Canada needs a Climate Action Fund to tackle energy transition

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Opinion: Canada needs a Climate Action Fund to tackle energy transition cdnpoli (subs)

Canada's current green policy strategies—overseen by Environment Minister Steven Guilbeault—heavily rely on subsidies, which are costly and not necessarily effective due to their discretionary nature, write Hugo Cordeau and Olivier Jacques.

Eight months ago, nearly 200 countries gathered at the United Nations Climate Change Conference, COP26, to ratify the Glasgow Accord. It was a failure. A successful Conference of the Parties would have put concrete mechanisms to limit temperature rise to 1.5 degrees Celsius, including a global carbon tax. None of which occurred at the COP26.Enjoy unlimited website access and the digital newspaper.

 

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