Released: 19 November, 2003
Government of Canada and Dupont Reach Agreement to Address Climate Change
OTTAWA Â- The Government of Canada has signed its third agreement on climate change with industry. DuPont Canada Inc. has committed to reduce its greenhouse gas emissions by an average of 15 percent by 2008Â-2012. The other agreements, with the Canadian Working Group on Carbon Markets and the Forest Products Association of Canada, were signed over the past two months.
The climate change Memorandum of Understanding (MOU) with DuPont was signed today by the Honourable Herb Dhaliwal, Minister of Natural Resources, and the Honourable David Anderson, Minister of the Environment. The MOU sets out key elements of a climate change agreement between the Government of Canada and DuPont Canada, and highlights their mutual efforts to develop a functioning emissions trading system that will allow for the buying and selling of greenhouse gas emissions permits.
Â”DuPont stands out as a corporate leader in efforts to reduce greenhouse gas emissions,Â” said Minister Dhaliwal. Â”DuPont’s past achievements in reducing emissions, combined with its commitment for continuous improvement, put the company in a strong position to play a significant role in the proposed emissions trading system in Canada.Â”
Â”The support and partnership of large final emitters such as DuPont Canada is essential to the successful implementation of the Climate Change Plan for Canada , and to achieving our goal of sustainable development,Â” said Minister Anderson. Â”In signing this Memorandum of Understanding, DuPont is demonstrating its ongoing commitment to our environment.Â”
DuPont President and CEO Doug Muzyka said, Â”This agreement represents a strong spirit of cooperation between industry and government, while providing the certainty of aggressive yet realistic targets that business requires. Both elements are critical for meeting our national commitments to combat climate change.Â”
The principles in the MOU are consistent with government commitments to industry made in the Climate Change Plan for Canada, released in November 2002. The MOU sets out a 15-percent emissions intensity target for the production of nylon intermediates during the first Kyoto commitment period (2008Â-2012). This target reflects recognition for early action taken by DuPont since 1997 and is consistent with government commitments to not disadvantage firms who have taken steps to reduce greenhouse gas emissions. The MOU signed with the government will also give the company clarity on the treatment of these reductions as they proceed with corporate restructuring this year.
Under the Climate Change Plan for Canada , large final emitters are to reduce their greenhouse gas emissions by 55 megatonnes. This equates to a 15-percent reduction in emissions intensities from the government’s business-as-usual forecast for 2010. Large final emitters are companies that produce goods in emissions-intensive sectors, including energy, electricity and selected mining and manufacturing.
DuPont has significantly reduced the emissions intensity of its production of nylon as a result of investment in new technology and equipment to abate nitrous oxide (N2O) emissions, a type of greenhouse gas identified in the Kyoto Protocol.
This agreement builds on the Government of Canada’s commitment to ensuring the quality of life in our communities, a healthy environment and continued economic properity Â- for the Canada we want, for ourselves and for future generations.
Discussions will continue with other industry sectors.
For more information, media may contact:
Director of Communications
Office of the Minister
Natural Resources Canada
Natural Resources Canada