Ontario Proposes Cap And Trade Program Changes

The Ontario Ministry of the Environment and Climate Change (MOECC) is proposing regulatory amendments to the province's cap-and-trade program, including revised methods for allocating free allowances to specified facilities, as well as other administrative amendments.

What You Need To Know

• Proposed changes to the Cap and Trade Program Regulation (O. Reg. 144/16) and the Methodology for Distribution of Ontario Emission Allowances Free of Charge (Free Allowance Methodology) include:
• • moving from energy use or historical emissions-based allocation to the product output benchmark or emissions intensity-based methods for certain facilities;
  • updating existing product output benchmarks and historical emissions intensities to better align with facility and sector emissions;