Carney Concedes Canada Will Overshoot Emissions Forecasts - Bloomberg.com
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Canadian Prime Minister Mark Carney has acknowledged that his country's emissions will exceed previous forecasts in coming years, effectively conceding that near-term climate targets are unattainable. Carney attributed the shortfall to a three-pronged crisis involving affordability pressures from global oil volatility, economic vulnerability from dependence on U.S. markets, and the mounting burden of climate transition costs.
Canada Prime Minister Mark Carney Won’t Curb Oil Growth to Meet Climate Targets - Bloomberg
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Carney Concedes Canada Will Overshoot Emissions Forecasts
*Canadian Prime Minister Mark Carney
Photographer: David Kawai/Bloomberg*
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By Laura Dhillon Kane
June 30, 2026 at 2:19 PM EDT
Prime Minister Mark Carney said Canada’s emissions will be higher in the coming years than previously projected, his clearest admission yet that the country’s near-term climate targets are likely out of reach.
Carney outlined his government’s energy strategy in the second installment of a video series called *Forward Guidance*, arguing Canada is grappling with a three-part crisis: affordability pressures driven by global oil volatility, economic vulnerability tied to heavy reliance on US markets and the mounting challenge of the climate transition.
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Carney Concedes Canada Will Overshoot Emissions Forecasts
*Canadian Prime Minister Mark Carney
Photographer: David Kawai/Bloomberg*
Contact us: Provide news feedback or report an error
Confidential tip? Send a tip to our reporters
Site feedback: Take our Survey
By Laura Dhillon Kane
June 30, 2026 at 2:19 PM EDT
Prime Minister Mark Carney said Canada’s emissions will be higher in the coming years than previously projected, his clearest admission yet that the country’s near-term climate targets are likely out of reach.
Carney outlined his government’s energy strategy in the second installment of a video series called *Forward Guidance*, arguing Canada is grappling with a three-part crisis: affordability pressures driven by global oil volatility, economic vulnerability tied to heavy reliance on US markets and the mounting challenge of the climate transition.
HomeBTV+Market DataOpinionAudioOriginalsMagazineEvents
News
MarketsEconomicsTechnologyPoliticsGreenCryptoAI
Work & Life
WealthPursuitsBusinessweekCityLabSportsEqualityManagement & Work
Market Data
StocksCommoditiesRates & BondsCurrenciesFuturesSectorsEconomic Calendar
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Tags:#كندا#الاقتصاد#تغير المناخ#الانبعاثات#الطاقة#السياسة
Source: Bloomberg
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