-measure-carbon-flux-forests
Companies are revisiting their sawmills investments - https://www.woodbusiness.ca/maximizing-potential-
industry-veteran-leads-the-charge-to-upgrade-ontario-mill/

14. Drones and Forest Management
Iris Automation The
Best Forestry Drones for Forest Management.pdf

15. Circular Economy
Source - https://reports.weforum.org/toward-the-circular-economy-accelerating-the-scale-
up-across-global-supply-chains/from-linear-to-circular-accelerating-a-proven-concept/

16. Recycling / Countries
Source - https://www.energydigital.com/smart-energy/which-countries-are-best-recycling or
https://www.greencitytimes.com/recycling-global-report-card/

17. Technology and Circular Economy
Here’s the good news: some companies see this as an opportunity to tackle the challenges associated with waste
management on U.S. soil using innovative technology. They’ve developed robotic solutions to waste sorting that don’t
depend on human motivation, accuracy, and understanding.
 CleanRobotics has developed TrashBot, an AI and a cloud-connected robotic system, which sorts recyclable waste
from landfill waste with 90% accuracy.
 AMP Robotics uses AI to select recyclable items from a conveyor belt and separate them from general waste.
 MIT has created a robotic platform called RoCycle that uses sensors to sort waste items including paper, metal, and
plastic.
Source - https://www.thomasnet.com/insights/why-aren-t-venture-capitalists-racing-to-fund-cleantech/?ecms_id=dad19dde-0825-
4384-9fed-2d833d7c2d79&ecms_short=ART1349&doc_type=ted_article&sponsored=&acct=&parent_id=b3d445fc-fcde-4ea5-ae97-
c22dad3dd3b1&utm_content=featuredstory&position=4&linktype=title&channel=email&campaign_type=thomas_industry_update&
campaign_name=tiu220425&utm_campaign=tiu220425&utm_medium=email&utm_source=thomas_industry_update&tinid=221763
045

18. Recycling Countries and the Environment
Source - OECD
Source - https://epi.yale.edu/

19. Material Footprint
Source - https://www.cpacanada.ca/en/news/pivot-magazine/2020-03-10-canada-recycling-system or OECD

20. Canada Economy
• Zero Waste footprint - https://www.bnnbloomberg.ca/businesses-aim-to-reduce-waste-in-2020-as-consumers-
become-more-eco-conscious-1.1372149
• Energy from Waste - https://www.grandviewresearch.com/industry-analysis/waste-to-energy-technology-industry
• December 2020 and November 2020 Scorecard - https://www.slideshare.net/paulyoungcga/scorecard-and-gdp-
canada-december-2020-and-november-2020
• Canada Scorecard https://www.slideshare.net/paulyoungcga/key-macro-and-micro-indicators-for-canada-
december-2020-and-january-2021
• Canada Scorecard - https://www.slideshare.net/paulyoungcga/key-macro-and-micro-indicators-canada-april-2021-
and-march-201
• Canada Scorecard - https://www.slideshare.net/paulyoungcga/canada-economic-and-fiscal-scorecard-april-2021-
and-may-2021
• Canada Scorecard - https://www.slideshare.net/paulyoungcga/fiscal-and-economic-scorecard-canada-january-
2022-and-february-2022-pptx
• 2015 Election Promise - https://www.slideshare.net/paulyoungcga/2015-election-promise-justin-trudeau-and-
liberals-i-will-make-things-more-afforadble
O&G GDP continues to expand.
Hiking the carbon tax is great for a sluggish economy.
Real Estate prices have exploded across the world.
The green economy isn't sustainable without more direct govt subsidies.
https://www.slideshare.net/paulyoungcga/gdp-analysis-and-commentary-canadajanuary-2021

21. Plastics and GDP
• The petrochemical sector is very important to economies of Alberta, Ontario and other provinces -
https://www.kallanishenergy.com/2020/07/13/alberta-seeks-to-boost-petrochemical-industry/
• Plastics play a vital role with many parts of the economy including medical equipment and supplies -
https://pvcmed.org/healthcare/when-plastics-revolutionised-healthcare/
• Government needs to put more focus on reshoring parts of the supply chain -
https://www.slideshare.net/paulyoungcga/tranformation-of-supply-chains
• Hospitality sector is already struggling with current restrictions -
https://www.slideshare.net/paulyoungcga/analysis-of-the-hospitality-sector

