Public transit is key to ecological crisis, inflation
While various provincial parties are proposing more ambitious targets to reduce GHG emissions, the government elected on October 3 will have to modernize the funding structure for public transit in order to effectively fight climate change in Quebec. IRIS estimates that the implementation of new eco-tax measures would add $12 billion to the Quebec government's coffers over ten years, all other things being equal.
GHG emissions from light-duty transportation have increased by 26% over the past three decades in Quebec, offsetting half of the emission reductions achieved by Quebec industries. These data clearly show that Quebecers continue to use individual vehicles to get around, which limits the possible gains in greenhouse gas reduction.
Moreover, automobile transportation represented approximately 16% of the current consumption expenditures of Quebec households in the summer of 2022, while the external costs of using a gasoline-powered car are twenty-eight times greater than the costs of bus transportation. Improving the public transit network would not only help households reduce their dependence on the automobile, but it would also help protect their purchasing power in the face of inflation. (Translated)
Camille L. Thuot, l’IRIS