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ARTICLE · 15 NOVEMBER 2019

The More Things Change, The More They Stay The Same: Alberta Revamps Carbon Pricing Regime For Large Emitters

On October 29, 2019, the Alberta government proposed new legislation for a revamped Alberta carbon pricing scheme, called the Technology Innovation and Emissions Reduction (TIER) system.

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In this Update

  • On October 29, 2019, the Alberta government proposed new legislation for a revamped Alberta carbon pricing scheme, called the Technology Innovation and Emissions Reduction (TIER) system. Once passed, the new legislation is slated to come into force on January 1, 2020.
  • The TIER system will leave the regulatory landscape relatively unchanged, but makes a few key changes to the carbon pricing regime in Alberta.
  • Notably, emitters that are governed by the TIER system (other than electricity generators) can apply for a facility-specific benchmark, which will result in a facility's emissions intensity being measured against the facility's own past emissions, rather than against a common industry standard.

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