Canadian provinces’ energy plan weak on climate actions but pushes for market-based solution
Canada’s provincial premiers, after three years of talks, agreed a national energy strategy on Friday, which seeks to promote the use of market-based mechanisms to cut greenhouse gas emissions but contains mainly vague goals rather than firm pledges.
Read MoreAlberta renews, updates CO2 levy but warns economy-wide scheme could replace
Alberta has renewed and updated its eight-year old carbon levy by doubling the price and raising the reduction target, but warned that these “interim measures” could be replaced by a more ambitious, economy-wide plan following a review of the Canadian province’s climate strategy.
Read MoreQuebec outlines carbon market rule changes
The Quebec government on Tuesday proposed a number of changes to its cap-and-trade scheme, including lowering the threshold for including fuel distributors and allowing new offset project types.
Read MoreAlberta to finalise climate strategy before UN Paris meet -paper
Alberta, home to Canada’s CO2-intensive oilsands industry, will unveil a new climate change strategy before the Nov. 30 start of UN talks in Paris, the province’s newly-elected premier Rachel Notley said in a newspaper interview published online late on Friday.
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