VIDEO: Feds say next carbon price hike won’t be decided til 2022

Comment follows study that suggested best way to hit 2030 emissions targets was to quadruple price

Environment Minister Jonathan Wilkinson says there will be no decision made about hiking the carbon price beyond $50 a tonne for at least another two years.

The Ecofiscal Commission study released last week suggested the most efficient way for Canada to hit its 2030 emissions targets was by quadrupling the carbon price to $210 a tonne.

Wilkinson says Canada must get much more aggressive in cutting greenhouse gas emissions, but any increases to the carbon price won’t be decided until after the promised review is completed in 2022.

Still, Wilkinson says his priority as the new minister in charge of Canada’s climate action plan is to figure out how Canada will hit its goal to eliminate almost one-third of Canada’s emissions over the next 11 years.

After that, he will turn his attention to addressing a Liberal election promise to exceed the 2030 target.

Wilkinson says he will go to the annual United Nations climate meetings in Spain next week to say Canada will live up to that promise, but specifics about how Canada will get there won’t likely be revealed until the fall of 2020.

The Canadian Press

Just Posted

Saltair society delivers food, cash to Chemainus food bank

Donations collected during several community events the last three months

Family fun at Crofton for Christmas event

Band performs, hot chocolate and hot dogs consumed and visits with Santa busy

Crofton parade lights up the holidays

Colourful floats and characters like the Grinch make it a memorable sight

New water storage reservoir approved for Crofton

North Cowichan will be spending more than half of an additional one-time… Continue reading

Campbell River mom’s iPhone containing priceless photos stolen from Victoria hospital parkade

The phone contained photos, heartbeat recordings of her late son

VIDEO: Kenney lays out key demands for meeting with Trudeau

Alberta Premier Jason Kenney aims for clear signs of federal action on two-day Ottawa trip

Province sues over sailing incident that killed teen with disabilities

Gabriel Pollard, 16, died from injuries after marine lift failed

First Nations want Big Bar landslide cleared ASAP to allow fish passage

Leadership calling for urgent action and resources to remove obstruction on the Fraser

Assessed value of Lower Mainland homes expected to decrease in 2020

Other areas of province may see modest increases over last year’s values

Chilliwack family’s therapy dog injured in hit and run

Miniature pit bull Fifty’s owner is a single mother facing close to $10,000 in vet bills

Cougar destroyed in Penticton area after mauling dog, killing cat

This is the first reported incident with a cougar this year in the Penticton area

Feds not enforcing standards on Hungarian duck imports, B.C. farmer says

‘You have no way of knowing what’s in the bag’

No reports yet of Canadians affected by New Zealand volcano eruption, feds say

Missing and injured included tourists from the U.S., China, Australia, Britain and Malaysia

Vancouver Island blues musician’s mother’s home burglarized and ransacked

David Gogo’s 71-year-old mother has jewelry and artwork stolen in break-in

Most Read