Economy

Clean air and a strong economy for Canadians

Clean air and a strong economy for Canadians
Written by on100dayloans

Canadians have made it clear what they want: clean air and good jobs, a healthy environment and a strong economy. Today, the Government of Canada released a plan outlining the next steps to continue to deliver on these priorities for the benefit of all.

Prime Minister Justin Trudeau today announced the release of the 2030 Emissions Reduction Plan: Canada’s Next Steps for Clean Air and a Strong Economy. This ambitious and achievable plan outlines the approach to be taken in each sector so that Canada can meet its new climate goal of reducing emissions by 40% below 2005 levels by 2030 and be on track to achieve it. achieving carbon neutrality by 2050.

Building on the efforts of millions of Canadians, Indigenous peoples, businesses, provinces, territories and municipalities, the Government of Canada continues to take action to fight climate change, create jobs and Canadians from the world leaders in the transition to clean industries and technologies.

The 2030 Emissions Reduction Plan includes $9.1 billion in new investments to reduce pollution and grow the economy. The objectives of the Plan include the following:

  • Facilitating the transition of Canadians to electric vehicles. We invest more than $2.9 billion in charging infrastructure, provide financial support to make the purchase of zero-emission vehicles more affordable, support clean transport projects for medium and heavy vehicles, and develop requirements regulations for sale so that, by 2035, 100% of new passenger vehicles sold in Canada will be zero-emission vehicles. These requirements come with tentative sales targets of at least 20% by 2026 and at least 60% by 2030.
  • Greening Canada’s homes and buildings. With an investment of approximately $1 billion, we will develop a national plan to build net-zero energy buildings by 2050, the Canadian Green Buildings Strategy, work with provinces, territories and other partners to promote the adoption of the most stringent building codes, pilot community retrofit projects and facilitate major energy efficiency improvements in large buildings.
  • Help industries adopt clean technologies and make the transition to carbon neutrality. We are making unprecedented investments to enable industries to be green and competitive, and we are putting in place greater incentives for clean technologies and fuels, including carbon capture, use and storage.
  • Make the Canadian grid even cleaner. We will develop a regulated standard for clean electricity, we will make approximately $850 million in additional investments in clean energy projects, such as wind and solar, and we will work with provinces and territories, stakeholders and our Indigenous partners to ensure that Canada’s electricity grid is net zero emissions by 2035, while continuing to ensure that Canadians and businesses have access to reliable and affordable electricity.
  • Reduce emissions from the oil and gas sector. We will continue to work closely with provinces and territories, stakeholders and our Indigenous partners to develop an approach to cap emissions from the oil and gas sector to achieve carbon neutrality by 2050, reduce methane from the oil and gas sector by at least 75% by 2030 and create good jobs. According to the Plan, the oil and gas sector would contribute to a 31% reduction in emissions from 2005 levels, which is equivalent to a 42% reduction from 2019 levels. The government will build on this plan to set the cap on emissions from the oil and gas sector.
  • Helping farmers build a clean and prosperous future. We’re providing approximately $1 billion in financial support to farmers to implement new and expanded programs that will help them develop and adopt sustainable practices, energy-efficient technologies and solutions like carbon capture in the air.
  • Empowering communities to fight climate change. We are investing $2.2 billion to expand the Low Carbon Economy Fund to support projects led by governments, schools, nonprofits, Indigenous peoples and other stakeholders , and money that will reduce pollution and create jobs in communities across the country.
  • Use the power of nature to fight climate change. We will invest an additional $780 million to help Canada’s oceans, wetlands, peatlands, grasslands and farmlands capture and store carbon, and to explore the potential of negative emissions technologies in the forestry sector.

The 2030 Emissions Reduction Plan: Canada’s Next Steps for Clean Air and a Strong Economy incorporates input from over 30,000 Canadians, provinces and territories, our Indigenous partners, industry, civil society and the Carbon Neutral Advisory Group. The plan advocates a whole-of-society approach and proposes practical ways to reduce emissions in all sectors of the economy.

The Government of Canada will continue to work with all Canadians to develop and implement the new policies and initiatives announced today. Towards the end of 2023, the government will release an update on progress towards achieving emission reduction targets.

Quotes

“To build a strong economy in the 21and century, it is essential to take concrete climate action that is not only ambitious, but also achievable. With the additional measures announced today, we continue to deliver on the priorities Canadians have entrusted to us: clean air, good jobs, a strong economy and a better future for all. »

The Right Hon. Justin Trudeau, Prime Minister of Canada

“This is the next important step in our government’s plan to reduce pollution and create good, sustainable jobs in Canada. With its natural resources, highly skilled workforce and strong financial system, Canada has everything to gain from increasing its climate ambition. The actions of millions of Canadians have allowed us to flatten the curve of our pollution trajectory, and this roadmap charts the course for us to achieve our climate goal of reducing emissions by 40% to 45% below of 2005. By acting together now, we are positioning Canada as a leader in the clean economy. »

The Hon. Steven Guilbeault, Minister of Environment and Climate Change

“The transition to a cleaner, more prosperous and more competitive economy must be an immediate priority and the subject of a sustained effort in the years to come. Canada’s 2030 Emissions Reduction Plan outlines how we can achieve our goal by 2030, find ways to achieve carbon neutrality by 2050, and create economic opportunities for Canadians across the country. »

The Hon. Jonathan Wilkinson, Minister of Natural Resources

Highlights

  • The actions announced today build on climate actions already in place in Canada, which are outlined in the Pan-Canadian Framework on Clean Growth and Climate Change (2016), Canada’s Stronger Climate Plan: A Clean Environment and Healthy Economy (2020) and Budget 2021. In total, these measures have already contributed to reducing emissions by 36% by 2030 compared to 2005 levels, in addition to creating economic opportunities across the country.
  • The Carbon Neutral Accountability Act legally establishes Canada’s 2030 emissions reduction target under the Paris Agreement of 40% to 45% reduction from 2005 levels and carbon neutrality by 2050. Law states that Canada must publish a series of plans and progress reports to support the achievement of these goals.
  • The recently released 2030 Emissions Reduction Plan: Canada’s Next Steps for Clean Air and a Strong Economy is the first in a series of plans to 2050 and responds to a requirement of the Law.
  • The 2030 plan is a living plan – a comprehensive roadmap that reflects levels of ambition and will serve to guide emissions reduction efforts in each sector. As governments, businesses, nonprofits and communities across the country work together to achieve these goals, we will define and seize new opportunities.
  • To keep Canada on course to reduce its emissions, the plan includes an interim target to reduce greenhouse gas emissions by 20% below 2005 levels by 2026, as set out in the Law. The Law also requires the Government of Canada to prepare progress reports by the end of the years 2023, 2025 and 2027.
  • The Carbon Neutral Advisory Group is a group of experts with diverse experience and expertise who advise the Minister of Environment and Climate Change on the best paths for Canada to achieve its goal of carbon neutrality by 2050 , while promoting economic growth and the creation of good jobs.

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