Going Green Could Crush Canada’s Oil Industry ...Middle East

Economy by : (OILPRICE) -
As Prime Minister Trudeau reveals his ‘net-zero’ plan for 2050, it is clear that Canada is still very much reliant on its oil industry.  The new bill requires Canada to meet multiple targets to reach its goal of net-zero emissions by 2050, one of the aims of the internationally-signed Paris climate agreement. However, critics say the country has already failed to meet its targets over the last decade, making this plan overly ambitious.  In addition, Trudeau has failed to provide the required five-year targets or to clarify…

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