Canada will fall short of reaching net-zero emissions by 2050, unless it takes actions beyond the efforts already underway, the Canada Energy Regulator (CER) said on Tuesday.
The CER's annual report laid out three scenarios around Canada's net-zero 2050 goal, an ambition that other countries have adopted as well. The report did not make recommendations on how to meet the goal.
"It's a very ambitious and challenging goal to meet for Canada," CER chief economist Jean-Denis Charlebois told reporters. "Every industry, every province, everyone will need to make a difference." "If we feel like there is a need to actually move the needle in some particular area to go faster ... we are continually evaluating that," he said.
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