Americas > Rising CO2 price could accomplish half of Canada’s 2050 net zero goal -report

Rising CO2 price could accomplish half of Canada’s 2050 net zero goal -report

Published 21:23 on November 24, 2020  /  Last updated at 22:29 on November 24, 2020  /  Americas, Canada, Carbon Taxes  /  No Comments

Canada could reach its 2030 and 2050 emissions reduction goals by increasing its carbon price over the next two decades, with the country achieving more abatement if it phases out its output-based pricing system, a report said Tuesday.

Canada could reach its 2030 and 2050 emissions reduction goals by increasing its carbon price over the next two decades, with the country achieving more abatement if it phases out its output-based pricing system (OBPS), a report said Tuesday.

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