Americas > Second Ontario CO2 auction sells out at premium price, as federal action has emitters ‘taking scheme more seriously’

Second Ontario CO2 auction sells out at premium price, as federal action has emitters ‘taking scheme more seriously’

Published 20:13 on June 13, 2017  /  Last updated at 10:06 on June 14, 2017  /  Americas, Canada, US

Ontario’s second CO2 auction fully sold out at a 2.3% premium to the reserve price, the government announced Tuesday, with observers noting that recent Canadian federal action on carbon pricing has emitters in the province's cap-and-trade scheme taking it more seriously.
Ontario’s second CO2 auction fully sold out at a 2.3% premium to the reserve price, the government announced Tuesday, with observers noting that recent Canadian federal action on carbon pricing has emitters in the province's cap-and-trade scheme taking it more seriously.


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