22. Environment and Waste (2018)

23. Taxation and Environment
In 2018, Canadian businesses spent $9.7 billion to reduce impacts on the environment, up 15%
from 2016. In Canada, 9 out of 10 businesses invested in at least one environmental protection activity.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210126/dq210126b-eng.htm
Emissions are expected to rebound in 2021 - https://www.iea.org/data-and-statistics/charts/projected-
global-change-in-co2-emissions-2020-and-2021
China is implementing a cap and trade system - https://www.straitstimes.com/asia/east-asia/china-to-
launch-carbon-emissions-trading-scheme-next-month - China has 250+ coal-fired plants under construction -
https://www.reuters.com/article/china-coal-idUSL4N2E20HS
Challenges for 2021 - https://boereport.com/2020/12/31/energy-in-2021-the-challenges-of-the-coming-year/
COVID19 - https://www.nature.com/articles/d41586-021-00090-3
My work - https://www.slideshare.net/paulyoungcga/protecting-the-environment-and-climate-change-taxes-and-spending-canada

24. Carbon Taxation / PBO Yet the PBO said that is not the case, right!
https://www.pbo-
dpb.gc.ca/en/blog/news/RP-2122-032-S--
distributional-analysis-federal-carbon-
pricing-under-healthy-environment-healthy-
economy--une-analyse-distributive-
tarification-federale-carbone-dans-cadre-
plan-un-environnement-sain-une-eco
@Twitter
Guilbeault is deliberately misleading
Canadians with this tweet!

25. Cost to Serve Model
• Companies will include any additional costs as part of their end pricing to consumers -
https://www150.statcan.gc.ca/n1/daily-quotidien/181214/dq181214d-eng.htm
• Government is planning more hikes to carbon tax along with adding a new tax for the fuel standard. Any
additional costs will be pushed on to consumers through higher prices - https://www.newswire.ca/news-
releases/clean-fuels-standard-will-increase-household-costs-for-canadians-capp-819531042.html
• Food costs have been rising over the past few years - https://farmworktofeedcanada.ca/food-prices-projected-
to-rise-in-coming-months/
• Liberals ran on a platform to make things more affordable -
https://www.slideshare.net/paulyoungcga/justin-trudeau-and-liberals-have-liberal-policies-made-things-
more-affordable-for-canadians

26. How to mitigate the impact of Climate
Change
Blog – How to Mitigate issues with Climate Change.
Here is my work on climate change including the threats to both the private and public sectors.
https://www.slideshare.net/paulyoungcga/how-to-mitigate-the-threats-of-climate-change

27. Increase monitoring through Industry 4.0
All levels of government need to look at better monitoring of their various geographies through
deployment of solutions like Maximo - https://ibm.box.com/s/ow662tdpto1c1p6d9u2waqxwli40x0la
Increase monitoring should be part of any risk management policies and procedures, especially as data
from monitoring tools can be integrated into solutions like Cognos Analytics and Planning Analytics

28. Working with Weather Analytics and Services
Climate change is here to stay. How everyone adjusts to climate change will be critical in terms of
safeguarding assets through proper risk mitigation.
Both the private and public sectors need to embrace weather analytics and services into its operations -
https://ibm.box.com/s/p9yzecfcp956l2d7jh25uflo3q8uof6j

29. Government Policies and Climate Change
There seems to be a battle brewing between various states when it comes to climate change reporting.
https://www.linkedin.com/pulse/what-next-climate-change-reporting-united-states-paul-young/?published=t
I believe that there should be standardized reporting of ESG to provide better info in areas like governance,
environment, and social.

30. Forest and Wildfires
Climate change is raising average global temperatures, bringing with it longer droughts, with cascading effects for
forests and wildfires. These impacts are highly place-dependent — they are determined by the ecology an
ecosystem and its history of disturbance, like wildfires, insect outbreaks or logging.
Blog – Wildfires and Climate Change – How to mitigate the impact of Wild and Forest Fires -
https://www.linkedin.com/pulse/blog-wildfires-climate-change-how-mitigate-impact-wild-paul-young/?published=t

31. Hurricanes

32. Water Management
• Water is a major issue around the globe due to many factors like population growth, food supply, weather
patterns, access to clean drinking water, sewage dumping into waterway, garbage into waterway, etc.
• Desalination plants continue to be more environmentally friendly as part of addressing water demands in
arid land around the world
• More innovation in terms of mini-water treatment plants for remote communities.
• Stiffer environmental laws as pertains to water ways
• The need for better flood mitigation
Here is my work:
I have called out the management of waterways along with poor urban planning for years. If the government was
so concerned about climate change, then why are they failing to mitigate the impact of ice melt or rain on river
systems? https://www.slideshare.net/paulyoungcga/water-management-and-flood-mitigation

33. Urban Planning
The problem from the get-go has been with proper urban planning including rural vs urban strategy!
It is time for all levels government to look at innovator solutions when it comes to building affordable housing
https://www.slideshare.net/paulyoungcga/urban-and-rural-planning-whats-next
1. Building codes need to revamp to deal with 3-D housing -
https://www.forbes.com/sites/pikeresearch/2019/11/20/3d-printed-homes-quietly-gain-
traction/#74899cc763bd
2. All levels government need to look at proper land management -
https://www.slideshare.net/paulyoungcga/why-do-politicians-play-games-with-the-environment

