For Canada to meet its Paris Accord CO2 reduction targets, federal and provincial governments will play a critical role. Governments must work together to create a transparent regulatory system and a framework that offers participants incentives to decarbonize industrial activity. Government initiatives must target a variety of objectives; these include the development of renewable energy, supporting research and new technologies, and the establishment of a reliable carbon pricing regulatory system that includes market-based CO2 pricing, tax credits, caps on emissions, clean fuels standards, and a viable system for measuring and regulating CO2 emissions.
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By Charles Marleau CIM® and William Mitchell CIM®
By Charles Marleau CIM® and William Mitchell CIM®
