Canada to seek climate deal with Obama
OTTAWA, CANADA - Canada will seek a North American climate-change deal with U.S. president-elect Barack Obama.
Officials say they have been waiting for the departure of George W. Bush to work with his successor on an integrated carbon market.
While states and provinces have been cobbling together a patchwork of approaches, federal officials say the time is ripe for a continent-wide solution.
Foreign Affairs Minister Lawrence Cannon confirmed in an interview that the file will be an immediate priority.
He says there are plenty of similarities between Obama's climate position and the Canadian government's.
He says Environment Minister Jim Prentice will be working on the file over the coming weeks.
Obama has set the target of reducing greenhouse gases to 1990 levels by 2020.
The Harper government's plan would cut emission three per cent below 1990s levels by that time.
Both targets fall well short of the Kyoto Accord, which is supported wholeheartedly by Europe and the developing world.
Related News
Report: Solar ITC Extension Would Be ‘Devastating’ for US Wind Market
WASHINGTON - The booming U.S. wind industry faces an uncertain future in the 2020s. Few factors are more important than the fate of the solar ITC.
An extension of the solar investment tax credit (ITC) at its 30 percent value would be “devastating” to the future U.S. wind market, according to a new Wood Mackenzie report.
The U.S. is on track to add a record 14.6 gigawatts of new wind capacity in 2020, and nearly 39 gigawatts during a three-year installation boom from 2019 to 2021, according to Wood Mackenzie’s 2019 North America Wind Power Outlook.
But the market’s trajectory begins to look…
