"Canada Lays Out C$9.1 Bln Roadmap To Meet 2030 Climate Targets"

"Canada released its first real roadmap to meeting 2030 climate targets on Tuesday, laying out detailed plans and C$9.1 billion ($7.3 billion) in new spending to cut planet-warming carbon emissions after years failing to meet its goals.

The Emissions Reduction Plan (ERP) is the first time Canada has had a comprehensive plan, rather than just a collection of policies, setting out how it will meet its international commitment to cut carbon emissions 40-45% below 2005 levels by 2030.

Environmental think tanks called it a "watershed moment" for Canadian climate policy, but warned Liberal Prime Minister Justin Trudeau's government needed to follow through."

Nia Williams and Ismail Shakil report for Reuters March 29, 2022.

SEE ALSO:

"Canada's Oil Industry At Odds With Trudeau Over New 2030 Climate Plans" (Reuters)

"Factbox: Key Points From Canada's Plan To Hit 2030 Climate Target" (Reuters)

"Oil And Gas Sector Emissions Must Be Cut 42 Per Cent By 2030, New Climate Plan Says" (Globe and Mail)

Source: Reuters, 03/31/2022