Canada announced a new greenhouse gas emissions reduction target in December 2024, committing to cut emissions by 45-50% below 2005 levels by 2035. This represents a significant acceleration from the existing 2030 goal of 40-45% reduction and sets the stage for sweeping changes across Canada’s tech and industrial sectors.
The updated target carries legal weight under the Canadian Net-Zero Emissions Accountability Act, which requires each new emissions goal to match or exceed Canada’s commitments under the Paris Agreement. With Canada’s 2024 emissions sitting at 685 megatonnes of carbon dioxide equivalent, already …