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ARTICLE · 16 NOVEMBER 2016

MOECC Proposing Amendments To Cap And Trade Program Regulations

On November 4, 2016, the MOECC released proposed amendments to two key regulations, and two additional documents under Ontario's Cap and Trade Program (the Amendments).

CanadaEnvironment

On November 4, 2016, the Ministry of the Environment and Climate Change (MOECC) released proposed amendments to two key regulations, and two additional documents under Ontario's Cap and Trade Program (the Amendments). The purpose of the Amendments is to clarify the policy, technical and administrative requirements of Ontario's Cap and Trade Program (which we covered in a previous post here).

The Amendments will affect the Cap and Trade Program Regulation (O. Reg. 144/16), which took effect July 1, 2016 and the Quantification, Reporting and Verification of Greenhouse Gas Emissions Regulation (O. Reg. 143/16), which takes effect January 1, 2017. There will also be changes to two additional documents, the "Methodology for Distribution of Ontario Emission Allowances Free of Charge, and the "Guideline for Greenhouse Gas Emissions Reporting."

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