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

Central zone active cases down to 20

Province provides update

Ladies Golf Scramble raises $3,355 for local charity

All proceeds raised will be donated to the Education Plus Fund for the WRPS district.

Three Central Alberta breweries win big at the Canadian Brewing Awards this year.

Hawk Tail Brewery among two other Central Alberta Breweries to bring home top accolades.

Wetaskiwin RCMP make arrests for Hit and Run to residence

Damage estimates are expected to be in excess of $20,000.

UPDATED: Red Deer has nine active COVID-19 cases

Number of cases increased by 107 Friday

Quirky Canadian comedy ‘Schitt’s Creek’ takes Emmys by storm with comedy sweep

Toronto-raised Daniel Levy and Ottawa-born Annie Murphy both got supporting actor nods

First annual Best of Wetaskiwin Readers’ Choice Awards

Enter to win a $200 gift card for Canadian Tire.

Lacombe beekeepers give the buzz on winterizing hives

Winterizing a honeybee hive is not a simple task, local apiarists say

Six injured, man in custody following BB gun incident in Alberta, RCMP say

Airdrie’s downtown core was told to shelter-in-place, while others nearby were asked to stay inside

Nearly 20 per cent of COVID-19 infections among health-care workers by late July

WHO acknowledged the possibility that COVID-19 might be spread in the air under certain conditions

Young Canadians have curtailed vaping during pandemic, survey finds

The survey funded by Heart & Stroke also found the decrease in vaping frequency is most notable in British Columbia and Ontario

“My world exploded,” says Bentley-area farmer who’s swather was struck by a motorist

Dennis Duncan was a mile from home when his swather was struck by another travelling at high speeds

Most Read