34. ESG Reporting
There seems to be a battle brewing between various states when it comes to climate change reporting.
https://www.linkedin.com/pulse/what-next-climate-change-reporting-united-states-paul-young/?published=t
I believe that there should be standardized reporting of ESG to provide better info in areas like governance,
environment, and social. https://ibm.box.com/s/vmyitcackqevvm1hcxv7wke6gudrpnce

35. Insurance
Global insured losses from natural catastrophes surged in the first half of 2021 to $42 billion, the second-highest amount
since 2011.
The preliminary estimate from Zurich-based reinsurer Swiss Re attributed the high loss total to winter storms, intense
heatwaves, and severe flooding across the world.
The insured loss total exceeded the previous ten-year average (2011-2020) of $33 billion. It was second only to the losses in
the first half of 2011, when the Great East Japan earthquake and tsunami and the Christchurch, New Zealand earthquake
pushed the six-month total to $104 billion.
A big contributor in the first half of 2021 was February’s winter storm Uri, a period of extreme cold combined with heavy
snowfall and ice accumulation in the United States. The event took the lives of 164 people, 151 of those in Texas, and
triggered estimated insured losses of $15 billion.
https://www.cfo.com/risk-management/2021/08/weather-catastrophes-drive-near-record-insured-losses/
Here are additional links:
New Insurance reporting standard - https://ibm.box.com/s/mgtzq1mp1h4dxk5ei4ov1tr7dgoyn76e
Risk Mitigation - https://www.slideshare.net/paulyoungcga/how-to-mitigate-geopolitical-risks-as-part-of-safeguarding-your-assets-
249988353

36. Green Inflation
https://www.blacklocks.ca/carbon-tax-to-slow-growth/
Any time that you add taxes like carbon tax along more environmental regulations there is a cost. This cost is pushed on to
consumers through higher prices. The era of 1.5% to 2.2% inflation is over. The new reality is inflation will range between 3.0%
to 4.5% as part of the new green agenda. The world is combatting climate change through the wrong policies. There are better
approaches to protecting the environmental while growing an economy.
https://www.slideshare.net/paulyoungcga/how-growing-the-circular-and-green-economies-can-mitigate-the-issues-with-climate-
change
https://globalnews.ca/news/8508541/canada-green-transition-inflation/

37. What’s next?
• All levels of government need to look at all their regulations as part ensuring the environment is protected as well
as supporting GDP growth - https://www.slideshare.net/paulyoungcga/climate-change-environment-analysis-and-
commentary
• Innovations / Plastics Management - https://www.canadianmanufacturing.com/features/canadian-manufacturers-
stand-to-benefit-from-in-house-plastic-shredders/
• Countries around the world need to clean up their recycling practices -
https://www.lovemoney.com/gallerylist/89902/recycling-countries-best-worst
• Carbon taxes are not the answer - https://www.slideshare.net/paulyoungcga/the-real-truth-about-emissions-and-
carbon-taxation
• All levels of government need to work together as part of ensuring businesses in Canada are competitive with their
counterparts around the world - https://www.slideshare.net/paulyoungcga/how-to-fix-competitiveness-through-
government-policy
• GDP is at risk if countries around the world continue to push their progressive agenda -
https://www.slideshare.net/paulyoungcga/what-is-next-for-the-global-economy-september-2020
• Innovation should be part of any waste management policy change including approving projects that are waste to
energy - https://www.prnewswire.com/news-releases/global-54-8-bn-waste-to-energy-market-size-share--trends-
analysis-2016-2019--2020-2027--301132220.html
• Tax code change (equipment write-down)
• Environmental approval
Blog – Green and Circular Economy – Canada and the World
BNS_Forecast.pdf
Australian Solar
Prices April 2022 Update - Solar Quotes Blog.pdf
Lithium's 'Insane'
Price Levels Predicted Years Ago By Mr. Lithium & Lithium Market Experts - CleanTechnica.pdf
Graphite - Clean.pdf Li-Cycle picks Veolia
technology for battery recycling - Recycling Today.pdf
Mexico, faced with
the challenge of recycling wind turbine blades.pdf
Envela Subsidiary
Plans Expansion of Solar Panel Recycling Capabilities with Mesa Location.pdf
Glacier Raises Seed
Funding to Develop Recycling Robots for Sustainability - Robotics 24_7.pdf
Urban mining
Recycling bricks for a circular economy.pdf
Inflation Draining
Consumers’ Savings, National Bank CEO Laurent Ferreira Says - Bloomberg.pdf
The Coming
Green-Energy Inflation - WSJ.pdf

38. Training and Development
• If you like to learn more
about trade and/or other
subjects as part of your
professional learning and
development then feel
free to review my
material on
https://www.udemy.com/
(search Paul Young CPA
CGA)
• These subjects address
how to fixed issues with
housing and/or systemic
issues related to economy
including government
policies