As part of a meeting of the IETA (International Emissions Trading Association) at COP21, AAC joins 16 business groups and the World Business Council for Sustainable Development (WBCSD). The AAC has taken a position on the benefits of carbon pricing to give full potential for GHG emissions reduction. This position was made public by the IETA today at 5:00 PM (Paris time) in a press release.

 Canada’s aluminium industry carbon markets statement

“Canada’s aluminium industry has tasked itself to bring its Carbon footprint to the lowest possible limit, coming out of the Rio Summit more than 20 years ago. The challenge was met head on, our industry now being at the technological threshold in terms of GHG emissions. Carbon markets are now the new level playing field for a decarbonized world economy. The constraints of GHG reductions, when set in a realistic and foreseeable regulatory framework, become an efficient performance indicator to improve upon. Organizations are incentivized by the Cap&Trade dynamic, where individuals can actively contribute to meeting the set targets by delivering operational solutions to the benefit of the organization, the country and the planet.”

Jean Simard, President and CEO, Aluminium Association of Canada