Saturday, January 15, 2005
Climate Change: Government and Canadian Steel Industry Reach Agreement
Government of Canada: The Government of Canada, the Government of Ontario and the Canadian Steel Producers Association today signed a Memorandum of Understanding to work together to address climate change.
The agreement sets out short-term and longer-term plans for government and industry action to reduce greenhouse gas (GHG) emissions. The steel industry commits to doing its share to help Canada meet its climate change commitments, provided this does not undermine the competitiveness of the industry or result in an unfair burden. The Government of Canada will design emissions-reduction targets that reflect this commitment. It will also join forces with the industry to develop new low-emissions technologies by committing $300,000 to an international research effort.
The agreement sets out short-term and longer-term plans for government and industry action to reduce greenhouse gas (GHG) emissions. The steel industry commits to doing its share to help Canada meet its climate change commitments, provided this does not undermine the competitiveness of the industry or result in an unfair burden. The Government of Canada will design emissions-reduction targets that reflect this commitment. It will also join forces with the industry to develop new low-emissions technologies by committing $300,000 to an international research effort.
