Canada aims to beat 2030 climate target, says Justin Trudeau, announcing carbon tax hike

//Canada aims to beat 2030 climate target, says Justin Trudeau, announcing carbon tax hike

Canada aims to beat 2030 climate target, says Justin Trudeau, announcing carbon tax hike

Canadian Prime Minister Justin Trudeau announced on Friday an annual hike of his country’s carbon tax by C$15 ($US11.8) per tonne after 2022, and billions in new investments to try to beat its climate target.The price on carbon pollution introduced last year is already set to rise incrementally to C$50 (US$39) per tonne in 2022.After 2022, Trudeau said, annual increases in the tax under the revised climate plan would jump from C$10 to C$15.By 2030, the price is to reach C$170 (US$133) per tonne…

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By | 2020-12-11T22:44:41+00:00 December 11th, 2020|Business|Comments Off on Canada aims to beat 2030 climate target, says Justin Trudeau, announcing carbon tax hike