LEGISLATIVE ENVIRONMENT
Canada's federal budget on Tuesday unveiled few emissions-cutting policies, but climate advocates say the key for Justin Trudeau's Liberal government is to prioritise implementation of existing programs ahead of next year's election that could see the Conservatives clinching power.
Canada, the world's fourth-largest oil producer, has pledged to cut greenhouse gas emissions 40% to 45% below 2005 levels by 2030. Trudeau's Liberals have announced a number of measures to hit that target, including an oil and gas emissions cap, methane regulations and investment tax credits in clean electricity and carbon capture and storage, but progress has been slow compared with other nations.
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