2030 Emissions Reduction Plan And Canada's Journey To Net Zero

What you need to know

• On March 29, 2022 the Government of Canada (Federal Government) delivered its 2030 Emissions Reduction Plan (the Plan);
• The Plan outlines current and new policies by the Government of Canada to meet its greenhouse gas (GHG) reduction targets and in some cases, associated funding.
• Key highlights include:
  • Clean fuels: Accelerated year-to-year carbon intensity reductions are being proposed, including an annual reduction of 1.5 per cent carbon intensity instead of the previously planned 1.2 per cent annual reductions.
  • Buildings: Regulation through building codes can help affect the changes needed to decarbonize the buildings sector, since much of the technology needed to achieve decarbonisation of the buildings already exists.