Canada eyes CBAM consultation as budget sets out more stringent climate target

Published 23:20 on April 19, 2021  /  Last updated at 23:31 on April 19, 2021  /  Americas, Canada, Carbon Taxes, CBAM, Climate Talks, International, RINs & LCFS, US, Voluntary Market  /  No Comments

The Canadian government will soon launch a consultation process on a carbon border adjustment mechanism (CBAM), while it also looks to CCUS tax credits and other climate funding strategies to hit a more ambitious GHG reduction goal, according to the proposed federal budget published Monday.

The Canadian government will soon launch a consultation process on a carbon border adjustment mechanism (CBAM), while it also looks to CCUS tax credits and other climate funding strategies to hit a more ambitious GHG reduction goal, according to the proposed federal budget published Monday.

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