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ARTICLE · 12 APRIL 2006

Emissions Trading and Climate Change Bulletin: Canada´s Kyoto Future Uncertain

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As the new Conservative government takes its place in the House of Commons, Canadian industry is paying close attention to today's Throne Speech for an indication as to Canada's future under the Kyoto Protocol. Although they opposed the Accord while in Opposition, the new government's position remains unclear.

CanadaEnergy and Natural Resources
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As the new Conservative government takes its place in the House of Commons, Canadian industry is paying close attention to today's Throne Speech for an indication as to Canada's future under the Kyoto Protocol. Although they opposed the Accord while in Opposition, the new government's position remains unclear.

Kyoto under the Liberal Government

The Kyoto Protocol was ratified by the previous Liberal government in 2005, committing Canada to reducing its overall greenhouse gas emissions ("GHG"s) to 6% below 1990 levels by 2012. With the steady growth of the national economy, particularly in the emissions-intensive resource sector, that commitment now translates into a reduction in GHG emissions of 270 megatonnes.

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