Bringing climate policy up to date: decreasing cost projections for renewable

The document applies a methodology to Canada's NDC, suggesting that since 2017, the falling costs of wind, solar PV, and batteries could enable a further reduction of the 2030 emissions target by 1 to 2 percentage points, or 4 to 9 MtCO2e.

• By incorporating technology cost developments for wind, solar PV, and batteries that have occurred since 2017, Canada has the potential to raise the ambition of its NDC target.
• If cost savings in these technologies are reinvested into the same areas, Canada's NDC target of 30% below 2005 levels could be further reduced by 1 to 2 percentage points, which equates to an absolute reduction of 4 to 9 MtCO2e by 2030.

APA

NewClimate Institute (2019). Bringing climate policy up to date: decreasing cost projections for renewable. https://newclimate.org/resources/publications/bringing-climate-policy-up-to-date-decreasing-cost-projections-for-renewable

Chicago

NewClimate Institute. Bringing climate policy up to date: decreasing cost projections for renewable. 2019. https://newclimate.org/resources/publications/bringing-climate-policy-up-to-date-decreasing-cost-projections-for-renewable.

Wikipedia

{{cite report |author=NewClimate Institute |title=Bringing climate policy up to date: decreasing cost projections for renewable |date=27 May 2019 |url=https://newclimate.org/resources/publications/bringing-climate-policy-up-to-date-decreasing-cost-projections-for-renewable |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{newclimateinstitute2019bringing, author = {{NewClimate Institute}}, title = {{Bringing climate policy up to date: decreasing cost projections for renewable}}, institution = {NewClimate Institute}, year = {2019}, month = may, url = {https://newclimate.org/resources/publications/bringing-climate-policy-up-to-date-decreasing-cost-projections-for-renewable}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }