With the European Commission set to announce a new EU border carbon adjustment (BCA) regime tomorrow, now is the time for Canada to figure out how to reconcile its climate ambition with the need to protect the competitiveness of domestic industry and prevent carbon leakage. That’s one of the urgent messages in a new report,
Independent modelling by Clean Prosperity and Energy Super Modelers and International Analysts (ESMIA) shows that the federal Liberal Party’s climate plan can achieve a 37% to 41% drop in Canada’s greenhouse gas emissions, relative to 2005 levels, by 2030. Clean Prosperity and ESMIA’s findings are featured in a new report, released today. “Our modelling shows
Carbon pricing can close half the gap to the 2050 target.