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ARTICLE · 24 JANUARY 2018

Federal Government Releases Draft Carbon Pricing Proposal

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On January 15, 2018, the federal government released the Greenhouse Gas Pollution Pricing Act (the Act), a draft legislative proposal regarding nationwide carbon pricing, as well as a regulatory framework...

CanadaEnvironment
David Stevens
David Stevens
Rebecca Hines
Rebecca Hines
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On January 15, 2018, the federal government released the Greenhouse Gas Pollution Pricing Act (the Act), a draft legislative proposal regarding nationwide carbon pricing, as well as a regulatory framework regarding the output-based carbon pricing system that is proposed under the Act. The release of the Act and regulatory framework marks the government's most recent step pursuant to its pan-Canadian approach to addressing climate change, and is a follow up to the release in May 2017 of its technical paper on federal carbon pricing. The implementation of nationwide carbon pricing is intended to help Canada reach its international commitment of reducing Greenhouse Gas (GHG) emissions by 30 percent below 2005 levels by 2030.

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