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ARTICLE · 27 FEBRUARY 2013

Change Is In The Air: Ontario Closer To A Cap-And-Trade System

Osler, Hoskin & Harcourt LLP
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The Ontario's Ministry of the Environment has recently posted the Greenhouse Gas Emissions Reductions in Ontario: A Discussion Paper on the Environmental Registry, in conjunction with a consultation period open until April 21, 2013.

CanadaEnvironment
Osler, Hoskin & Harcourt LLP
Osler, Hoskin & Harcourt LLP
Jennifer Fairfax
Jennifer Fairfax
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Change Is In The Air: Ontario Closer To A Cap-And-Trade System

On January 21, 2013, Ontario's Ministry of the Environment (MOE) posted the Greenhouse Gas Emissions Reductions in Ontario: A Discussion Paper (the Discussion Paper) on the Environmental Registry, in conjunction with a consultation period open until April 21, 2013. This Discussion Paper is the latest indication that the Ontario Government intends to pursue a greenhouse gas (GHG) reduction strategy that involves a cap-and-trade system that may have far-reaching effects on industry in the province. The Discussion Paper also makes it clear that the interests of stakeholders, including Ontario businesses, will be considered.

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