International > CBAM & Tariffs > Canada eyes CBAM consultation as budget sets out more stringent climate target

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 (US & Canada), CO2 Management (CCUS), International (CBAM & Tariffs, UN Climate Talks), Voluntary (VCM Governance)

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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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