In December 2015, the Paris Agreement was signed by Canada and 195 other countries. The agreement committed participating countries to implement policies aimed at keeping global temperatures from rising more than two degrees Celsius from pre-industrial levels.
This report focuses on three themes related to Canada’s progress in reducing GHG emissions:
- The economic impact of carbon pricing—starting from the announced federal program and including a range of Conference Board scenarios.
- The economic impact of eliminating fossil fuel-fired electricity generation plants in Canada.
- The economic impact of the extensive investments in green technology development and implementation that will be required to achieve deep emissions reductions.
