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

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

CRD cost estimate study looks at regional housing, transportation affordability

Study paints clearer picture of true cost of living in Greater Victoria

COVID-19 has depressed mental health of Canadian youth

Lower mental health harms developmental skills, school performance and social relationships

Head of Vancouver Island Regional Library says new branch in North Saanich hands

Area poised to see strong population growth, says director of corporate communication

PHOTOS: Small crowd gathers to watch 231-tonne stacker-reclaimer load onto barge crane

The Dynamic Beast barge crane, known for work with Johnson Street Bridge, makes a return

National Drug Drop-Off month aims to reduce substance abuse by house-bound youth

Expert says there is misconception prescribed medication is safe to take

Crews work overnight to try to put out wildfire on Pender Island

Fire department and B.C. Wildfire Service crews extinguishing fire in ‘extremely difficult terrain’

Crews work overnight to try to put out wildfire on Pender Island

Fire department and B.C. Wildfire Service crews extinguishing fire in ‘extremely difficult terrain’

Michael Buble among 13 British Columbians to receive Order of B.C.

Ceremony will be delayed to 2021 due to COVID-19

U.S. border communities feel loss of Canadian tourists, shoppers and friends

Restrictions on non-essential travel across the Canada-U.S. border have been in place since March 2`

Rollout of COVID-19 Alert app faces criticism over accessibility

App requires users to have Apple or Android phones made in the last five years, and a relatively new operating system

Alleged impaired driver sparks small wildfire near Lytton after crash: B.C. RCMP

Good Samaritans prevented the blaze from getting out of control

B.C. First Nation adopts ‘digital twinning’ software to better manage territory

Software allows users to visualize what a mountain might look like if the trees on its slopes were logged

Most Read