Catherine Mckenna

Canada will shutter its coal-fired power plants by 2030 as part of its strategy to cut greenhouse gas emission under the Paris climate accord, the country's Environment Minister Catherine McKenna announced Monday.

For the most part, big business wanted one thing from the climate accord in Paris on Saturday: a price on carbon dioxide (CO2) emissions. While on the surface their hopes were dashed, looking deeper may give them cause for hope.

Canada will shutter its coal-fired power plants by 2030 as part of its strategy to cut greenhouse gas emission under the Paris climate accord, the country's Environment Minister Catherine McKenna announced Monday.

For the most part, big business wanted one thing from the climate accord in Paris on Saturday: a price on carbon dioxide (CO2) emissions. While on the surface their hopes were dashed, looking deeper may give them cause for hope.