Climate change priorities for Canada’s new government

The Canadian Climate Institute proposes four immediate priorities for the new government: strengthening industrial carbon pricing, finalizing oil and gas methane regulations, completing the Clean Electricity Investment Tax Credit, and establishing a national climate taxonomy for the financial sector.

• The Canadian Climate Institute recommends updating the minimum standards for industrial carbon pricing to make the systems more transparent, more stringent, and better aligned across Canada to increase emissions reductions and investor certainty.
• The government should finalize methane regulations for the oil and gas sector, potentially increasing the target for emissions reductions to 80 per cent by 2030, exceeding the previous draft target of 75 per cent.
• Finalizing the Clean Electricity Investment Tax Credit (ITC) is urged to support the build-out of electricity infrastructure and attract investment from entities including pension funds, municipalities, and First Nations.
• The document proposes the creation of an independently funded body to establish a national climate taxonomy, providing the financial sector with standardized criteria to evaluate climate-related risks and opportunities.

APA

Canadian Climate Institute (2025). Climate change priorities for Canada’s new government. https://climateinstitute.ca/climate-change-priorities-canada-new-government/

Chicago

Canadian Climate Institute. Climate change priorities for Canada’s new government. 2025. https://climateinstitute.ca/climate-change-priorities-canada-new-government/.

Wikipedia

{{cite press release |author=Canadian Climate Institute |title=Climate change priorities for Canada’s new government |date=30 April 2025 |url=https://climateinstitute.ca/climate-change-priorities-canada-new-government/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{canadianclimateinstitute2025climate, author = {{Canadian Climate Institute}}, title = {{Climate change priorities for Canada’s new government}}, publisher = {Canadian Climate Institute}, year = {2025}, month = apr, url = {https://climateinstitute.ca/climate-change-priorities-canada-new-government/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }