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ARTICLE · 10 FEBRUARY 2016

Ontario Updates Stakeholders On Cap-And-Trade Program Design

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The Ontario Ministry of the Environment and Climate Change (MOECC) has provided a Report Back to Stakeholders discussing the design options being considered for the province...

CanadaEnvironment

The Ontario Ministry of the Environment and Climate Change (MOECC) has provided a Report Back to Stakeholders discussing the design options being considered for the province's anticipated cap-and-trade program for greenhouse gas (GHG) emissions. This update follows the MOECC's consultation in late 2015 on a discussion paper titled Cap-and-trade Program Design Options (for more detail, see our bulletin here).

What You Need To Know

  • The MOECC is moving forward with its draft cap-and-trade regulations, which could be released as early as late February 2016.
  • Key highlights in the Report Back to Stakeholders include:
  • general support for design features which would facilitate future linkage between the Ontario program and the existing systems in California and Québec;

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