Canada on Tuesday released its Emissions Reduction Plan (ERP), its first detailed road map laying out how it expects to reach its climate target of cutting emissions 40-45% below 2005 levels by 2030.
* Canada has set an interim target of cutting carbon emissions 20% below 2005 levels by 2026. This will be a key measure of whether the country is on track to meet its more ambitious 2030 target.* The government announced C$9.1 billion in new investment to help meet the 2030 target. This will need parliamentary approval and form part of the 2022 budget.* The oil and gas sector accounts for 26% of Canada's overall emissions, making it the biggest-polluting sector.
* The government is continuing to consult with industry and provinces to implement a cap on oil and gas emissions. * Canada will reduce methane emissions from the oil and gas sector by at least 75% below 2012 levels by 2030.* The transportation sector is the second-biggest emitter, accounting for 25% of overall pollution in Canada.
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