Provinces may have to agree to Ottawa's 2035 clean power target to access funding

Provinces across Canada may have to agree to a 2035 'clean power' goal set by the federal government in order to receive billions of dollars in funding from Ottawa.

This is because the federal government is now considering limiting tax credits and grants for power projects to states committing to zero-emission power projects.

At the same time, Alberta has protested several times, saying that it will not be possible for it to meet this target before 2050.

The Trudeau government's Energy Minister Jonathan Wilkinson and Environment Minister Steven Guilbeault made it clear in a document released on Tuesday that provinces must meet the target of a zero-emissions electricity grid by 2035.

The environment minister is expected to release the first draft of the regulations this week, which could provide a timeline for shutting down gas power plants or connecting them to carbon capture systems.

It is worth noting that 30 to 85 percent of electricity generation in Saskatchewan, Nova Scotia and New Brunswick, including Alberta, is currently coal and natural gas supply.

Apart from this, 6 states are very close to achieving the target of carbon free electricity.