Canada unveils multibillion-dollar plan to cut carbon emissions

Last year, Canadian Prime Minister Justin Trudeau's government set a new target of slashing carbon emissions by 40 to 45 percent below 2005 levels by 2030 [File: Jacquelyn Martin/AP Photo]

Canadian Prime Minister Justin Trudeau has unveiled a $7.3bn (9.1 billion Canadian dollars) plan to help the country meet its carbon emissions target, including significant reductions in the oil-and-gas sector.

Speaking in Vancouver on Tuesday, Trudeau linked Europe’s effort to move away from Russian oil and natural gas after the country’s invasion of Ukraine to a broader, global push towards renewable energy.