Investment plan

Canada announces multi-billion dollar climate investment plan

In November, Jerry DeMarco, Canada’s environment commissioner, pointed out that “chess” countries in the fight against climate change. Registered in Canada “worst performance” G7 countries, according to this independent body.

To compensate for this, on Tuesday March 29, the Canadian government announced the launch of an investment plan of 9.1 billion Canadian dollars (6.5 billion euros).

On Prime Minister Justin Trudeau, “The whole world is focused on clean energy”including Europe, which wants to reduce its dependence on Russian oil and gas. “Canada cannot afford not to do this”He said at a press conference in Vancouver, western Canada.

“The European leaders I have spoken with over the past few weeks have been clear: they do not just want to end their dependence on Russian oil and gas, they want to accelerate the energy transition towards clean energy and green.”he added.

Read also This article is reserved for our subscribers Canada suffocates under heat records but in political indifference

100% of electric car sales by 2035

More than $2.9 billion will be injected into the transition to electric vehicles, including support for Canadians and charging infrastructure. Ottawa aims to sell at least 20% of zero-emission cars by 2026 and to represent 100% of new passenger cars sold in Canada by 2035.

In addition, Justin Trudeau’s government will invest in zero-energy buildings by 2050 and in wind and solar projects. Canada wants to reduce emissions from the oil and gas sector by 31% to achieve carbon neutrality by 2050.

This roof is good “How Important”That doesn’t go far enough, says the David Suzuki Foundation, an environmental advocacy group. “This plan has a better chance of success than any Canadian climate plan that preceded it.However, its chief executive admitted.

For example, Canada has committed to reducing its greenhouse gas emissions by 40% by 2030, compared to their 2005 level.

As the fourth largest oil producer in the world, Canada is among the top ten emitters of greenhouse gases on the planet and has one of the highest per capita emissions rates. And Ottawa announced last week to increase its oil exports by about 5% to meet its needs. “Help Requests” she has “Allies, suffer a shortage” Because of the conflict in Ukraine.

The world with AFP