Canada To Fall Way Short Of 2020 Climate Change Targets.
Canada remains well short of meeting its international 2020 climate change commitment, Environment Canada reported Monday, even if the economy tanks and global oil and gas prices remain on the skids.
Even under the worst-case scenario, the 2014 Emissions Report says Canada would still fail to cut greenhouse gases 17 per cent below 2005 levels by 2020 — as Canada committed to do under the Copenhagen accord.
The report, which includes measured emissions through 2012, suggests that under its benchmark projection, known as a reference scenario, Canada will get just over halfway to its international commitment.
“The government of Canada is focused on a pragmatic approach to addressing climate change that will reduce emissions while continuing to create jobs and encourage the growth of the economy,” states the report.
Sharply rising GHG emissions in the oil and gas sector will almost completely offset falling greenhouse gases from Canada’s electricity generating sector — leaving Canada 1.2 per cent below 2005 levels if all existing and announced measures remain in place through 2020.
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