The money will fund the province's efforts to meet emission targets set for 2012 in the Kyoto Protocol calling for a 6 - per -
cent reduction below 1990 levels.
Not exact matches
The expansion of the industry also runs counter to B.C.'s Greenhouse Gas
Reduction Targets Act, a commitment to reduce carbon pollution 33 per
cent below 2007 levels by 2020, he said.
The headline rate could drop
below half of one per
cent by the second half of 1997, before moving back towards the underlying figure as the interest rate
reductions pass out of the calculation.
The B.C. Climate Leadership Team appointed by Christy Clark highlighted that increases to the carbon tax are necessary if B.C. is going to have a good shot at achieving its 2050 emissions
reduction target (80 per
cent below 2007 levels by 2050).
Last year, that proportion dropped
below 40 per
cent and the NSERC's authorities seem to favour its gradual
reduction to zero.
Fairmont Hotels and Resorts achieve global CO2
reduction target Fairmont Hotels & Resorts today announced that it has achieved WWF Climate Savers program targets, reducing its operational CO2 emissions by 20 per
cent below 2006 levels.
The overall
reduction for the so - called Annex I countries (those listed in the table
below) was expected to be 5.2 per
cent when the protocol was signed.
The targets add up to emission
reductions of 18 per
cent below their 1990 levels for the eight - year commitment period.
Based on the statistics from the table
below, the buildings sector has had differential success in addressing Canada's commitment to the Kyoto Agreement, which requires
reductions to six per
cent below 1990 GHG emission levels between 2008 - 2012.
Canada faces a significant gap between emissions
reductions that would result from current climate policies and what is needed to reduce emissions by 30 per
cent below 2005 levels by 2030, as promised in Paris.
In the simulated case
below, the «Low Carbon US» achieves a 56.7 per
cent reduction in normalized greenhouse gas emissions with the bonus of an extra 7.8 per
cent in total returns compared to the original index over the time period January 1, 2008 to August 31 2014.
Although the government projects that the measures promised in the Pan-Canadian Framework will get us fairly close to our 2030 target, litigants may argue this is too little, too late, as it falls far short of the threshold the court held the Dutch government accountable to in the Urgenda case (25 per
cent below 1990 levels by 2020)-- the level of
reduction needed to avoid 2 C of warming.
Even though the Dutch government already had a reasonably ambitious GHG emissions
reduction plan in place, the court held that it was insufficient given international recognition at COP16 in 2010 that developed countries need to reduce their emissions 25 to 40 per
cent below 1990 levels by 2020 in order to avoid 2 C of warming.
New Zealand is prepared to take on a responsibility target for greenhouse gas emissions
reductions of between 10 per
cent and 20 per
cent below 1990 levels by 2020, if there is a comprehensive global agreement.
Quebec has adopted a greenhouse gas emissions
reduction target of 37.5 per
cent below 1990 levels by 2030.
«The goal of the CGGF program is to engage individuals and communities in the
reduction of greenhouse gas emissions, which helps Ontario achieve its greenhouse gas emission
reduction targets (six per
cent below 1990 levels by 2014),» says Robert Musgrove, program evaluation / business review co-ordinator at the Ministry of Environment.