Americas > Canada budget proposes carbon contracts for difference, new clean energy tax credits

Canada budget proposes carbon contracts for difference, new clean energy tax credits

Published 22:55 on March 28, 2023  /  Last updated at 22:55 on March 28, 2023  / /  Americas, Canada

Canadian Prime Minister Justin Trudeau’s 2023 budget released Tuesday said it will consult on a carbon contracts for difference (CCfD) programme to de-risk private sector investments in GHG mitigation projects, as well as launch new investment tax credits or expand existing ones related to clean energy and carbon capture.
Canadian Prime Minister Justin Trudeau’s 2023 budget released Tuesday said it will consult on a carbon contracts for difference (CCfD) programme to de-risk private sector investments in GHG mitigation projects, as well as launch new investment tax credits or expand existing ones related to clean energy and carbon capture.


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