Federal government unveils plan to allow communities, industry to earn carbon offset credits Peter Zimonjic © CBC Municipal landfills produce methane, a powerful greenhouse gas that contributes to climate change. Under the new offset system, municipalities would be able to earn carbon credits for capturing methane instead of letting it escape into the atmosphere.
The federal government announced today that it s developing a greenhouse gas carbon offset program it says will help to generate new ideas to reduce emissions.
The Greenhouse Gas Offset System will allow municipalities, farmers, Indigenous communities, businesses and others to earn credits for projects that reduce carbon emissions or take them out of the atmosphere.
Government of Canada announces next step in creation of domestic carbon offset to further support clean growth
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Federal government unveils plan to allow communities, industry to earn carbon offset credits
cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.
Federal government unveils plan to allow communities, industry to earn carbon offset credits
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Canada
December 15 2020
Under the Paris Agreement, Canada has committed to reducing its greenhouse gas (GHG) emissions by 30% below 2005 levels by 2030. The first policy steps taken to meet our Paris Agreement commitment were guided by the Pan-Canadian Framework on Clean Growth and Climate Change (the Pan-Canadian Framework), which was adopted in December 2016. On December 11, 2020, the federal government released its Healthy Environment and a Healthy Economy Plan (the Plan), which builds on the Pan-Canadian Framework and provides a road map forward to meet our 2030 emissions reduction target.
The Plan is the cornerstone of the federal government’s commitment in the 2020 Speech from the Throne to create over one million jobs, and includes 64 new measures and $15 billion in investments. This is in addition to the Canada Infrastructure Bank’s (CIB) $6 billion for clean infrastructure announced in October 2020 as part of the CIB’s Growth Plan, which targets investments in clean