Canada’s new climate plan calls for 40% cut in carbon emissions by 2030

The federal government has outlined its $9.1 billion climate action plan to curb greenhouse gases by 2030.

Canada’s environment minister presented his road map, which includes a 42 per cent reduction in oil and gas emissions, and more than $2 billion towards a move to electric vehicles.

With climate change becoming more and more visible throughout the country the federal government says Canada is warming at twice the normal average.

A new climate plan projects the oil and gas industry will need to cut greenhouse-gas emissions by 42 percent from current levels by 2030 if the country is to meet its new targets.

The oil and gas sector makes up the biggest share of Canada’s carbon footprint, with 26 percent of total emissions. While consultations between the feds and the energy sector are in the works for a cap, the government insists they won’t cap production, only the emissions through new technology.

On transportation, the liberals promise to spend another $400 million to help install 50 thousand charging stations for electric vehicles and to expand the EV rebate program by $1.7 billion. It’s also introducing a tougher schedule to shift Canadian vehicle sales to electric models. One in five new passenger vehicles are to be battery-operated within four years, and 60 percent by the end of this decade.

The upcoming federal budget, which we’ve learned will be delivered next week, is expected to expand the EV rebate program to include used vehicles as well as more expensive models.