Budget 2024

Tax and spend fiscal plan will inhibit growth

Following Emera’s announcement that it will phase out all coal by 2040 and achieve net-zero carbon emissions by 2050, Scott Balfour explained to BNN Bloomberg how these policies align with both customers and government policymakers.

“That strategy of working to reduce the carbon intensity of the energy we deliver for our customers is aligned well with both of the federal administrations’ intentions in the U.S. and, frankly, here in Canada, too, and we’ve been doing our part, and we’ll continue to make that effort on behalf of our customers.”

Scott Balfour, President and CEO, Emera Inc.