Canada’s carbon emissions reduction plan might be insufficient to achieve targets

Monday, 13 November 2023 12:30:36 (GMT+3)   |   Istanbul
       

Jerry V. DeMarco, Canada’s Commissioner of the Environment and Sustainable Development, has stated at a press conference that the Canadian government’s plan to reduce emissions is not sufficient to meet the country’s emissions reduction targets. Canada aims to reduce carbon emissions by 40-45 percent by 2030 compared to 2005 levels.

Saying that the plan is better than the previous plans, DeMarco noted that it is still lacking in some aspects and will only reduce current levels by about one-quarter by 2030. Stating that the key policies have been delayed, he said that Canada remains several million mt short of its goal.

He added that, on the positive site, measures in the plan such as carbon pricing and regulations have the potential for deep emissions reductions if they are stringent enough and applied widely.


Similar articles

Canada may still sign new trade deal even if steel tariffs remain in place

09 Nov | Steel News

The timing of NAFTA renegotiations may be extended

16 Aug | Steel News

Independent rebar fabricators in US and Canada optimistic on future outlook

22 Aug | Steel News

Worldsteel: US steel use growth to slow in 2013

12 Apr | Steel News

Keystone XL pipeline approval delayed despite Nebraska Governor’s approval

24 Jan | Steel News

Steel Scene longs panel: Are dumping cases on the horizon for the US’ wire rod and rebar market?

11 May | Steel News

Mittal not expecting pre-crisis demand levels in developed world before 2015

16 Mar | Steel News

OECD Steel Committee: Prospects for steel demand remain uncertain

09 Dec | Steel News

OECD Steel Committee: Prospects for steel demand remain uncertain

09 Dec | Steel News

Despite soft demand, US plate mills may venture slight price hike

10 Dec | Flats and Slab