New estimates published by a leading climate policy institute show Canada cut emissions by about one per cent last year compared to 2022, or eight per cent since 2005.
Oil and gas production hikes and rebounding air travel put a drag on Canada ’s climate progress last year, but a new report says the country was still able to make a modest cut to its planet-warming emissions.
The report says the electricity sector remains a standout, cutting emissions by 6.2 per cent year-over-year, or 38 per cent since 2005, boosted by policies such as industrial carbon pricing and coal phaseouts.The oil and gas sector continued to hold back Canada’s progress, increasing its emissions by about one per cent compared to 2022, and now accounts for just under a third of the country’s total emissions.
Climate Change Oil And Gas Sector Canada Economy Environment
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada may reach 2030 emissions goal without unpopular carbon taxCanada could meet its 2030 emissions target without a carbon tax on consumers, some analysts say, as the Liberal government faces mounting political pressure...
Read more »
2030 a 'reasonable target' for new Commanders stadium, owner saysWashington Commanders owner Josh Harris said Sunday night he is hopeful a new stadium can open in time for the 2030 season.
Read more »
Climate campaigners take EU to court over 2030 emissions-cutting rulesThe environmental campaigners are seeking a ruling that would force the bloc to strengthen its climate policy
Read more »
Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineupSEOUL (Reuters) -Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 million vehicles by 2030, up 30% from 2023, as it plans to...
Read more »
Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineupSEOUL (Reuters) -Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 million vehicles by 2030, up 30% from 2023, as it plans to...
Read more »
Bitcoin’s long haul: Exec predicts $150K by 2025 and $1M by 2030According to Swan Bitcoin's CEO, BTC could hit $100K by April 2025 and increase modestly to $125K by end-2025.
Read more »