Climate Change & Extractives

Icon: Climate Change & Extractives Icon: Little Progress
Some Progress

In late 2020, the government launched its new climate plan, A Healthy Environment and a Healthy Economy, which lays out a credible path for meeting Canada’s Paris Agreement commitment to reduce emissions to 30% below 2005 levels.

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Canada’s carbon price will rise to $170/tonne by 2030, with revenues returned to individuals and families, and reinvested into projects to reduce emissions through the Climate Action Incentive.

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— Prime Minister Justin Trudeau, 2020

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