By SANDRA HANSON The Canadian government is aiming to cut its emissions by as much as 6.8 per cent over the next five, and by nearly three per cent in 2020.
The new plan would slash the country’s emissions by 1.5 per cent between 2020 and 2025, compared with the previous government’s target of 0.5 percentage points.
But the plan still faces some hurdles.
It would require Ottawa to provide more than $2 billion annually to cover the cost of retrofitting existing facilities, and it would take decades to get the program up and running.
The Trudeau government also wants to boost its economy by about 10 per cent to bring it within two per cent of the United States’ economic growth pace.
The goal is to hit that by 2025.
Trudeau says it is important for Canadians to have a good sense of what the government is doing, but he does not offer specific numbers for how many jobs or other sectors the government would target in its ambitious program.
He says he is committed to the “sustainable growth” of the economy, but has no immediate plans to increase Canada’s emissions.
The Liberals plan is to provide a subsidy for households that use electric cars or buy solar panels.
The government is also offering an incentive to companies that are building wind turbines.
The government says it has made commitments to create 1,400 renewable jobs and invest $1 billion in green infrastructure projects.
It also says it will create 1.2 million jobs over the course of the decade.
Canada has set a goal of reaching its carbon reduction target by 2030, and is expected to reach the target by 2023.
But Trudeau said the government has not yet determined how much it will cost to meet that target.
The Liberal government has set its sights on an emissions-reduction goal of 35 per cent below 2005 levels by 2030.
But it says it would like to hit the goal by 2020.
The Liberals are also seeking to expand the use of electric vehicles, particularly for low-income families, by encouraging the purchase of plug-in hybrids and the adoption of electric bicycles.
The federal government has also been working on legislation that would allow private companies to sell carbon credits to households.
It is expected the bill would be debated in the House of Commons next week.
Prime Minister Justin Trudeau speaks during a news conference on the Keystone XL pipeline in Calgary, Alberta, Canada, March 20, 2021.
(Photo: Adrian Wyld/Canadian Press)On Wednesday, Trudeau said Canada’s greenhouse gas emission reductions would increase by as high as 6 per cent per year in 2020, compared to the previous plan.
He also said Canada will need to work more closely with states and provinces to make sure their efforts to meet the Paris climate change agreement are successful.
He also touted the country will be able to cut emissions by 2.2 per cent by 2025, down from 2.8 points per year last year.
But Canada’s carbon emissions were projected to rise by 1 per cent or more over the first five years of the plan, but they will fall to 2.1 per cent, down slightly from 2 per cent last year, according to the new plan.
The country is also seeking a 10 per per cent boost to its economic growth target, and a 1 per-cent increase in its emissions.
In 2020, Canada’s economy grew at an annual rate of 4.9 per cent.
“We are making progress, but we have a long way to go,” Trudeau said.
Trudeau said the Liberal government will have a full-time jobs office and an “open door” approach to immigration, so it will have to find new ways to attract foreign workers.