Dear John,

Have you heard about Canada's Net-Zero Emissions Accountability Act?

According to its government website, the Act "enshrines in legislation the Government of Canada’s commitment to achieve net-zero greenhouse gas emissions by 2050, and provides a framework of accountability and transparency to deliver on it."

Sounds good, right?

Not so fast – a Fraser Institute legal analysis finds that the Act actually does not require Canada to reach the federal government’s net-zero target!

Here's why:

• The Act is not legally binding. The wording of the law does not the federal government to meet those targets, nor are there any penalties for failing to do so.
• There is no costed plan. The legislation fails to provide a clear plan with measurable actions.
• The Act is not necessary. Emissions targets have already been set without using legislation.
• It is not required for transparency. Canada’s reporting under the Paris Agreement already requires transparency, creating accountability.

Learn more by reading the full analysis here, and be sure to share this news on social media!

Sincerely,

Niels Veldhuis
President
The Fraser Institute