GNWT Releases 2030 Energy Strategy

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The GNWT released their long-awaited 2030 Energy Plan Tuesday afternoon.

The plan sets out to reduce territorial greenhouse gas emissions to 30 per cent below the territory’s levels in 2005 by the year 2030.

While no detailed initiatives were announced, the government did outline a number of projects that it hopes to have funding approval for later this year.

These projects would be funded through a bilateral agreement with Infrastructure Canada that will provide the territorial government with up to $250 million. Those funds will be given to different projects upon approval by the federal government.

The government hopes to announce the first round of project approvals by the end of this year.