As we
previously reported, the federal government intends to enact
regulations to phase out coal fired generation in Canada. These
regulations will require both new coal-fired power plants, and any
existing plants reaching their 40-year lifespan, to be fitted with
carbon capture and storage equipment.
Minister of Environment Peter Kent has now announced that the federal government
and the government of Nova Scotia are working towards an
equivalency agreement which would allow the Province to make its
own rules to meet national targets.
Nova Scotia has already mandated a reduction of 25 per cent in
greenhouse gas emissions in the electricity sector by 2020. The
agreement with the federal government would require new targets
extending to 2030 to match reductions that would be required under
the proposed federal regulations.
