The document, introduced Tuesday in parliament by Environment Minister Steven Guilbeault, promises an additional C$9.1 billion ($7.3 billion) in new spending to reach Canada’s climate targets. Overall, the government aims to reduce emissions more than 40% from 2005 levels by 2030.
Releasing a climate plan is a key step toward turning the Trudeau government’s lofty environmental rhetoric into reality. While it lacks many vital details for the economically-crucial energy industry, the prime minister argued the overall sectoral target makes it clear to producers what’s expected of them.
“If there’s any oil and gas sector in the world that can do it, it’s Canada’s,” Trudeau told a conference in Vancouver. “Big oil lobbyists have had their time on the field,” he added, saying it’s now up to workers and engineers to bring emissions down.
Reaction in Canada’s oil patch was cautiously supportive.
The government…
