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ARTICLE · 07 APRIL 2022

Canada Unveils Bold 2030 Emissions Reduction Plan

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On March 29, 2022, Canada's Minister of Environment and Climate Change unveiled the country's 2030 Emissions Reduction Plan to reduce greenhouse gas emissions (the "Plan").

CanadaTransport
Steven Rosenhek
Steven Rosenhek
Rosalind Cooper
Rosalind Cooper
Montana Licari
Montana Licari
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On March 29, 2022, Canada's Minister of Environment and Climate Change unveiled the country's 2030 Emissions Reduction Plan to reduce greenhouse gas emissions (the "Plan").1 This is the first emissions reduction plan issued under the Canadian Net-Zero Emissions Accountability Act. The Plan includes bold new measures to dramatically curb greenhouse gas emissions: the goal is to reduce emissions by 40 to 45 percent below 2005 levels by 2030 and to achieve net-zero emissions by 2050.

The Plan includes $9.1 billion in new investments in the following initiatives:

  • Increased targets for lower emission vehicle sales: A new government sales mandate will ensure that at least 20% of new light-duty vehicle sales will be zero-emission by 2026, at least 60% by 2030, and 100% by 2035. The government will also develop a regulation to require 100% medium- and heavy-duty vehicle sales to be zero-emissions vehicles ("ZEV") by 2040. In the interim, there will also be regulated

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