The cap would lead to at least $45 billion in lost economic activity in 2030 alone.
greenhouse gas emissions
Global energy consumption in 2023 will be higher than last year.
If these provinces do not comply, they may be hit with another carbon tax.
Electricity satisfies only a modest slice—roughly one-fifth—of Canada’s total primary energy demand.
Similar energy transitions in Europe have not gone smoothly, to say the least.
The effect of climate change on economic growth will likely be insignificant or even positive.
Government investments in biofuels around the world have actually hurt the environment.
According to estimates, it will cost Canada $2 trillion to reach net-zero by 2050.