Posted by: J. Drake Hamilton in policy, global warming, coal, carbon regulation on Apr 30, 2009
The federal government of Canada has set a target of getting to 90 percent emission-free electricity by 2025. On April 28, Canada's environment minister, Jim Prentice, said that in the next few months the government will release new regulations that will impose absolute emissions caps or limits on coal-fired power plants.
"The approach that we've been working towards involves a cap-and-trade system relating to thermal coal, and the requirement of phasing out those facilities as they reach the end of their useful, fully-amortized life," Mr. Prentice said. "The concept is that, as these facilities are fully amortized and their useful life fully expended, they would not be replaced with coal," the minister said.
These new climate regulations will be released well before the world's leaders meet in Copenhagen this December to negotiate a new global climate treaty.
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