Canada's world-leading single framework to price carbon takes effect next year, after strenuous efforts to win agreement from most provinces. But he faces huge challenges ahead
Canada is approaching go-time for an ambitious national plan to lower greenhouse gas emissions by pricing carbon. The Pan Canadian Framework on Clean Growth and Climate Change (PCF), which Justin Trudeau’s Liberal Party ushered in last December, takes effect in January, at its centrepiece a $10 per ton carbon tax that will attempt to lower Canada’s carbon emissions 30% from its 2005 levels, its Nationally Determined Contribution under the Paris Agreement. The PCF also seeks to set a clean fuel standard, and cut oil and gas sector methane emissions at least 40% by 2025.
The PCF capped off a first year in office, during which Trudeau’s government put a five-year moratorium on new oil and gas drilling permits in the Arctic, in conjunction with Barack Obama’s outgoing administration; approved two large hydroelectric projects; funded a transcontinental highway electric car recharging project; and announced plans to end Canada coal-generated electricity by 2030. The latter goal will be helped by this month’s agreement to cooperate with the UK, which aims to phase out coal by 2025, signed during Theresa May’s visit to Ottawa.
Ontario and Quebec had already linked their cap and trade programmes with California, creating the largest...
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