Prime Minister Mark Carneyโs first budget has brought some qualified relief for climate policy experts, who were growing increasingly nervous that lowering carbon emissions was taking a backseat to shoring up economic competitiveness.
โI was positively surprised perhaps because my expectations were fairly low,โ said Yrjรถ Koskinen, director of research at the Institute for Sustainable Finance at Queenโs University. โThe budget emphasizes that climate policies are an economic necessity.โ
Canadaโs largest trade partner, the U.S., has turned away from climate action under President Donald Trump and moved firmly to expand fossil fuel extraction and trade.
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