Greens Promise 60% Carbon Cut by 2030, Fossil Subsidy Phaseout in One Year – The Energy Mix
The party “would ban hydraulic fracking in the natural gas industry, cancel the Trans Mountain pipeline expansion, and eliminate what they describe as fossil fuel subsidies,” the Globe and Mail reports. “The party’s platform is designed to address a climate crisis, and says new jobs would be created through investments—by both government and the private sector—in a massive energy efficiency retrofit of residential, commercial, and institutional buildings, as well as green transportation infrastructure, including a high-speed rail in the Toronto-Ottawa-Quebec City triangle and the Calgary-Edmonton corridor.”
The platform proposes to save “several billion dollars a year” by cancelling Trans Mountain and fossil subsidies and reinvest that money in a national renewable grid strategy, the Globe notes. “It’s an exciting time to be alive because we actually can do all these things, but not with business as usual,” Green leader Elizabeth May said, during the party’s launch event in Toronto.