VIDEO: Feds say next carbon price hike won’t be decided til 2022

Comment follows study that suggested best way to hit 2030 emissions targets was to quadruple price

Environment Minister Jonathan Wilkinson says there will be no decision made about hiking the carbon price beyond $50 a tonne for at least another two years.

The Ecofiscal Commission study released last week suggested the most efficient way for Canada to hit its 2030 emissions targets was by quadrupling the carbon price to $210 a tonne.

Wilkinson says Canada must get much more aggressive in cutting greenhouse gas emissions, but any increases to the carbon price won’t be decided until after the promised review is completed in 2022.

Still, Wilkinson says his priority as the new minister in charge of Canada’s climate action plan is to figure out how Canada will hit its goal to eliminate almost one-third of Canada’s emissions over the next 11 years.

After that, he will turn his attention to addressing a Liberal election promise to exceed the 2030 target.

Wilkinson says he will go to the annual United Nations climate meetings in Spain next week to say Canada will live up to that promise, but specifics about how Canada will get there won’t likely be revealed until the fall of 2020.

The Canadian Press

Just Posted

Nelson and Rossland accepted as interveners in Supreme Court of Canada carbon pricing case

Victoria, Vancouver, Squamish, and Richmond also have intervener status

Kootenay Lake ferry labour dispute ends with ratified agreement

The deal was approved by 83 per cent of members

Rapping mom busts rhymes for Castlegar rec centre kid’s drop-in

Funny video with important message about importance of service

‘Things haven’t changed enough:’ Ecole Polytechnique anniversary prompts reflection

Fourteen women were fatally shot by a gunman at the Montreal school on Dec. 6, 1989

B.C. pharmaceutical company’s stocks double in value after successful lupus drug trial

More than 40 per cent of patients using voclosporin saw improvements in kidney function

Second warning on romaine lettuce from California region as another E. coli case reported

Two cases of E. coli have been reported in relation to the illness in the U.S.

WorkSafeBC investigating serious incident at Kootenay Boundary landfill

Medical incident shut down the McKelvey Creek landfill Friday morning

Residents in B.C. city could face 133% tax hike in ‘worst case’ lawsuit outcome: report

An average home could see a tax increase of $2,164 in one year

B.C. Transit finds 28 used fareboxes online, saves $300,000

‘Someone joked maybe we can buy used fareboxes on eBay,’ CEO says

Many of Canada’s working poor can’t afford lawyers, don’t qualify for legal aid

One lawyer says many people earn too much to qualify for legal aid, but not enough to really live on

Economy lost 71,200 jobs in November, unemployment rate climbs to 5.9%

Jobless rate is at its highest since August 2018, when it hit 6%

VIDEO: John Lennon’s iconic Rolls Royce rolls into Vancouver Island college for checkup

Royal BC Museum, Camosun College and Coachwerks Restorations come together to care for car

Most Read