One of the biggest government initiatives to encourage manufacturers to decarbonize is failing to attract the largest emitters, says Ottawa’s environmental watchdog.
The government’s $8 billion program, intended to help the largest-emitting manufacturing industries reduce their emissions, has failed to entice them, says a report released Tuesday morning by Jerry DeMarco, the federal commissioner of environment and sustainable development.
Of Canada’s top 55 emitters, only two have signed contribution agreements so far with the federal government under its Net Zero Accelerator initiative, the report says. About a dozen other large emitters applied for the initiative but the federal government has not yet signed agreements with them.
