The federal government has pushed its target to achieve a net-zero electricity grid back 15 years to 2050 as part of new clean electricity regulations announced Tuesday — though officials maintain that target date was always the goal.
Nick Murray, The Canadian PressDave Ernsberger, co-president of S&P Global Commodity Insights, talks about the energy sector forecast for 2025.
Committing to a net-zero electricity grid is an easy move for the other six provinces, which are already more than 90 per cent of the way there. The territories will be exempt from the regulations as most Northern communities rely on diesel-generation, and are relatively small emitters. Guilbeault also pointed to how the regulations only come into effect in 2035 — as the draft regulations had also indicated.
“Perhaps we were not as precise with our language as we should have been. And that’s the same with the Americans, and it’s same with all of the G7 countries. When they spoke the language of 2035, all of us understood that it was going to take longer than that to get to a net zero grid.”
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