Abstract
Amidst the growing urgency of climate change, this study delves into Canada's commitment to reducing greenhouse gas (GHG) emissions as part of its Nationally Determined Contributions (NDCs) under the Paris Agreement. It aims to comprehensively understand the economic dimensions of Canada's NDC goals. Through an extensive literature review, the research establishes the groundwork for examining emission reduction targets, policy effectiveness, technological feasibility, and socio- political factors. Building on this foundation, a conceptual framework is developed, outlining key relationships among NDC targets, policies, economics, feasibility, socio-political contexts, and international cooperation. The research employs a multifaceted methodology, incorporating data collection and a marginal cost of abatement analysis to assess cost-effectiveness across emission reduction options. We expect to build the marginal cost of abatement curve based on the results from research institutions, government websites, and other NGOs. All in all, this research contributes nuanced insights into Canada's emission reduction pursuits, unveiling the intricate dynamics between policies, economics, and technology.
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