Canada lays out C$9.1 bln roadmap to meet 2030 climate targets

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Canada lays out C$9.1 bln roadmap to meet 2030 climate targets
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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 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.

Key measures include a zero-emissions vehicle mandate that is more ambitious than anything proposed by Canada's neighbor the United States, and a target for reducing emissions from the oil and gas sector 42% below current levels by 2030. Factbox of key measures:The ERP was introduced under the requirements of Canada's Net-Zero Accountability Act, which the government adopted last summer in a bid to produce more binding climate policies.

That lower target for the oil and gas sector means other parts of the economy will have to make deeper emissions cuts if Canada is to hit its overall 40-45% reduction goal, said Simon Dyer, deputy executive director of the Pembina Institute.Trudeau said the emissions targets had to be realisable as well as ambitious and the electricity sector, for example, would be making much bigger cuts.

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