Canada Aligns with EU on Climate Change Agreements, Contrasts with US Stance
Prime Minister Mark Carney's recent investment summit highlighted Canada's need for reliable partners to build a stronger and more resilient economy. In an editorial, Timothy Kwiatkowski of London, Ont., noted that unlike the United States, Canada and the European Union share commitments to international law, multilateral co-operation, and equal accountability.
The EU and 27 member states are parties to eight major international agreements, including the Rome Statute, the Paris Agreement, and the UN Convention on the Law of the Sea. In contrast, the United States has withdrawn from the Paris Agreement and notified its intention to withdraw from the UN Framework Convention on Climate Change.
Tom MacDonald of Ottawa pointed out that Europe is a logical partner for Canada's economic growth, citing that 33% of Canada's foreign direct investment stock comes from Europe, compared to 46% from the United States. Deep Sky plans to invest $328-million in carbon removal, but its impact would be negligible, amounting to only 0.00438% of Canada's total greenhouse gas emissions.