Fri Oct 6, 2023 – 8:21 pm EDT
FREDERICTON, New Brunswick (LifeSiteNews) — A New Brunswick report revealed that a carbon tax of more than $350 per tonne is needed to reach Prime Minister Justin Trudeau’s net-zero goals by 2050.
According to Pathways to Net Zero Greenhouse Gas Emissions in New Brunswick published last week, “strong and compulsory policies” are necessary for Trudeau’s climate goals to be achieved by 2050.
“Both New Brunswick and the federal government have established a target of achieving net zero greenhouse gas (GHG) emissions by 2050,” the report prepared for New Brunswick’s Climate Change Secretariat read. “Such a target implies reducing emissions to as close to zero as possible while counter-balancing any remaining emissions through carbon dioxide removals from the atmosphere.”
“Under the ERP scenario, the gap to net zero is 6 Mt in 2050,” the research continued. “The implication is that strong and compulsory policies are required to close this gap.”
“These policies would entail an effective carbon price of over $350 dollars (2020 CAD) per tonne by mid-century (i.e., a carbon price of that level or a comparable suite of regulatory policies that achieve the same effect),” it concluded.
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