Ontario likely to miss 2030 emissions target by half, report says

By Adrian Morrow, The Globe and Mail.

Ontario’s upcoming cap-and-trade system will likely cut greenhouse gas emissions by less than half of the province’s 2030 target, a new economic analysis has found.

The report, by ICF International for the Ontario Energy Association, suggests the government will have to introduce significantly more greenhouse gas-fighting measures if it hopes to reach its planned reductions.

Ontario emissions currently sit about 6 per cent below 1990 levels, and the government has promised to slash those to 15 per cent by 2020, 37 per cent by 2030 and 80 per cent by 2050.