The Mining Association of Canada (MAC) has announced support for an efficient pan-Canadian approach to addressing climate change.
"One of Canada's largest industries is coming out in support of a carbon price, identifying it as the most effective and efficient means of driving emissions reductions and making real progress in the global fight against climate change," said Pierre Gratton, president and CEO of the industry association.
"MAC's support of a carbon price is guided by our principles for climate change policy design, and is based on 16 years of our members' continuous efforts to reduce emissions through technology and innovation, and become more energy efficient."
MAC's Principles for Climate Change Policy Design document recommends a revenue neutral carbon price that is applicable to all sectors of the Canadian economy and responsive to competitiveness challenges.
"The Canadian mining industry's efforts over the past two decades in reducing emissions and protecting the environment have been significant, underscoring the industry's commitment to being part of the solution,” stated Gratton. “Fighting climate change and meeting emissions targets will require a concerted global effort, and MAC and its members are determined to be constructive partners."
