Trudeau’s plan promises to make a carbon-capture tax credit available to the industry by 2022, details of which will be released “soon.” It doesn’t however, include specifics on the emissions cap the government plans to impose on the fossil-fuel sector, which accounts for about a tenth of Canada’s total economic output.
It won’t be cheap. The total spending — from both governments and businesses — needed over the next three decades to get Canada to net zero is C$2 trillion, according to a Royal Bank of Canada report last fall, which it said translates to at least C$60 billion a year in spending given current technologies.
The Canada Infrastructure Bank will spend C$500 million on electric vehicle charging infrastructure, and the government will put forward an extra C$400 million towards building charging stations.
How about fuck off
Good Im glad we have goals to work for now .
Looks like a guy driving around schools in a van, oh wait, wasnt that what he did before politics!
Clueless.
The oil & gas sector was the only sector to increase emissions from 2005 to 2019. Perhaps it’s only fair that they start to contribute to our targets rather than making those targets harder to attain.
It's always easy for the rich to push their agenda on the poor and middle classes with no concern as to the cost. These people are so goddamn arrogant. All Trudeau's ppl are pretentious 'talk down to you' hypocrites while living it up on our tax dime.
So the plan is stifle our oil, gas & other resource industries & lose the revenue & quality of life they bring us & just buy everything from other countries especially those that do not have a climate catastrophe bent just so we can say we did our part for our 2% of CO2? Crazy?
If Libs can’t be voted out shortly, Canada will be on track for total fiscal failure. We will be Greece 2.0
All about dumb Canadians voting for what they think they need when what they actually need are jobs. Even if we hit this target, Global emissions will still be up more than 2x canadas entire foot print next year. And every year after that.
Your boss has flown numerous times this month. Don’t even start buddy
How do they plan on enforcing the car sales? From a purely hands-off approach, it would simply mean salesmen saying 'sorry, we can't sell you this ICE car until we sell another EV.' So practically speaking, the gov't *must* be doing something behind the scenes with car co's.
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