2021-04-21 14:20:00
CANADA REDUCE GHG EMISSIONS
ENERDATA - 21 Apr 2021 - Canada intends to cut greenhouse gas (GHG) emissions in 2030 by 36% compared to 2005 levels and to move forward on a path to reach net-zero emission by 2050, according to the country’s budget for the fiscal year ending in March 2022. The country’s previous 2030 target was to cut GHG emissions by 30%. In addition, Canada plans to invest CAD17.6bn (US$14.1bn) in a “green” recovery.
The country’s GHG emissions increased by 0.2% in 2019 to 730 MtCO2eq, i.e., 21.4% higher than 1990 levels. This evolution was largely driven by increased emissions from oil and gas extraction as well as transport. Emissions in 2019 were 1.1% lower than in 2005.
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Earlier:
2021, April, 8, 11:55:00
CANADA'S SUSTAINABLE ENERGY INVESTMENT $18 BLN
The new group, Sustainable Energy Group (SEG), will combine Energy & Resources (E&R) and Power & Renewables (P&R) groups and have about $18 billion in assets.
2021, April, 2, 12:20:00
CANADA'S SMR NUCLEAR
Between 2035-2050, SMRs could reduce greenhouse gas emissions by 216 megatonnes (Mt) in the heavy industrial sector. Canadian emissions from this sector are currently about 700 Mt per year.
2021, March, 19, 12:35:00
CANADA'S SMR INVESTMENT $45 MLN
According to the study, a 300 MWe grid-scale SMR built in Ontario and operated for 60 years would create direct and related employment including nearly 700 jobs during project development, over 1600 jobs during manufacturing and construction, over 200 jobs during operations, and about 160 jobs during decommissioning.
2021, March, 15, 10:30:00
CANADA'S NET ZERO GOAL
Canada will need to triple its power production levels over the next 30 years to enable the electrification of economic sectors, and this will require the simultaneous development of all available zero-carbon generation technologies simultaneously including large and small nuclear reactors as well as renewables and hydro