Canada’s National Round Table on the Environment and the Economy (NRTEE), a panel composed mainly of government appointees from industry and former Conservative politicians, has released a new report assessing whether Canada should “lead, lag, or harmonize” climate policies with the US, and the consequences of doing so.
In recent years, the Canadian federal government has opposed unilaterally acting on climate change, instead committing to harmonize greenhouse gas (GHG) reductions with the US in a continental approach. This has been a favourite position for Canadian Environmental Ministers wishing to postpone acting on climate change for fear of locking Canada into GHG emissions reductions, and notably for Jim Prentice who quit as Environment Minister late last year:
“Our determination to harmonize our climate change policy with that of the United States also extends beyond greenhouse gas emission targets: we need to proceed even further in aligning our regulations.”
“We will only adopt a cap-and-trade regime if the United States signals that it wants to do the same. Our position on harmonization applies equally to regulation…Canada can go down either road — cap-and-trade or regulation — but we will go down neither road alone.”