The Canadian government has drawn up a proposal that would fully meet Canada's target under the Kyoto treaty, it is reported here Monday.

According to a Canadian Press report, the plan, which is still under debate, calls for an additional 3 billion Canadian dollars (2.5 billion US dollars) by 2010 for tax breaks, subsidies, and emissions purchases.

An official source was quoted as saying that combined with 3.7 billion Canadian dollars (3 billion US dollars) already allocated,the proposal would bring the Canadian government's Kyoto investment to 6.7 billion Canadian dollars (5.5 billion US dollars).

The plan would fully achieve a 240-megatonne reduction in greenhouse emissions from 1990 levels by 2012 as required by the Kyoto treaty, said the source.