Canada Refines Clean Electricity Regulations for Net-Zero Grid by 2035

Canada Refines Clean Electricity Regulations for Net-Zero Grid by 2035

by  
Tracy Liu  
- February 21, 2024

Canada is advancing its efforts to achieve a net-zero emissions power grid by 2035, as part of its broader commitment to reach net-zero emissions economy-wide by 2050, as reported by Reuters on February 16. The proposed changes to the draft clean electricity regulations include setting annual emissions limits for specific power-generating units, allowing power providers to pool emissions from multiple units within one jurisdiction, and permitting the use of carbon offsetting. These adjustments aim to enhance flexibility for provincial operators to maintain reliable and affordable power while still aligning with Canada’s emissions reduction goals. Despite opposition from conservative provinces such as Alberta, which is exploring the creation of a publicly-owned electricity company to bypass federal requirements, Federal Environment Minister Steven Guilbeault emphasized that the proposed changes are based on feedback from various stakeholders and are expected to achieve emissions reductions comparable to the original plan.

Prime Minister Justin Trudeau’s Liberal government, in response to extensive feedback received during consultations, is refining its draft clean electricity regulations to bolster Canada’s pursuit of a net-zero emissions power grid by 2035. The proposed amendments aim to address concerns raised by stakeholders while remaining consistent with the overarching goal of achieving emissions reductions. By shifting towards annual emissions limits for power-generating units and allowing for emissions pooling and carbon offsetting, the government seeks to strike a balance between environmental objectives and ensuring the reliability and affordability of electricity supply. Despite resistance from conservative provinces, the federal government maintains that the proposed changes reflect a synthesis of input from various stakeholders and are expected to yield emissions reductions on par with the original plan outlined in the draft regulations.

Sources:

https://www.reuters.com/sustainability/climate-energy/canada-proposes-changes-draft-clean-electricity-regulations-2024-02-16/

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