Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

UPDATE 1-Canada may tweak emissions goals before Copenhagen

Published 11/29/2009, 10:41 AM
Updated 11/29/2009, 10:42 AM

* Harper wants to keep Canada in step with U.S. levels

* Will be in Copenhagen for climate conference

(Adds quotes, background)

PORT OF SPAIN, Nov 29 (Reuters) - Canada may make minor adjustments to its targets for cutting greenhouse gas emissions before climate talks in Copenhagen next month, Canadian Prime Minister Stephen Harper said on Sunday.

Harper told reporters on the sidelines of a Commonwealth summit in Trinidad and Tobago his country believed it was essential to keep Canadian targets in line with those of its neighbor, the United States, because of the close integration of their two economies.

As Dec. 7-18 U.N. climate talks in the Danish capital approach, major industrialized powers like the United States and Canada are coming under increasing pressure to commit to substantive cuts in their greenhouse gas emissions.

Canada's Conservative government walked away from the existing Kyoto climate change pact, saying it could harm the economy, and it has been often criticized for dragging its feet on global warming.

At the Commonwealth summit Harper told reporters, "Canada's position, since we took office, has been clear. We've said we're at a roughly 20 percent reduction going forward in the first commitment period to 2020.

"I notice the United States has come out with a target of 17 percent below 2005 levels from now to 2020 -- that's virtually identical to Canada's own target, so we may make some minor adjustments but that will essentially be our target."

Harper has said he will attend next month's Copenhagen talks, along with U.S. President Barack Obama and close to 90 other heads of state and government.

The deal the United Nations is aiming for in Copenhagen, which it hopes to turn into a full legally binding treaty in 2010, would cover tougher emissions targets, climate financing for poorer nations and transfer of clean-energy technology.

Ottawa says its plans to cut greenhouse gases by 20 percent by 2020 from 2006 levels are actually slightly tougher than Obama's vow to reduce emissions by roughly 17 percent below 2005 levels by 2020.

The Canadian House of Commons recently adopted a nonbinding motion calling on Canada to reduce greenhouse gas emissions by 25 percent from 1990 levels. The government says this kind of reduction would wreck the economy.

On a per capita basis, Canada is one of the most polluting countries in the world, emitting 19.8 tonnes of greenhouse gases per person annually, second only to the United States. (Reporting by Pascal Fletcher; Editing by Bill Trott) ((pascal.fletcher@thomsonreuters.com; +1 305 766 9913))

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.