In this edition: Coverage of the California market heats up with The Wall Street Journal’s “Carbon Trading Heating Up” and Bloomberg’s “California Emitters May Run Short of CO2 Offsets: Camco” plus Reuters Point Carbon’s “California carbon market to be short of offsets: report” In global news, Reuters reports “Russia Will Not Cut Emissions under Extended Kyoto Climate Pact” and Business Green has “Siemens, Air France-KLM, and BMW lead Dow Sustainability Index”
emissionsEverything tagged with: emissions
September 17, 2012: Renewables and Emissions Trading: Do Schemes like the EU ETS Work?; Carbon Trading Heating Up; Why the recent plunge in U.S. carbon emissions may not last
Since 1992, the Government of Canada has made domestic and international commitments to address climate change, including commitments to reduce its greenhouse gas (GHG) emissions.
The Government of Canada has now committed to reduce its economy-wide GHG emissions to 17 percent below 2005 levels by 2020, in alignment with the United States. This target was set internationally in the 2009 Copenhagen Accord and has also been communicated in the 2010 Federal Sustainable Development Strategy.
In this audit we examined whether Environment Canada had established an implementation plan designed to meet the 2020 national GHG emission reduction target.