No tax for carbon
Provincial government introduces legislation to combat climate emissions
Saskatchewan’s government introduced its climate change master plan Monday that does not include a carbon tax.
The title of the plan is Prairie Resilience: A Made-in-Saskatchewan Climate Change Strategy.
“Our climate change strategy is about protecting our people and communities as much as it is about working with industry and others to reduce emissions here in Saskatchewan. This plan is broader and bolder than a single policy such as carbon tax, and will achieve better and more meaningful outcomes over the long term,” said Dustin Duncan, Saskatchewan Environment Minister.
Premier Brad Wall’s government has long opposed a federally carbon tax.
The government will be giving its largest emitters - oil, mining and gas facilities – performance standards with compliance options that include making improvements at facilities to reduce emissions intensity, paying into a technology fund and use a best-performance credit among other things.
Performance credits recognize sectors that have already made a push to reduce their emissions or exceed the performance standards in an exceptional manner.
“One of the things industry has been saying to us is that under a federal carbon tax plan, it doesn’t take into account the work that is already done by industries to try to reduce emissions,” said Duncan. “They may have invested, in some cases a significant amount of capital and under the federal approach they get no recognition for that.”
Credits can be used towards regulatory requirements. The plan also reaffirms SaskPower’s commitment to provide a 50 per cent electricity capacity from renewable resources and reduce greenhouse gas emissions by 40 per cent in 2030.