Green transition tax credits needed quickly, but some eligibility concerns remain, say energy sector advocates

Bill C-59, which includes draft legislation for tax credits related to clean technology and carbon capture, utilization and storage, is currently at second reading in the Senate.

Environment Minister Steven Guilbeault said that the 2023 federal budget outlined more than $80-billion in measures to fight climate change, starting with proposed investment tax credits for clean energy and technology.The Hill Times photograph by Andrew Meade

News

BY JESSE CNOCKAERT

June 3, 2024

Business and renewable energy sector advocates are pushing for the federal government to move quickly to finalize and implement long-awaited net-zero investment tax credits, although some would like to see broader eligibility criteria to help ensure more groups can benefit.

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.

Already a Subscriber?

Get Tuesdays: Innovation & Industry Newsletter

The policies, decisions, and people working on investment and regulation in the industry and innovation realm.

By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy