AIRLINK 71.69 Decreased By ▼ -2.41 (-3.25%)
BOP 5.00 No Change ▼ 0.00 (0%)
CNERGY 4.39 Increased By ▲ 0.05 (1.15%)
DFML 28.55 Decreased By ▼ -0.99 (-3.35%)
DGKC 82.40 Decreased By ▼ -1.15 (-1.38%)
FCCL 21.95 Decreased By ▼ -0.48 (-2.14%)
FFBL 34.15 Decreased By ▼ -0.75 (-2.15%)
FFL 10.08 Increased By ▲ 0.21 (2.13%)
GGL 10.12 Increased By ▲ 0.12 (1.2%)
HBL 113.00 Increased By ▲ 1.00 (0.89%)
HUBC 140.50 Increased By ▲ 2.81 (2.04%)
HUMNL 8.03 Increased By ▲ 1.05 (15.04%)
KEL 4.38 Decreased By ▼ -0.02 (-0.45%)
KOSM 4.50 Decreased By ▼ -0.09 (-1.96%)
MLCF 38.01 Decreased By ▼ -0.54 (-1.4%)
OGDC 134.69 Decreased By ▼ -1.91 (-1.4%)
PAEL 26.62 Increased By ▲ 1.48 (5.89%)
PIAA 25.40 Decreased By ▼ -1.11 (-4.19%)
PIBTL 6.55 Decreased By ▼ -0.10 (-1.5%)
PPL 121.95 Decreased By ▼ -3.45 (-2.75%)
PRL 27.73 Decreased By ▼ -0.48 (-1.7%)
PTC 13.80 Decreased By ▼ -0.50 (-3.5%)
SEARL 54.89 Increased By ▲ 0.29 (0.53%)
SNGP 69.70 Decreased By ▼ -1.50 (-2.11%)
SSGC 10.40 Decreased By ▼ -0.10 (-0.95%)
TELE 8.50 Decreased By ▼ -0.02 (-0.23%)
TPLP 10.95 Increased By ▲ 0.01 (0.09%)
TRG 60.90 Increased By ▲ 0.20 (0.33%)
UNITY 25.22 Decreased By ▼ -0.11 (-0.43%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
BR100 7,619 Decreased By -45.8 (-0.6%)
BR30 24,969 Decreased By -56.1 (-0.22%)
KSE100 72,761 Decreased By -3 (-0%)
KSE30 23,625 Decreased By -150.3 (-0.63%)
World

Canada's top court upholds pillar of Trudeau's plan to fight climate change

  • Noting that climate change is a threat to the country as a whole, the country's top court upheld the legality of the Greenhouse Gas Pollution Pricing Act, which had been challenged by the provinces of Alberta, Saskatchewan and Ontario.
  • "Parliament has jurisdiction to enact this law as a matter of national concern," Chief Justice Richard Wagner wrote in the ruling.
Published March 25, 2021

CALGARY, ALBERTA/OTTAWA: Canada's Supreme Court ruled in favour of the federal government's carbon pricing policy on Thursday, upholding a central pillar of Prime Minister Justin's Trudeau's climate plan.

Noting that climate change is a threat to the country as a whole, the country's top court upheld the legality of the Greenhouse Gas Pollution Pricing Act, which had been challenged by the provinces of Alberta, Saskatchewan and Ontario.

"Parliament has jurisdiction to enact this law as a matter of national concern," Chief Justice Richard Wagner wrote in the ruling.

Carbon pricing, often called a carbon tax by opponents, is the lynchpin of Canada's plan to ultimately reach net-zero emissions by 2050. Ottawa will steadily ramp up the price of carbon to C$170 ($135.08) a ton by 2030, from C$30 a ton currently.

Under the carbon pricing act, Ottawa can impose a federal levy on provinces that do not have an adequate carbon pricing system of their own. Opposing provinces argued this infringed on their jurisdiction, but the Supreme Court ruled federal intervention was justified.

"All parties to this proceeding agree that climate change is an existential challenge. It is a threat of the highest order to the country, and indeed to the world," Wagner wrote.

The ruling was backed by six members of the nine-member court, with three dissenting opinions.

Canada is the fourth-largest oil producer in the world and the fifth-largest carbon emitter on a per capita basis.

The country needs to cut emissions by 30% below 2005 levels by 2030 to fulfil its international climate commitments, which would involve slashing annual emissions to 511 megatons, compared with 729 megatons in 2018.

The Liberal government unveiled a strengthened climate plan last year aimed at reducing emissions to 503 megatons.

"Carbon pricing is the central defining feature of their climate strategy," said Sarah Petrevan, policy director at think tank Clean Energy Canada.

Comments

Comments are closed.