Canada lays out C$9.1 bln roadmap to meet 2030 climate targets

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Canada lays out C$9.1 bln roadmap to meet 2030 climate targets
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The Emissions Reduction Plan is Canada\u0027s first comprehensive plan setting out how it will meet its international commitment to cut carbon emissions 40\u002D45 per…

The Emissions Reduction Plan is the first time Canada has had a comprehensive and detailed plan, rather than just a collection of policies, setting out how it will meet its international commitment to cut carbon emissions 40-45% below 2005 levels by 2030.

The ERP was introduced under the requirements of Canada’s Net-Zero Accountability Act, which the government adopted last summer in a bid to produce more binding climate policies. However, the oil and gas sector is expected to only cut emissions 31% below 2005 levels by 2030, according to the ERP.

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