Ottawa says it must maximize revenue from the Trans Mountain pipeline to fight climate change

DM

The minister responsible for Canada’s role in fighting climate change is defending his government’s purchase of the Trans Mountain pipeline after a landmark UN report said the continued use of fossil fuels is pushing the climate toward catastrophe. Minister of Environment and Climate Change Jonathan Wilkinson said today that revenue generated by the project will help Canada achieve its long-term climate objectives. Wilkinson reaffirmed Canada’s commitment to phasing out fossil fuels and achieving net zero carbon emissions by 2050, but said achieving that target will require money generated by fossil fuels. “Canada needs to ensure that in the context of that transition, it’s extracting full value for its resources and using that money to push forward in terms of reducing emissions,” Wilkinson told guest host Katie Simpson in an interview on CBC’s Power & Politics. “What we’re doing is saying it’s got to be part of the transition, but part of the transition is being able to raise the revenues that enable you to actually make the investments that are required to go there.”

Notifications - Subscriptions
Notify of
5 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments

5
0
Would love your thoughts, please comment.x
()
x